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Lime Avenue, Banbury

South East

£305,000
Listed on 02/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
435 sqft

Description

This semi-detached three-bedroom home presents a solid opportunity for renovation, situated conveniently close to local amenities including shops and transport links. The property features a welcoming entrance hallway that leads to two reception rooms, providing a versatile layout suitable for family living or potential reconfiguration. The kitchen, while functional, offers scope for modernisation. A downstairs cloakroom and utility space enhance practicality. Upstairs, the three well-sized bedrooms feature original fireplaces and ample natural light from double-glazed windows. Currently set up as a wet room, the bathroom could be transformed into a more conventional layout or upgraded entirely. The south-facing rear garden offers generous space for outdoor activities and potential landscaping improvements, while the driveway and garage add further value and convenience. Importantly, this property comes with no onward chain and displays significant potential for extension and modifications (subject to planning permissions), making it an attractive investment prospect in the current market.

Investment Analysis

(OX16 area)

Above Market Value

This property is priced +115.1% above area average per sq ft

+115.1%
This Property
£701/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£155,991
10% above area average per sq ft
Potential ROI
-54.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (OX16)

Area prices are stable by +0.1% over the last 12 months
3 year growth: +2.8%
5 year growth: +10.2%
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

Lime Avenue, 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
£1,100
Based on a loan of £228,750 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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