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Dene Rise, Witney, OX28

South East

£450,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1258 sqft

Description

This detached bungalow presents a solid opportunity for those looking to invest in a property with renovation potential. The three-bedroom layout is functional, featuring two distinct reception areas and a conservatory that invites natural light and could serve as a versatile living space or an extension of the indoor area. Set in a location that allows for easy access to town center amenities, the property is ideally situated for convenience while being part of a quiet residential atmosphere. Its gardens mainly wrap around the front and side, offering outdoor space that can be enhanced further. With the right vision and any necessary planning permission, there is ample opportunity to expand the footprint of the home. The bungalow includes essential features such as gas central heating and double glazing, ensuring comfort throughout the seasons. The presence of a garage and driveway parking adds to its practicality, while additional storage adjacent to the garage provides extra utility. With mains services readily available and ultrafast broadband connectivity within reach, this property also meets modern living standards. Prospective buyers should note that properties built prior to 2000 may contain asbestos in construction materials; therefore, due diligence is advised. Overall, this bungalow offers not just a home but also considerable investment potential for those willing to undertake renovations.

Investment Analysis

(OX28 area)

Below Market Value

This property is priced -2.4% below area average per sq ft

-2.4%
Potential saving
This Property
£358/sq ft
Area Average
£366/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£507,094
10% above area average per sq ft
Potential ROI
-0.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (OX28)

Area prices are rising by +6.8% over the last 12 months
3 year growth: 3.7%
5 year growth: 19.9%
Investment Disclaimer: Analysis based on OX28 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

Dene Rise, Witney, OX28
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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
£1,648
Based on a loan of £337,500 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