9 Melrose Court, Banbury, Oxfordshire, OX16 1AE

This two-bedroom freehold house located in Melrose Court, Banbury, presents a compelling opportunity for investors eager to enter the Oxfordshire property market. The property currently generates a gross yield of 5.25%, with a steady rental income of £875 per month (£10,500 annually). While the house spans approximately 581 sq ft and includes two bedrooms, a bathroom, and a convenient downstairs W/C, it is listed as needing some work, making it ripe for a light refurbishment to enhance both its rental appeal and capital value. The freehold tenure and an EPC rating of C further contribute to the property's attractiveness. Situated close to Banbury town centre with access to local amenities and strong transport links to Oxford, Bicester, and London via the M40, this area remains popular among professionals and families seeking affordable housing options. With solid fundamentals in place and enduring demand for rentals in this location, this property offers significant potential for value enhancement through thoughtful improvements. It represents an excellent choice for those looking for a manageable investment that promises growth.