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Spring Lane, Horspath, OX33

South East

£475,000
Listed on 22/06/2025

Property Details

Bedrooms
2
Type
Detached house
Area
825 sqft

Description

This charming detached bungalow features two bedrooms and is situated in a tranquil area of the sought-after village of Horspath. The property, available with no onward chain, occupies a generous plot that presents significant renovation and extension opportunities, pending planning approvals. Its well-kept mature rear garden provides a serene outdoor space, while additional amenities include a private driveway and garage. Horspath is known for its inviting community atmosphere, located just 4 miles east of Oxford city center. The village combines the benefits of countryside living with convenient access to urban amenities. Local highlights include the historic 12th-century Church of St Giles, alongside a local shop and two pubs that add to the village charm. Accessibility is enhanced by the hourly bus service connecting to Oxford via Cowley and Wheatley, along with easy access to major roadways such as the M40 and A40. For rail travel, Oxford Railway Station is under 4 miles away, offering regular connections to London Paddington as well as Heathrow and Gatwick airports. The area boasts several notable employers including the University of Oxford, Oxford Brookes University, and the BMW/Mini factory in Cowley. Additionally, those who enjoy outdoor activities will appreciate Shotover Country Park located nearby, providing extensive trails for walking and cycling amidst beautiful natural surroundings. With its combination of location advantages and potential for development, this property represents an appealing investment opportunity in a desirable community setting.

Investment Analysis

(OX33 area)

Above Market Value

This property is priced +26.3% above area average per sq ft

+26.3%
This Property
£576/sq ft
Area Average
£456/sq ft

Renovation Potential

Est. Renovation Cost
£47,500 - £118,750
10-25% of property value
Target Value
£413,820
10% above area average per sq ft
Potential ROI
-30.3%
After renovation
Monthly Sales
5
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (OX33)

Area prices are falling by +6.1% over the last 12 months
3 year growth: -9.2%
5 year growth: 7.6%
Investment Disclaimer: Analysis based on OX33 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

Spring Lane, Horspath, OX33
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