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Hook Norton, Oxfordshire

South East

£1,500,000
Listed on 26/10/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
9939 sqft

Description

This unique property presents a noteworthy opportunity for renovation and investment, with approved planning consent to transform the existing portal-framed farm buildings into seven distinct residential units. Each unit is designed to feature its own garden space and parking, catering to the needs of future residents looking for a blend of rural charm and modern amenities. Perched in an elevated position on Oatley Hill, the site offers stunning views over Hook Norton and the picturesque Oxfordshire countryside, enhancing its appeal for potential homeowners or renters. The surrounding area boasts a tranquil setting while providing convenient access to local amenities and transport links. The thoughtfully designed plans maximize the flexible layout of the current structures, allowing for open-plan living spaces that are bathed in natural light—ideal for contemporary family life. With planning permission granted by Cherwell District Council on October 11, 2024, this project is primed for execution under application number 24/02178/Q56. There is also potential for additional land acquisition through separate negotiation, further expanding development possibilities. This property not only offers immediate renovation potential but also promises long-term value in a desirable location.

Investment Analysis

(OX15 area)

Below Market Value

This property is priced -61.0% below area average per sq ft

-61.0%
Potential saving
This Property
£151/sq ft
Area Average
£387/sq ft
Avg Rent (weekly)
£337
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,000,000 - £1,300,000
Target Value
£4,227,752
10% above area average per sq ft
Potential ROI
+51.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (OX15)

Area prices are rising by +3.1% over the last 12 months
3 year growth: -7.7%
5 year growth: 9.7%
Investment Disclaimer: Analysis based on OX15 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

Hook Norton, Oxfordshire
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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
£5,495
Based on a loan of £1,125,000 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