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The Avenue, Middleton Cheney, Banbury

South East

£290,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached three-bedroom house is situated in a thriving village known for its strong community spirit and an array of local amenities that cater to diverse needs. While the property requires comprehensive modernisation, it occupies a substantial plot with abundant outdoor space, presenting an excellent opportunity for those looking to invest. Potential buyers and renovators will appreciate the possibility of extending the existing structure or even exploring the development of a separate dwelling, subject to obtaining appropriate planning permissions. The two-storey layout features a double-aspect sitting room with a charming stone fireplace, a separate dining room connected to the kitchen, and practical spaces such as a rear lobby leading to both the lean-to and garden. The kitchen is equipped with plumbing for appliances and an electric cooker point. There are two comfortable double bedrooms, one single bedroom, and a bathroom fitted with essential amenities. The exterior boasts gardens on multiple sides along with accessible outbuildings. This property presents an exceptional canvas for new owners to create their ideal home in a well-connected area, with easy access to nearby Banbury for greater retail opportunities, while enjoying village life at its finest.

Investment Analysis

(OX17 area)
Area Average
£369/sq ft
Avg Rent (weekly)
£391
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
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

The Avenue, 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
£1,062
Based on a loan of £217,500 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