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London Street, Faringdon, SN7

South West

£600,000
Listed on 06/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2282 sqft

Description

This Grade II Listed detached townhouse offers a significant opportunity for renovation and investment in the historic market town of Faringdon, Oxfordshire. Nestled in a prime location, the property is just a short stroll from the bustling Market Place, local shops, and well-regarded schools, enhancing its appeal for families and investors alike. With five spacious double bedrooms and multiple reception areas, the layout provides ample room for flexible living arrangements. The kitchen/breakfast room is generous in size, while the family bathroom, convenient downstairs w/c, and utility room add to the practicality of the home. Despite its historical charm, characterized by original features such as large sash windows and fireplaces, the property is in need of modernisation throughout. This presents a unique chance to design a personalized family home or to capitalize on rental potential by upgrading the space. Externally, the property includes a gated driveway with parking for two vehicles and a rear garden that wraps around the house. The outdoor area primarily features lawn space alongside a sizable paved patio—ideal for al fresco dining or entertaining guests. A storage shed adds functional convenience to this outdoor setting. The freehold property connects to mains gas, electricity, water, and drainage systems. Its strategic position on the A420 ensures easy access to both Swindon and Oxford while providing straightforward connections to major roadways like the A34, M40, and M4. Public transport options are plentiful with mainline railway services available from nearby stations as well as regular bus services connecting Faringdon to surrounding towns. Faringdon itself boasts a vibrant community atmosphere with various amenities including leisure facilities, independent shops, healthcare services, primary schools, and a secondary school. The town also holds distinction as the first Fairtrade town in Southeast England since 2004. Recent developments have added convenience with new retail locations such as Waitrose and Aldi alongside existing options like Tesco. This property stands out not only for its character but also for its potential—perfect for those looking to invest in an area rich with history and community spirit. Viewing is essential to appreciate fully what this home has to offer.

Investment Analysis

(SN7 area)

Below Market Value

This property is priced -25.6% below area average per sq ft

-25.6%
Potential saving
This Property
£263/sq ft
Area Average
£354/sq ft
Avg Rent (weekly)
£308
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£60,000 - £150,000
10-25% of property value
Target Value
£887,356
10% above area average per sq ft
Potential ROI
+18.3%
After renovation
Monthly Sales
14
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SN7)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -3.8%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on SN7 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

London Street, Faringdon, SN7
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