Summary - EVERITT KERR AND CO, WEST BAR STREET OX16 9RR
3 bed 2 bath Flat
Two self-contained flats with courtyard garden and no chain ideal for rental income.
- Freehold building with two self-contained flats
A rare freehold building in the town centre, this property comprises two self-contained flats: a ground-floor one-bedroom apartment and a first/second-floor two-bedroom maisonette. The building overlooks the historic Banbury Cross and includes a private courtyard garden — features that appeal to tenants seeking central location and character.
Sold chain-free, the purchase is straightforward for an investor or buyer seeking immediate rental income or a small portfolio addition. The property totals about 947 sq ft, benefits from excellent mobile reception and fast broadband, and sits in a busy convenience-rich location close to schools, shops and transport links.
The building is Victorian/Georgian-era with solid brick walls and electric storage heating. There is no visible flood risk and council tax banding is inexpensive, but the property retains older construction details and assumes little to no wall insulation. Buyers should allow for potential upgrading of insulation, windows and heating for better tenant appeal and energy performance.
This is a practical investment with character and clear income potential, but it requires some planned updates to maximise returns and reduce running costs. High local crime statistics mean prospective landlords should consider security measures and appropriate tenant vetting when setting rents and insurance.
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