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Heather Close, Carterton - Image 1
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Heather Close, Carterton

South East

£220,000
Listed on 26/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
559 sqft

Description

This two-bedroom terraced house presents a valuable opportunity for renovation and investment. The layout includes an entrance hall that leads to a sitting/dining room with patio doors opening to the rear garden, enhancing natural light. The kitchen, while functional, could benefit from modern updates, featuring a stainless steel sink and gas cooker point, along with additional utility space available for enhancement. Upstairs, the property houses two bedrooms—one with built-in storage—and a bathroom that is dated but presents potential for modernization. Externally, a front garden borders the property and there is allocated driveway parking available. Given its condition requiring significant upgrades, this home offers an appealing project for buyers looking to create lasting value in a location that has seen growth due to nearby amenities and transport links.

Investment Analysis

(OX18 area)

Above Market Value

This property is priced +5.9% above area average per sq ft

+5.9%
This Property
£394/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£342
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£228,435
10% above area average per sq ft
Potential ROI
-6.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (OX18)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -3.6%
5 year growth: 11.8%
Investment Disclaimer: Analysis based on OX18 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

Heather Close, Carterton
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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
£806
Based on a loan of £165,000 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