6 bed detached house for sale

Broughton Road, Banbury, Oxfordshire OX16

*** Versatile 7 Room Detached Property - Over 1,700 sq ft, Excellent Income Potential, No Onward Chain *** matterport tour available ***

Located just minutes from Banbury town centre, this substantial detached property offers over 1,700 sq ft of flexible living space and is currently arranged as seven individual room lets. Several rooms benefit from private access, kitchenettes, and wash facilities, making it a standout opportunity for investors or buyers seeking adaptable accommodation.

Positioned on a generous wrap-around plot, the home features mature gardens on three sides and off-street parking for numerous vehicles. Its layout and footprint also lend themselves to potential commercial use, such as a gp surgery, dental practice, or treatment centre (subject to permissions).

Accommodation Overview**
The property comprises:

Four large double bedrooms, with plumbing already in place in several rooms for future en-suite additions
One large single/small double bedroom
Two fully self?contained rooms, each with en-suite shower rooms and kitchenette space
A communal kitchen with recently upgraded worktops and appliances
A spacious shared living area
An additional ground-floor shower room and WC

The layout offers exceptional versatility - suited to continued multi-let use, multi-generational living, or conversion to a single extensive family home.

Investment Highlights**
The property previously held an HMO licence, which can be reapplied for. When fully occupied, the projected income is in excess of £61,000 per annum, based on estimated room rates:

Room 1 (en-suite): Est. £750 pcm
Room 2 (en-suite): Est. £750 pcm
Room 3: Est. £700 pcm
Room 4: Est. £700 pcm
Room 5: Est. £700 pcm
Room 6: Est. £700 pcm
Room 7: Est. £550 pcm

This offers a strong yield in a highly rentable location close to local amenities, shops, bus routes, and Banbury’s vibrant town centre.

Additional Features**
Replastered and freshly decorated throughout
New kitchen worktops and appliances installed
Offered with no onward chain.
Large frontage and driveway parking for multiple vehicles.
Potential for commercial conversion, subject to planning.
Prime location on Broughton Road, just a short stroll from Banbury High Street.

A Rare Opportunity**
With its size, flexibility, income potential, and excellent location, this property represents an exceptional opportunity for seasoned investors, developers, or buyers seeking a substantial home with endless possibilities.