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Birchwood, Banbury, OX16

South East

£475,000
Listed on 03/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This spacious four-bedroom detached home, nestled in the desirable Birchwood area of Cherwell Heights, presents a unique opportunity for those looking to invest in a property with considerable renovation potential. The home has been well-maintained, providing a solid foundation for future enhancements or extensions, subject to the necessary planning permissions. The interior features bright and generously sized living areas that are both inviting and functional. While the current layout is livable as is, there’s ample opportunity for modernization and personalization to create your ideal family space. The possibility of expanding the home allows for versatility to accommodate changing needs over time. Outside, the south-facing garden offers a sun-soaked outdoor retreat, perfect for gardening enthusiasts or families seeking outdoor play space. Additional practical amenities include a garage and a private driveway, which enhance convenience. Location-wise, this property stands out due to its proximity to reputable primary and secondary schools within walking distance, making it an appealing choice for families. A range of everyday conveniences such as supermarkets, healthcare facilities, and recreational areas are also easily accessible. Nature lovers will appreciate nearby countryside walks that offer an escape into nature without straying far from home. This offering is particularly noteworthy as properties in this sought-after area rarely become available, underscoring its potential as both a comfortable residence and an investment opportunity. With no onward chain involved in the sale process, you may find yourself settling in sooner than expected while exploring ways to enhance this home’s value in the future.

Investment Analysis

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

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Birchwood, Banbury, OX16
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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
£1,740
Based on a loan of £356,250 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE