£260,000
3 bed terraced house for saleThe Magnolias, Banbury, Oxfordshire OX16
3 beds
1 bath
2 receptions
Added on
About this property
Tenanted Investment Opportunity
Three Bedroom Mid Terrace House
Popular Residential Development
One Family Bathroom
One Reception Room
Close By To Local Amenities
Good Transport Links
Excellent Access To Banbury Town Centre
Well Presented Throughout
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The Magnolias, Banbury, Oxfordshire, Ox16 1Xf
Situated within a popular residential development in Banbury, this three bedroom mid terrace house offers well balanced accommodation and a practical layout, making it an excellent choice for a range of tenants. The property comprises three bedrooms, a family bathroom and a comfortable reception room, providing a good combination of living and bedroom space. Its convenient position also provides easy access to local amenities, schools, transport links and the wider town centre.
Banbury is a well established market town in Oxfordshire, offering an excellent range of shopping, dining, leisure and everyday amenities. The town centre provides a mixture of independent businesses and larger retailers, with Castle Quay Shopping Centre and Banbury Gateway providing further shopping and leisure options. The area is particularly attractive to commuters, with Banbury Railway Station providing regular services to Oxford, Birmingham and London Marylebone. There are also excellent road connections via the M40, providing convenient access to Oxford, Birmingham and surrounding areas. The town benefits from a variety of schools, parks and recreational facilities, while the surrounding Oxfordshire countryside provides plenty of opportunities for walking and outdoor activities.
Banbury is benefiting from continued investment and an ongoing programme of regeneration aimed at strengthening the town centre and supporting long term economic growth. A new Banbury Framework Masterplan is being developed with a focus on future investment, improved transport connections, new development opportunities and the revitalisation of the town centre. Further investment is also being directed towards Banbury town centre, with initiatives focused on improving public spaces, accessibility and the overall experience for residents and visitors. These projects are designed to support the continued growth of the town while encouraging further commercial and residential investment.
Financial Breakdown
Gross Rent: £14,400.00
Net income: £14,400.00
Gross yield: 5.54%
Net yield: 5.54%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08675
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