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Hillview Crescent, Banbury

South East

£285,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1356 sqft

Description

This three-bedroom semi-detached house presents an opportunity for those looking to invest in a property that requires modernization. Nestled close to essential amenities, including local shops and a primary school, the home is ideally situated for families or individuals seeking convenience. The strategic location of Banbury, just two miles from Junction 11 of the M40, makes it an appealing option for commuters. With direct train services to London Marylebone and Birmingham Snow Hill both taking approximately 55 minutes, residents benefit from easy access to major urban centers. Additionally, the beautiful surrounding countryside and nearby historical sites offer a pleasant balance of rural charm and cultural exploration. The property's layout includes an entrance hall leading to a living room that connects to a spacious dining area, providing versatility for reconfiguration during renovation. The kitchen is equipped with base and wall-mounted units, along with plumbing provisions for modern appliances such as dishwashers and washing machines. Adjacent is a conservatory that opens up to the rear garden, adding potential for year-round indoor-outdoor living. On the first floor, the master bedroom features an ensuite wet room, while two additional bedrooms provide ample space for family or guests. The family bathroom includes essential fixtures but offers potential for updates according to personal style preferences. Outside, the low-maintenance block-paved rear garden invites ideas for landscaping or alternative uses. The garage has been repurposed into two storerooms—one of which includes a sink—offering flexibility depending on your needs. Driveway parking at the front and shared access along the side further enhance convenience. All mains services are connected, with a gas boiler located conveniently in the understairs cupboard. The property falls under Cherwell District Council's jurisdiction with council tax band C. This home not only offers comfortable living but also presents significant renovation potential for investors looking to add value through upgrades tailored to modern tastes.

Investment Analysis

(OX16 area)

Below Market Value

This property is priced -34.4% below area average per sq ft

-34.4%
Potential saving
This Property
£210/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£478,058
10% above area average per sq ft
Potential ROI
+47.1%
After renovation
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

Hillview Crescent, 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
£1,044
Based on a loan of £213,750 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