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High Street, Drayton, Abingdon, Vale of White Horse, OX14

South East

£1,000,000
Listed on 01/07/2024

Property Details

Bedrooms
6
Type
Detached house
Area
3194 sqft

Description

This spacious six-bedroom former farmhouse, steeped in history, is located in a well-connected village in South Oxfordshire. The property features distinctive Georgian architecture with original elements such as open fireplaces, sash windows, and exposed timber beams, all crafted from red brick beneath a traditional tiled roof. The layout offers a welcoming entrance hall that flows into three versatile reception rooms. The drawing room benefits from dual aspects, allowing for ample natural light, while the adjacent sitting room leads into a dining area connected to a farmhouse-style kitchen. This kitchen is equipped with an electric Aga and includes a central island designed for casual dining. A utility room provides additional practical space. Upstairs, you'll find five generously-sized bedrooms, three of which have en suite shower rooms, along with a family bathroom. Furthermore, the eaves host a sixth bedroom that presents an opportunity for further development—subject to planning permission. Set back from the road and positioned centrally on the plot, this property includes a brick-built office or gym in the garden. With existing water and electricity connections, this outbuilding holds potential for conversion into a self-contained living space or teenage retreat after obtaining necessary approvals. Additionally, there are three large garages and ample parking available at the front of the house. The village of Drayton is known for its strong community spirit and offers various amenities such as a post office, shops, two public houses, a primary school, St Peter's Church, and a village hall. Commuters will appreciate the proximity to major roads; it is less than two miles from the A34 and about five and a half miles from Didcot Parkway station, which provides services to Reading, Oxford Parkway, and London. Families will benefit from access to highly regarded local schools including Abingdon School, St Helen & St Katharine's School, St Hugh's School among others. The nearby town of Abingdon boasts additional shopping options along with numerous pubs and restaurants to explore. This property presents an excellent opportunity for renovation and investment in an area that combines historical charm with modern convenience.

Investment Analysis

(OX14 area)

Below Market Value

This property is priced -23.3% below area average per sq ft

-23.3%
Potential saving
This Property
£313/sq ft
Area Average
£408/sq ft
Avg Rent (weekly)
£328
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,434,873
10% above area average per sq ft
Potential ROI
+31.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (OX14)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 1.9%
5 year growth: 13.6%
Investment Disclaimer: Analysis based on OX14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

High Street, Drayton, Abingdon, Vale of White Horse, OX14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,663
Based on a loan of £750,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE