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Cherry Tree Close, Grove, Wantage, OX12

South East

£400,000
Listed on 27/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
830 sqft

Description

This spacious three-bedroom detached bungalow, located in the tranquil area of 'Old Grove', presents a unique opportunity for those seeking a project with significant investment potential. Offered with no onward chain, this property is conveniently positioned near local shops and amenities, making it a practical choice for families or investors alike. The layout features an entrance hall leading to a generously proportioned living/dining room, equipped with a gas fire and direct access to the garden. The adjoining kitchen showcases a functional arrangement of base and eye-level units, with potential for modernisation. The three well-sized bedrooms, all featuring built-in storage, can comfortably accommodate double beds—ideal for renters or family living. A mainly tiled family bathroom includes a full-size shower, which could benefit from updates to meet contemporary standards. Externally, the bungalow boasts off-street parking via a paved driveway and side gate access to the rear garden—a notable feature offering expansive outdoor space facing west. This garden includes a large patio area for entertaining as well as lawn space framed by established shrubs. Additionally, there is a garage accessible from the garden. Some key info: Freehold tenure with gas central heating and standard utilities in place. Broadband options are available in the area, ensuring connectivity for modern needs. The location offers low flood risk status while being within easy reach of Wantage's array of services and excellent schooling options—a selling point for families or long-term tenants. With good transport links connecting to Oxford and London from nearby Didcot station, this property not only provides comfort but also considerable developmental potential that can be unlocked through thoughtful renovation.

Investment Analysis

(OX12 area)

Above Market Value

This property is priced +34.6% above area average per sq ft

+34.6%
This Property
£482/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£306
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£326,945
10% above area average per sq ft
Potential ROI
-25.7%
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 (OX12)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 0.0%
5 year growth: +8.3%
Investment Disclaimer: Analysis based on OX12 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

Cherry Tree Close, Grove, Wantage, OX12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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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