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Wychwood Gardens, Banbury

South East

£495,000
Listed on 03/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This detached four-bedroom home is situated on a spacious plot in a desirable cul-de-sac location on the western edge of Banbury, offering a fantastic opportunity for renovation and investment. The property features an inviting entrance porch that leads into a bright hallway with stairs to the first floor and access to a practical store cupboard. The ground floor comprises a well-sized living room with front-facing windows and side patio doors that enhance the natural light. Adjacent to the living room is a separate dining room, providing options for entertaining or family gatherings. The kitchen/breakfast room is complete with ample cabinetry, work surfaces, and plumbing for appliances, making it a functional space ready for updates that could enhance its modern appeal. Upstairs, the property's four bedrooms offer generous proportions, with two double bedrooms equipped with fitted wardrobes. A third bedroom includes an en-suite shower cubicle, while the fourth bedroom overlooks the rear garden, presenting potential for customization to suit varying needs. The recently remodeled bathroom adds contemporary functionality but could still benefit from additional enhancements. The outdoor areas feature a front and rear garden, both enclosed by fencing and adorned with mature trees. The sizable plot offers multiple opportunities for landscaping or extensions—subject to planning permission—allowing future owners to make it their own or increase its value significantly. Parking is made easy by the tarmac driveway leading to a single garage, which benefits from light and power connections. This property comes without onward chain complications, making it an attractive consideration for those looking to invest in Banbury's thriving real estate market. Its location provides easy access to local amenities while maintaining a tranquil residential atmosphere—a perfect backdrop for your vision of transformation.

Investment Analysis

(OX16 area)
Area Average
£321/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (OX16)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 7.3%
5 year growth: 14.8%
Investment Disclaimer: Analysis based on OX16 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

Wychwood Gardens, 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
£1,813
Based on a loan of £371,250 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