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Queen Street, Middleton Cheney, Banbury

South East

£279,950
Listed on 22/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
790 sqft

Description

This semi-detached bungalow presents an opportunity for renovation in a quiet, tucked-away location within the charming village of Middleton Cheney. Known for its vibrant community spirit and robust amenities, the village is one of the largest in West Northamptonshire, offering a range of facilities typically found in larger towns. Residents can take advantage of local shops, a library, a pharmacy, and several pubs, along with access to recreational activities at the village hall and nearby sports ground. The property itself offers considerable potential for improvement and modernization. Its layout includes two bedrooms: a spacious main double bedroom with front-facing windows and a second versatile room that can accommodate either a large single or small double bed. The sitting room features a front window and a fitted gas fire, creating a cozy atmosphere. A practical kitchen with an enamel sink unit opens up to both a built-in pantry and the rear garden. One of the key advantages of this bungalow is its off-road parking space for one or two vehicles, along with an attached garage accessible via an up-and-over door. The surrounding area boasts minimal traffic due to its position at the end of a no-through road, enhancing privacy and tranquility. The private rear garden is set up with a patio area and lawn, providing an inviting outdoor space that could be transformed with some creative landscaping. While currently lacking central heating, all essential mains services are connected, allowing for various renovation possibilities tailored to individual preferences. Middleton Cheney's strategic location promises easy access to Banbury for more extensive shopping options as well as convenient transport links to London Marylebone, Oxford, and Birmingham via regular rail services. With ongoing development in nearby towns like Brackley enhancing local amenities further, this property stands as an attractive investment prospect for those looking to create their ideal living space or capitalize on the area's growth potential.

Investment Analysis

(OX17 area)

Below Market Value

This property is priced -4.0% below area average per sq ft

-4.0%
Potential saving
This Property
£354/sq ft
Area Average
£369/sq ft
Avg Rent (weekly)
£391
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£320,704
10% above area average per sq ft
Potential ROI
-2.8%
After renovation
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

Queen Street, Middleton Cheney, 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
£1,026
Based on a loan of £209,962 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