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Grove Bridge, Wantage, Oxfordshire, OX12 - Image 1
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Grove Bridge, Wantage, Oxfordshire, OX12 - Image 5

Grove Bridge, Wantage, Oxfordshire, OX12

South East

£950,000
Listed on 08/07/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1700 sqft

Description

This charming bungalow has been a family home for approximately 60 years, showcasing both nostalgia and untapped potential. Nestled in a serene setting with expansive grounds of 1.36 acres, the property features beautiful rear gardens that include a tranquil lake, Letcombe Brook, and remnants of the historic Wilts and Berks canal wall. Internally, the home boasts four spacious bedrooms along with four reception rooms, offering ample living space as it stands. However, there is significant potential for further enhancement. The possibility to extend the existing structure or even add an additional level exists, subject to planning permissions. Additionally, there is already approved planning permission to construct a separate dwelling on the right-hand side of the property, which opens avenues for development or investment opportunities—more details are available through the Vale Of White Horse District Council under reference P22/V0329/FUL. Location-wise, this property is strategically situated between Wantage and Grove, alongside Letcombe Brook and at the edge of the picturesque Berkshire Downs. It’s conveniently located about 9 miles south-west of Abingdon and roughly 15 miles from Oxford. The village offers local amenities such as primary schools including Millbrook and Grove Church of England School, recreational parks, sports clubs, and several public houses. For more extensive shopping and leisure options, Wantage is just one mile away—a charming market town offering supermarkets like Sainsbury's and Waitrose. The area is known for its excellent educational institutions in Oxfordshire and Berkshire, particularly around Abingdon and Oxford. Notable schools include Abingdon School and St. Helen and St. Katharine among others. This location also provides excellent transport links into London; Didcot Parkway station is only about 9.4 miles away with direct trains reaching London Paddington in approximately 40 minutes. With its combination of nature-rich surroundings, existing amenities nearby, and substantial investment potential through renovation or development opportunities, this property presents an appealing prospect for both families seeking a home with room to grow or investors looking for a promising project in a desirable location.

Investment Analysis

(OX12 area)

Above Market Value

This property is priced +56.4% above area average per sq ft

+56.4%
This Property
£559/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£364
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£95,000 - £237,500
10-25% of property value
Target Value
£668,245
10% above area average per sq ft
Potential ROI
-43.7%
After renovation
Monthly Sales
26
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (OX12)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -2.5%
5 year growth: 6.5%
Investment Disclaimer: Analysis based on OX12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Grove Bridge, Wantage, Oxfordshire, OX12
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