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Greenwood Homes, Bicester, Oxfordshire, OX26

South East

£400,000
Listed on 18/06/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1081 sqft

Description

Located in the desirable Greenwood Homes neighborhood of Bicester, this property offers a blend of residential comfort and significant renovation potential. Its prime location adjacent to a park enhances its appeal, making it suitable for families and individuals seeking easy access to outdoor spaces. Inside, the layout includes an entrance hall that leads to a lounge/sitting room, providing a welcoming atmosphere. The kitchen connects to a dining room or optional ground-floor bedroom, allowing flexibility in how the space can be used. A convenient W.C. and under-stairs storage further maximize functionality on the ground floor. Upstairs, you'll find three bedrooms complemented by an airing cupboard and a bathroom, presenting opportunities for modernization and personalization. Externally, the property boasts an attractive facade with ample front yard space and off-street driveway parking capable of accommodating several vehicles. The enclosed rear garden is primarily laid to lawn and features established flower beds and shrubs, along with a patio area perfect for outdoor gatherings. Additionally, there's an integral single garage that has been partially utilized as an office—a versatile space that could benefit from conversion into additional living or working areas. The Greenwood Homes development is well-known for its community vibe and proximity to essential amenities. Residents will appreciate the short distance to Bicester Village shopping center, local shops like Tesco Express, pubs, and community facilities. Educationally, the property falls within the catchment area for reputable schools such as Kings Meadow Primary School along with Whitelands Academy or The Bicester School for secondary education. With easy access to major transport routes including the M40, A34, and A41, this home presents an ideal investment opportunity in a growing area with substantial potential for enhancement.

Investment Analysis

(OX26 area)

Below Market Value

This property is priced -4.8% below area average per sq ft

-4.8%
Potential saving
This Property
£370/sq ft
Area Average
£389/sq ft
Avg Rent (weekly)
£345
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£40,000 - £100,000
10-25% of property value
Target Value
£462,084
10% above area average per sq ft
Potential ROI
-7.6%
After renovation
Monthly Sales
27
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (OX26)

Area prices are falling by +4.7% over the last 12 months
3 year growth: -7.9%
5 year growth: 7.8%
Investment Disclaimer: Analysis based on OX26 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

Greenwood Homes, Bicester, Oxfordshire, OX26
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