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Farmfield Road, Banbury

South East

£275,000
Listed on 14/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
947 sqft

Description

This three-bedroom semi-detached home, nestled in the desirable Easington area of Banbury, presents a unique opportunity for renovators and investors. Built in the 1930s, the property combines original charm with considerable potential for transformation into a modern family residence. Inside, the layout includes two spacious reception areas: a dining room with an original corner fireplace and a living room featuring a brick-surround fireplace and built-in cupboards. The kitchen, equipped with base and eye-level units, leads to a conservatory that invites natural light and offers views of the expansive garden. Upstairs, you'll find three bedrooms—two generous doubles and a single—accompanied by a family bathroom complete with essential amenities. The standout feature of this property is its generous south-facing garden, measuring approximately 105 feet, providing ample space for landscaping or outdoor entertaining. Mature trees and shrubs add to its appeal, while the side access ensures convenience for any future projects. Additionally, off-road parking for one vehicle is currently available at the front, with possibilities to expand this area through reconfiguration. It’s important to note that the home requires full renovation throughout, allowing you to fully customize it to your specifications. Currently, there is no gas supply; heating is provided by night storage heaters. This blank canvas is ideal for those looking to invest or create a personalized living space in a sought-after location. This property offers not just a home but also an investment opportunity in an area known for its residential appeal. With no onward chain, you can move forward swiftly on your renovation plans.

Investment Analysis

(OX16 area)

Below Market Value

This property is priced -9.4% below area average per sq ft

-9.4%
Potential saving
This Property
£290/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£333,865
10% above area average per sq ft
Potential ROI
-8.5%
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

Farmfield Road, 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
£1,007
Based on a loan of £206,250 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