Chancellors says ..
Chancellors are delighted to present to the open market this unique flying freehold three bedroomed first and second floor duplex apartment, currently being let as multi occupancy and is fully tenanted with long term tenants in situ. the property is in good condition and would suite an investor.
Property Oracle says ..
This three-bedroom property located on Merton Street in Banbury, Oxfordshire, presents a mixed bag of features. Its proximity to Banbury town centre, the train station, and several schools, including the ‘Good’-rated Dashwood Banbury Academy, makes it an attractive option for families and commuters. The relatively affordable list price of £170,000 is competitive with other properties in the area, but potential buyers should factor in costs for renovation. The property shows signs of wear and tear throughout, both internally and externally, requiring updates and maintenance. The available outdoor space seems limited. While the interior is habitable, upgrades would enhance the property’s overall appeal and increase its value. The lack of square footage data makes it difficult to fully assess the price-to-space ratio. Overall, it could be a viable investment for someone looking for a property requiring refurbishment, or an investor seeking rental potential.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 2
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 379,990.00 £Increased by 38.42 %
- Average area rental value
- 1,098.00 £/moDecreased by 12.23 %
- Est rental Yield
- 3.47 %Decreased by 36.56 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Chancellors created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Dashwood Banbury Academy | Academy Sponsor Led | Good | 0.07 KM |
| St Leonard'S Church Of England Primary School | Voluntary Controlled School | Good | 0.53 KM |
| East Street Children And Family Centre | Children's Centre Linked Site | 0.76 KM | |
| St John'S Catholic Primary School | Academy Sponsor Led | 1.40 KM | |
| The Grange Community Primary School | Community School | Good | 1.63 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Higham Way | £ 146,875 | 0 | 0.00 KM |
| Blacklock House | £ 0 | 0 | 0.00 KM |
| Lime Avenue | £ 0 | 0 | 0.00 KM |
| Daventry Road | £ 0 | 0 | 0.00 KM |
| Canal Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Banbury | 4502 | BAN | 0.57 KM |
| Kings Sutton | 4508 | KGS | 6.41 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Banbury, Oxfordshire, OX16 | £ 170,000 | BUY | 5 / 10 | 0.00 KM |
| Alma Road, Banbury | £ 259,950 | BUY | 6 / 10 | 0.04 KM |
| Alma Road, Banbury, Oxfordshire, OX16 | £ 325,000 | BUY | 6 / 10 | 0.04 KM |
| Alma Road, Banbury, Oxfordshire, OX16 | £ 170,000 | BUY | 6 / 10 | 0.05 KM |
| Fulwell Close, Banbury, OX16 4TF | £ 190,000 | BUY | 5 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 162 Alma Road | £ 190,945 | 0.04 KM |
| 174 Alma Road | £ 150,000 | 0.04 KM |
| 170 Alma Road | £ 169,995 | 0.04 KM |
| 194 Alma Road | £ 162,000 | 0.04 KM |
| 168 Alma Road | £ 156,330 | 0.04 KM |