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Edge Hill Lane, Edgehill, Banbury - Image 1
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Edge Hill Lane, Edgehill, Banbury

South East

£800,000
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow is situated on a generous plot in the picturesque village of Edgehill, known for its rich history and charming rural setting. While the property requires modernisation, it offers significant potential for renovation and improvement, making it an attractive opportunity for investors or those looking to create their ideal home. The spacious entrance hall welcomes you into the living area, which includes a comfortable lounge with large windows that provide natural light from both the front and side aspects. A fireplace adds character to this space, creating a cozy environment. Adjacent to the lounge is a reception room that features sliding doors leading into the kitchen, enhancing connectivity throughout the living areas. The kitchen, equipped with basic essentials, opens to the rear garden and provides access back to the hallway. Two well-proportioned bedrooms come with built-in wardrobes, offering functional storage solutions. The bathroom contains essential fixtures with good potential for an upgrade. An out-house located beside the side door includes a separate toilet and basin, which could be repurposed or improved as part of future renovations. With ample outdoor space surrounding the bungalow, there are considerable possibilities for expansion or development (subject to planning permission). Given the size of the plot and location advantages, there may be opportunities to construct additional homes or substantial extensions. Preliminary assessments suggest that if planning permission were granted for four or five detached homes on this site, values could potentially reach between £2.8 million and £3.5 million. Edgehill itself is steeped in history, famously linked to major events such as the first battle of the English Civil War. The village offers local amenities including a historic pub housed in an 18th-century building made from Hornton Stone, providing a distinctive focal point within this tranquil community. Its elevated position near Stratford-upon-Avon also brings scenic views and easy access to surrounding countryside attractions. This property stands as a noteworthy investment opportunity due not only to its desirable location but also its potential for redevelopment and modernisation.

Investment Analysis

(OX15 area)
Area Average
£387/sq ft
Avg Rent (weekly)
£337
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (OX15)

Area prices are rising by +3.1% over the last 12 months
3 year growth: -7.7%
5 year growth: 9.7%
Investment Disclaimer: Analysis based on OX15 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

Edge Hill Lane, Edgehill, Banbury
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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
£2,931
Based on a loan of £600,000 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