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Bicester, Oxfordshire, OX26

South East

£450,000
Listed on 03/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1362 sqft

Description

This detached bungalow, located in the established Kings Meadow estate, presents a promising opportunity for renovation and investment. Set on a generous plot, the property offers ample space for potential expansion or modernization, subject to the necessary planning permissions. The inclusion of a garage and separate W.C. adds to the functional appeal of this home. The surrounding area is well-served by local amenities, including a Tesco Local, various takeaways, and the West Bicester Community Centre. Residents benefit from nearby parks and social venues such as The Shakespeare pub, making it an inviting community. Educational institutions like Kings Meadow Primary School, The Bicester School, and Bicester Technology Studio enhance the appeal for families looking to settle in a conducive environment. Conveniently positioned about 1.7 miles from Bicester town centre, the property grants easy access to a diverse array of shops and dining options. The Pioneer Square development further enriches local offerings with its cinema and Sainsbury's superstore. Commuters will find connectivity advantageous with Bicester North station approximately 2 miles away, linking to the Chiltern Railways service towards Birmingham and London Marylebone, while Bicester Village station is slightly closer at around 2.1 miles. With its solid structure and strategic location, this property is ripe for transformation into a modern dwelling that reflects contemporary living standards while benefiting from its community-centric locale.

Investment Analysis

(OX26 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£330/sq ft
Area Average
£390/sq ft
Avg Rent (weekly)
£318
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£584,598
10% above area average per sq ft
Potential ROI
+24.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (OX26)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -6.2%
5 year growth: 6.6%
Investment Disclaimer: Analysis based on OX26 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

Bicester, Oxfordshire, OX26
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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
£1,648
Based on a loan of £337,500 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