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Chancel Way, Marcham, OX13

South East

£535,000
Listed on 03/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1170 sqft

Description

Nestled in a tranquil cul-de-sac within the charming village of Marcham, this four-bedroom residence presents an inviting canvas for renovation and personal customization. The property's well-conceived layout offers ample space for a family, while also providing significant potential for those looking to enhance its features and value. The main living areas comprise a spacious sitting room with dual aspect windows, which fills the space with natural light, making it ideal for both relaxation and entertaining. A separate dining room complements this area, ensuring flexibility in how you choose to utilize these spaces. The kitchen provides direct access to the garden, offering opportunities for outdoor dining or gardening enthusiasts looking to create their own private oasis. Upstairs, you'll find four generously-sized bedrooms that can accommodate various needs—whether it's family living, home office requirements, or hobby spaces. The family bathroom is conveniently located nearby. Additional practicalities include a single garage and driveway capable of accommodating multiple vehicles. The mature garden surrounding the property offers plentiful outdoor space for recreation or relaxation. With some thoughtful updates and renovations, this backyard has the potential to become a beautiful retreat. In terms of location, Marcham benefits from its picturesque surroundings while still being accessible to local amenities and transport links. This property holds strong investment potential; with the right vision and updates, it could significantly increase in value over time. Key features include mains gas, electricity, water, and drainage services connected to the property. Gas central heating ensures comfort throughout the year. Additionally, superfast broadband options are available here, appealing to modern connectivity needs. Prospective buyers should also be aware of typical considerations associated with older properties built prior to 2000 regarding building materials. Careful examination during renovations will help ensure safety and compliance with current standards. Overall, this property represents an excellent opportunity for those eager to invest in a home with significant character and tremendous potential in a sought-after location.

Investment Analysis

(OX13 area)

Above Market Value

This property is priced +13.2% above area average per sq ft

+13.2%
This Property
£457/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£548
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£519,819
10% above area average per sq ft
Potential ROI
-9.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (OX13)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -12.0%
5 year growth: 8.2%
Investment Disclaimer: Analysis based on OX13 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

Chancel Way, Marcham, OX13
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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
£1,960
Based on a loan of £401,250 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