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Folly View Road, Faringdon SN7 - Image 1
Folly View Road, Faringdon SN7 - Image 2
Folly View Road, Faringdon SN7 - Image 3
Folly View Road, Faringdon SN7 - Image 4
Folly View Road, Faringdon SN7 - Image 5

Folly View Road, Faringdon SN7

South West

£275,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1289 sqft

Description

This detached bungalow presents a compelling opportunity for those interested in renovation or investment. Currently vacant, the property is situated on a generous plot, allowing for various development possibilities such as extensions or potential loft conversions, subject to obtaining the necessary planning permissions. Located in the sought-after town of Faringdon, residents benefit from convenient access to neighboring towns including Abingdon and Swindon via the A420. The area combines a tranquil suburban environment with accessibility to wider amenities and transportation links, making it an attractive option for both families and commuters. The bungalow features three bedrooms and is ripe for transformation. Investors and developers will appreciate the scope for improvement that this property offers. With the right vision and planning, this space could be reimagined into a modern family home or a lucrative rental investment. For prospective buyers, this property will be offered through an online auction process with completion set for six weeks after bidding closes. Viewings are available prior to the auction date, allowing interested parties to assess its potential firsthand. The freehold property comes with vacant possession and has an EPC rating of D. It’s important for bidders to conduct their due diligence by reviewing all relevant documentation available in the legal pack prior to placing bids.

Investment Analysis

(SN7 area)

Below Market Value

This property is priced -39.6% below area average per sq ft

-39.6%
Potential saving
This Property
£213/sq ft
Area Average
£354/sq ft
Avg Rent (weekly)
£308
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£27,500 - £68,750
10-25% of property value
Target Value
£501,228
10% above area average per sq ft
Potential ROI
+45.8%
After renovation
Monthly Sales
14
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SN7)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -3.8%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on SN7 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

Folly View Road, Faringdon SN7
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