6 Bed HMO, Banbury, OX16 3QT £375,000

• Registered HMO +
• Six Bedrooms +
• All Rooms Fully Let +
• Fantastic Monthly Income £3,600,00 pcm +
• Walking Distance to Banbury Town and Shopping Area +
• Gas Central Heating +
• Maintance Man On Site +
• Viewing Ref; EB1112 +

INVESTERS ARE YO LOOKING TO GROW YOUR PORTFOLIO  Bringing to you  a fully registered HMO in Banbury. Close to the Market town centre withing walking distance and a bus stop close at hand. The property is fully tenanted bringing in a rental income £3,600,00 PCM The property is in good order with two spacious rooms with own living areas, ensuites, kitchenettes and bedrooms, the other four rooms are all kitted out with there own kitchenettes and share bathrooms.  The Property has full double glazing and in good order. Viewing his highly recommended but we have to give tenants 48 hours notice before viewings.  SECURITY / SAFETY / CLEANING / MAINTENANCE  All communal areas, stairs and walkways throughout the building are fitted with timed motion sensors ensuring light are automatically operated when required at all times. The Building is fitted with managed / service fire alarm system throughout.  All communal areas, stairs and walkways are cleaned on a weekly basis by in house maintenance and cleaner.  This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.