Byron Road
Banbury, OX16

£700,000 Guide price
542
Call Us 01295231649

Features

  • Stunning Property
  • Investment Opportunity
  • Self-Contained Annex
  • Four Double Bedrooms
  • Three Bathrooms
  • Two Reception Rooms
  • Kitchen Breakfast Room
  • Utility Room
  • Large Plot - South Facing Garden
  • Current Income 70,000 pa

Description

Tenure: Freehold

Superb residential property and investment opportunity.

This stunning detached bungalow has been run as a successful holiday rental business but equally offers a stunning residential property to move into in immaculate condition.

We have the main detached, four double bedroom bungalow - and also the self-contained annexe with its own separate entrance.

The main property offers an abundance of living space comprising of four double bedrooms, three bathrooms, the main living room, second reception / dining room, kitchen breakfast room and utility room.

To the front is parking for several vehicles and is a fully enclosed rear garden with lawn and a landscape designed area to relax laid to patio. The garden is very private and south facing.

Beyond this and accessed to the side of the bungalow with separate entrance is 'The Annexe'. Open plan, this is rented on AirB&B generating a healthy return of approximately £50,000 pa. It is fully self-contained with bathroom, kitchen and the main living space along with the private terrace.

There is further garden plot available beyond 'The Annexe'.

This has to be one of the most spectacular detached bungalows we have seen offered for sale in recent times offering a superb living space available all on one level with the bonus of 'The Annexe' - ideal for extra income of for housing guests and family generating approx. £4,000 - £5,000 pcm.

Or you could be interested purely as an investment with an attractive return available and several years of accounts to evidence this with a fabulous yield.

As 'The Annexe' has its own entrance it would offer the potential to provide income whilst enjoying the superb benefits of the main detached bungalow to live in.

Located in the sought after area of Poets Corner in Banbury we are delighted to offer viewings on such a rarely available opportunity. We look forward to showing you round in person.

EPC rating: D. Council tax band: E, Tenure: Freehold,

Mortgage Calculator