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Arden Close, Drayton

South East

£325,000
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
955 sqft

Description

This semi-detached house, characterized by its stone front and set on a generously sized plot, presents a unique opportunity for renovation and investment. The property offers significant potential for extensions, subject to obtaining the necessary planning permissions, making it an appealing option for those looking to customize their living space or maximize rental returns. Upon entering, you are greeted by an entrance hall that leads into a spacious living room featuring laminate flooring and an exposed chimney breast. This space benefits from a front-facing double-glazed window and includes practical storage beneath the stairs housing the oil-fired boiler. Double doors connect the living room to the kitchen, which is equipped with a stainless steel sink, a range of wall and base units, and tiled flooring. An adjoining utility area provides plumbing for laundry appliances and additional storage options. A conservatory with double-glazed doors opens up to the expansive garden, enhancing the flow of natural light throughout. The first floor hosts two well-proportioned bedrooms along with a bathroom that was previously used as a bedroom. The bathroom features modern fixtures including a corner bath with shower attachment and an inset vanity unit. Access to the loft is also available from the main landing. Externally, the rear garden is enclosed by fencing and hedgerows, predominantly laid to lawn with flower beds adding color throughout the seasons. A large timber workshop equipped with power supply adds further utility to this outdoor space. The garden measures approximately 100 feet in length and 40 feet in width, providing ample room for landscaping or outdoor amenities. Additionally, there is convenient access via a side wooden gate. The property also boasts a tarmac driveway offering off-road parking for several vehicles alongside a shingle front garden with storage for the oil tank. Situated in Drayton, a charming village in North Oxfordshire known for its historic ironstone cottages, this location combines rural tranquility with accessible amenities. Local offerings include a public house and village hall, while more extensive services can be found in nearby Wroxton or within easy reach in Banbury and Chipping Norton. Excellent transport links via the M40 (just 2.8 miles away) facilitate quick access to Oxford, London, and Birmingham. Families will appreciate the proximity to quality educational facilities including North Oxfordshire Academy within walking distance. This property not only accommodates comfortable living but also invites further development possibilities in a desirable village setting—an excellent prospect for both homebuyers and investors alike.

Investment Analysis

(OX15 area)

Below Market Value

This property is priced -12.0% below area average per sq ft

-12.0%
Potential saving
This Property
£340/sq ft
Area Average
£387/sq ft
Avg Rent (weekly)
£337
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£406,228
10% above area average per sq ft
Potential ROI
+11.3%
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

Arden Close, Drayton
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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
£1,191
Based on a loan of £243,750 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