Summary - 155 155 Dashwood Apartments, Dashwood Road, Banbury, Oxfordshire, OX16 OX16 5HA
26 bed 1 bath Block of Apartments
**Standout Features:**
- Two residential blocks with a total of 16 apartments (10 x 2-Bed, 6 x 1-Bed)
- Purpose-built in 2005 to a high standard
- Investment potential as a successful serviced apartment business
- Located in a peaceful area with easy access to Banbury Train Station
- Off-street parking for 16 vehicles
- Suitable for change of use to C3 (residential)
**Potential Concerns:**
- High local crime rate
- Area classification marked as very deprived
This impressive block of apartments in the heart of Banbury offers a prime investment opportunity. Built in 2005, the property comprises 16 well-presented apartments, each equipped with modern amenities such as fully fitted kitchens and high-speed internet, appealing to both business travelers and those in need of short-term accommodation. Currently operated as a successful family-run serviced apartment business (C1 use class), this property has separate meters and addresses for each unit, making a potential change to residential (C3) use seamless.
With a competitive price of £3,000,000, this freehold opportunity includes 16 resident car parking spaces and is ideally situated near Banbury Train Station, offering direct access to London Marylebone. The location is rich in local attractions and services, making it convenient for various tenant needs. While the area does experience high crime rates and is classified as deprived, its vibrancy and growth potential within the M40 corridor cannot be overlooked. Don’t miss this chance to invest in a property with significant future flexibility and high demand in a bustling town setting.
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