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Spring Lane, Little Bourton, Banbury - Image 1
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Spring Lane, Little Bourton, Banbury

South East

£190,000
Listed on 30/11/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached cottage is positioned in a serene lane on the outskirts of Little Bourton, approximately two miles from Banbury. The property presents a valuable opportunity for renovation, situated in a village that offers several local amenities including schools, pubs, and shops. While the cottage requires modernisation, it features classic elements such as exposed beams and a stone fireplace in the living area that could be restored to enhance its charm. The kitchen/breakfast room includes necessary plumbing and basic storage units, while upstairs are two bedrooms with front-facing windows and a bathroom fitted with an older suite. A lawned garden lies across the lane alongside a stone-built garage equipped with power, as well as a rundown workshop/shed which may offer potential for redevelopment subject to planning permission. All mains services are connected except gas, and with no upward chain involved, this property invites prospective buyers to explore its full potential. Significant upgrades are needed to improve energy efficiency as indicated by an Energy Rating of F, making this an ideal project for both homeowners and investors looking to capitalise on property value appreciation in the area.

Investment Analysis

(OX17 area)
Area Average
£369/sq ft
Avg Rent (weekly)
£391
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (OX17)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -6.8%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on OX17 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

Spring Lane, Little Bourton, 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
£696
Based on a loan of £142,500 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