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A consented development opportunity in Denchworth

South East

£200,000
Listed on 03/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity for redevelopment, currently featuring existing stables set on a half-acre plot surrounded by mature trees. The approved plans allow for the replacement of these stables with a new two-bedroom dwelling, offering both parking and dedicated amenity space. Located within an attractive wooded area, this site benefits from planning permissions granted by the Vale of White Horse District Council. The relevant application (P21/V0419/FUL) was approved on April 7, 2021, allowing for the demolition of the current structures and construction of the new home. Additionally, all pre-commencement conditions regarding surface and foul water drainage have been successfully discharged, streamlining the path to development. Investors and developers will appreciate that there is no Community Infrastructure Levy (CIL) applicable since the new structure mirrors the scale of the existing building. Mains water is connected to the site, although overhead electricity supplies are nearby without prior connection. The property offers significant investment potential in a desirable location that could cater to both residential needs and lifestyle enhancements. An insurance policy covering restrictive covenants will be transferred with the sale at no additional cost, providing peace of mind during your development journey. For viewings or further inquiries regarding plans and approvals, access must be arranged through our agency during business hours. This is an excellent opportunity to create a modern living space in a tranquil setting while maximizing investment potential in an evolving community.

Investment Analysis

(OX12 area)
Area Average
£359/sq ft
Avg Rent (weekly)
£313
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (OX12)

Area prices are rising by +2.1% over the last 12 months
3 year growth: -0.3%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on OX12 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

A consented development opportunity in Denchworth
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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
£733
Based on a loan of £150,000 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