Banbury, Oxfordshire, OX16
CH

Banbury, Oxfordshire, OX16

By Chancellors

£ 170,000

Reviews

2 out of 5 stars

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

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
379,990.00 £
Increased by 38.42 %
from 274,514.00 £
Average area rental value
1,098.00 £/mo
Decreased by 12.23 %
from 1,251.00 £/mo
Est rental Yield
3.47 %
Decreased by 36.56 %
from 5.47 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Chancellors created the listing.

Nearby Schools

NameTypeOfstedDistance
Dashwood Banbury AcademyAcademy Sponsor LedGood0.07 KM
St Leonard'S Church Of England Primary SchoolVoluntary Controlled SchoolGood0.53 KM
East Street Children And Family CentreChildren's Centre Linked Site0.76 KM
St John'S Catholic Primary SchoolAcademy Sponsor Led1.40 KM
The Grange Community Primary SchoolCommunity SchoolGood1.63 KM

Images

Front Aspect External View Reception Room Reception Room Kitchen Bedroom Bedroom Bathroom Bathroom Garden Bedroom Kitchen Bedroom Bedroom Kitchen External View

Nearby Streets

NameAverage PriceAverage SqftDistance
Higham Way £ 146,87500.00 KM
Blacklock House £ 000.00 KM
Lime Avenue £ 000.00 KM
Daventry Road £ 000.00 KM
Canal Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Banbury4502BAN0.57 KM
Kings Sutton4508KGS6.41 KM

Nearby Listings

AddressPriceTypeScoreDistance
Banbury, Oxfordshire, OX16 £ 170,000BUY5 / 100.00 KM
Alma Road, Banbury £ 259,950BUY6 / 100.04 KM
Alma Road, Banbury, Oxfordshire, OX16 £ 325,000BUY6 / 100.04 KM
Alma Road, Banbury, Oxfordshire, OX16 £ 170,000BUY6 / 100.05 KM
Fulwell Close, Banbury, OX16 4TF £ 190,000BUY5 / 100.09 KM

Nearby Properties

AddressPriceDistance
162 Alma Road £ 190,9450.04 KM
174 Alma Road £ 150,0000.04 KM
170 Alma Road £ 169,9950.04 KM
194 Alma Road £ 162,0000.04 KM
168 Alma Road £ 156,3300.04 KM