The Fairway, Banbury, Oxfordshire

This property presents a compelling investment opportunity with strong income potential. Comprising five bedrooms spread across four self-contained apartments and an additional commercial unit at the rear, it is currently fully occupied, delivering an annual rental income of approximately £43,980. This positions the property favorably with a gross yield of around 7.33%, making it an attractive option for investors seeking immediate cash flow. The layout allows for straightforward management, with each apartment offering separate living spaces that appeal to a range of tenants. Importantly, the commercial unit is not only generating rental revenue but also comes with planning permission for conversion into two additional apartments. This opens up avenues for further investment and potential increases in overall returns. Located in a thriving area known for its accessibility and amenities, this property benefits from a steady demand for rental accommodation. The surrounding neighborhood offers various services and conveniences that enhance tenant satisfaction and retention. Overall, this investment holds significant promise for both immediate income stability and future growth through planned renovations and development. With its current occupancy status and approved plans, it represents a unique chance to expand your portfolio while capitalizing on its renovation potential.