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Folly View Road, Faringdon, Oxfordshire - Image 1
Folly View Road, Faringdon, Oxfordshire - Image 2
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Folly View Road, Faringdon, Oxfordshire

South West

£275,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1002 sqft

Description

This detached bungalow presents a unique opportunity for renovation or redevelopment, making it an ideal prospect for investors, developers, or those looking to create their dream home. Nestled on a spacious plot, the property offers ample space for potential enhancements such as extensions or a loft conversion, pending the necessary planning approvals. Located in the charming village of Farringdon, this property benefits from convenient access to nearby towns like Abingdon and Swindon via the A420. This prime location not only enhances its appeal but also positions it within reach of essential amenities and services that cater to everyday needs. The bungalow's current layout includes three bedrooms, providing a solid foundation for improvements or redesigning the interior layout to better match contemporary living standards. With creativity and effort, there is significant potential to add value through thoughtful upgrades. As a freehold property with vacant possession, this bungalow offers flexibility for owner-occupiers and investors alike. The area is characterized by its community spirit and accessibility, making it an attractive option for families or individuals seeking a project with promising returns. Overall, this property stands out as a canvas ready for transformation, inviting prospective buyers to envision its future potential in one of the region’s more desirable locations.

Investment Analysis

(SN7 area)

Below Market Value

This property is priced -22.4% below area average per sq ft

-22.4%
Potential saving
This Property
£274/sq ft
Area Average
£354/sq ft
Avg Rent (weekly)
£308
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£27,500 - £68,750
10-25% of property value
Target Value
£389,628
10% above area average per sq ft
Potential ROI
+13.3%
After renovation
Monthly Sales
14
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SN7)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -3.8%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on SN7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Folly View Road, Faringdon, Oxfordshire
Map showing location of Folly View Road, Faringdon, Oxfordshire
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