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Edmunds Road, Banbury

South East

£245,000
Listed on 27/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1048 sqft

Description

This three-bedroom semi-detached house presents a promising opportunity for investors or those looking to create a bespoke family home. Set within a larger-than-average plot, the property is perfectly positioned just two miles from Junction 11 of the M40, providing excellent access to Oxford, Birmingham, and London. The surrounding area boasts attractive countryside and historical attractions, enhancing its appeal. The house features well-proportioned living spaces spread over two floors but requires full modernisation to unlock its potential. The layout includes a welcoming hall leading into a front-facing living room, an open-plan kitchen/dining area with access to a garage—a versatile space that could function as additional utility or workshop space. On the first floor, you’ll find two double bedrooms alongside a single bedroom, accompanied by a bathroom and separate WC. The substantial gardens offer both front and rear outdoor areas with southwesterly aspects; however, they will require care and attention. Off-road parking for two vehicles adds to the convenience of this property. With mains drainage, electricity and gas connections in place—though the current heating relies on electric night storage—and an existing non-functional gas fire in the sitting room, there are opportunities for upgrades throughout. This property is also notable for its steel-framed construction—a factor worthy of consideration in any renovation plans.

Investment Analysis

(OX16 area)

Below Market Value

This property is priced -27.8% below area average per sq ft

-27.8%
Potential saving
This Property
£234/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£373,277
10% above area average per sq ft
Potential ROI
+31.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (OX16)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +4.6%
5 year growth: +12.3%
Investment Disclaimer: Analysis based on OX16 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

Edmunds Road, Banbury
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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
£884
Based on a loan of £183,750 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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