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Shotteswell, Banbury, Warwickshire

South East

£215,000
Listed on 28/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
635 sqft

Description

This detached single-story residence, built in the early 20th century, is located on a tranquil lane within a picturesque ironstone village. Although the property has been well-maintained during its tenure as a rental, it presents a significant opportunity for renovation and enhancement. The interior features a spacious double-aspect sitting room with an inviting tiled open fireplace, perfect for creating a cozy atmosphere. The kitchen is equipped with wall and floor cabinets, a double stainless-steel sink, and essential appliances including an oven and hob with an extractor fan. An adjoining garden or breakfast room provides direct access to the outdoor space. The main bedroom boasts fitted wall cupboards and a charming cast iron fireplace, while the second bedroom serves as a generous single room. Outside, the primarily front-facing garden offers potential for reimagining landscaping and tidying up existing elements like fuchsia plants, an apple tree, and roses. The property features tandem off-road parking for two vehicles and allows side access to a private rear lawn garden, bordered by hedging that enhances privacy. Situated in Shotteswell—a lovely village in North Oxfordshire—residents enjoy easy access to local amenities in nearby Banbury, approximately two miles away. In addition to this proximity to services like mini-supermarkets, the area benefits from excellent connectivity via the M40 motorway and convenient train links to London Marylebone. With mains electricity, drainage, and water already connected, this property holds substantial investment potential for those looking to modernize and improve living spaces or enhance outdoor areas. It is being offered freehold with vacant possession upon completion—an ideal foundation for buyers seeking either a personal residence or an investment opportunity in a peaceful village setting.

Investment Analysis

(OX17 area)

Below Market Value

This property is priced -8.3% below area average per sq ft

-8.3%
Potential saving
This Property
£339/sq ft
Area Average
£369/sq ft
Avg Rent (weekly)
£391
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £12,000
Target Value
£257,781
10% above area average per sq ft
Potential ROI
+13.6%
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

Shotteswell, Banbury, Warwickshire
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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
£788
Based on a loan of £161,250 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