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Lot 26 - Rivendell, Wardington, Banbury
Address
See address
Auction date
-
Guide price
£230,000
Type
Other
Tenure
Freehold
EPC Rating
D
Status
-
Description
A three/four bedroom detached bungalow in the popular village of Wardington. The property requires some remedial and refurbishment works, with a spray foam roof applied.
Local Authority – Cherwell District CouncilEPC Rating – D
Freehold
Last update: 29 Oct 2025
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A three storey HMO property offering five Letting rooms (all en-suite). The property is well presented throughout with modern kitchen and bathrooms and tasteful decor. Offered let with an annual income of circa £27,000 per annum inclusive. Well placed for local transport links with strong demand from students and professionals. The property has a great letting history with full occupancy since 2018. Five good size letting rooms all with their own en-suite shower room, large communal kitchen and enclosed rear garden. A great investment opportunity with income from day one and a gross yield of 13% against the guide price.
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Situated in a desirable village, this detached bungalow requires full modernisation. It is set on a level plot of approximately 0.56 acres, adjoining open fields. The property includes an entrance hall, a rear sitting room, a large conservatory, and two double bedrooms. The attic room offers potential for conversion. The property benefits from a fore garden, ample driveway, and a double garage.
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