# Studio flat for rent (OX16 1BQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 129 SINCLAIR AVENUE, BANBURY, OXFORDSHIRE OX16 1BQ |
| Price | £800 pcm |
| Bathrooms | 1 |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 96 m² |
| Last sold | £372,000 Jan 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** F
- **Potential rating:** D
- **Expiry date:** 06/08/2034
- **Current heating cost:** £3,475/year
- **Est. upgrade cost to C:** £17,943

### Recommendations
- W1 (£800 - £1,200)
- C (£15 - £30)
- E (£20)
- L2 (£2,000 - £3,000)
- N (£4,000 - £6,000)
- O (£3,300 - £6,500)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/6034-8728-3400-0323-0206)

## Description

A newly developed/refurbished annex-studio. The studio is available with a dedicated driveway parking space

Close by to the town centre and amenities

All utility bills and council tax included in the rent.

Council Tax Band: Exempt (included in rent) (Cherwell District Council )

Holding Deposit: £184.61

## Property Photos

- ![Photo](/listings/photos/90219381/1110943)
- ![Photo](/listings/photos/90219381/1110944)
- ![Photo](/listings/photos/90219381/1110945)
- ![Photo](/listings/photos/90219381/1110946)
- ![Photo](/listings/photos/90219381/1110947)

## EPC Graphs

- ![EPC](/listings/photos/90219381/1110948) - EPC

## Rental Range

*ONS Price Index of Private Rents (Cherwell). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,160/mo
- **Realistic:** £1,289/mo
- **Optimistic:** £1,418/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Cherwell Valley (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Parklands, OX16 | £1,950/mo | 1 | 0.24 miles | OpenRent |
| 1 Bed Flat, Parklands, OX16 | £900/mo | 1 | 0.28 miles | OpenRent |
| 2 Bed Terraced House, Wimborne Avenue, OX16 | £1,275/mo | 2 | 0.3 miles | OpenRent |
| 5 Bed Semi-Detached House, Bloxham Road, OX16 | £3,995/mo | 5 | 0.94 miles | OpenRent |
| 1 Bed Flat, Albert Street, OX16 | £2,600/mo | 1 | 0.96 miles | OpenRent |
| 2 Bed Detached House, Hamilton Close, OX16 | £1,250/mo | 2 | 1.07 miles | OpenRent |
| 1 Bed Flat, Broome Way, OX16 | £1,050/mo | 1 | 1.07 miles | OpenRent |
| 3 Bed Terraced House, Broome Way, OX16 | £1,400/mo | 3 | 1.09 miles | OpenRent |
| 1 Bed Flat, Britannia Road, OX16 | £850/mo | 1 | 1.16 miles | OpenRent |

**Average rent: £1,697/mo (9 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,275/mo).*

- **Gross yield:** 1912.5%
- **Monthly cashflow:** £1,119/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5789.7%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £8/m²

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)