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Upper Brailes, Banbury, OX15

South East

£550,000
Listed on 28/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
3014 sqft

Description

The Old Forge, a historical residence dating back to the 17th century, presents a unique renovation opportunity in the picturesque Warwickshire village of Brailes, located within the Cotswold Area of Outstanding Natural Beauty (AONB). Although habitable, this property requires comprehensive renovations, particularly the re-thatching of its roof and modernization throughout. The dwelling boasts high ceilings and numerous period features that could be restored to enhance its character. Set on over an acre of land, currently designed as a garden with mature trees and an orchard, there is potential for equestrian use or even glamping/tourism activities. Moreover, subject to planning permission, there may be an opportunity to construct an additional dwelling on the plot. Upon entry, you'll find yourself in a spacious entrance hall leading to a large reception room featuring an original stone inglenook fireplace and parquet flooring. There’s also a versatile snug or home office at the rear. A further reception area functions well as a dining room and showcases intricately carved beams and another inglenook fireplace. The adjacent kitchen needs modernization but benefits from separate access for convenience. The first floor accommodates four generously sized double bedrooms alongside a bathroom which likewise requires updates. An attic adds extra potential for conversion into additional living space or storage. Outside, the expansive garden is lined with mature fruit trees while a fenced paddock offers road access at its edge. Brailes boasts various local amenities including schools, shops, and dining options, with excellent transport links provided by nearby rail connections at Banbury and Moreton-in-Marsh, alongside easy access to the M40 motorway. This property not only holds significant potential for residential transformation but also for strategic investment in a desirable locale.

Investment Analysis

(OX15 area)

Below Market Value

This property is priced -52.8% below area average per sq ft

-52.8%
Potential saving
This Property
£182/sq ft
Area Average
£387/sq ft
Avg Rent (weekly)
£337
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£1,282,065
10% above area average per sq ft
Potential ROI
+97.2%
After renovation
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

Upper Brailes, Banbury, OX15
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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
£2,015
Based on a loan of £412,500 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