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High Furlong, Banbury

South East

£170,000
Listed on 13/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
961 sqft

Description

This two-bedroom mid-terrace property, located in the established Ruscote district of Banbury, presents a fantastic opportunity for those looking to invest in a renovation project. With no onward chain, this home is ideal for first-time buyers and investors eager to enhance its value. The layout features a welcoming entrance hall leading to a spacious living room at the front, complemented by a kitchen that opens onto an enclosed rear garden — perfect for future landscaping. The upper floor comprises two generously sized bedrooms along with a family bathroom, all requiring modernisation but offering solid potential for improvement. The rear garden can be transformed into an inviting outdoor space suitable for various uses. Nearby communal parking further adds to the property's appeal.

Investment Analysis

(OX16 area)

Below Market Value

This property is priced -45.7% below area average per sq ft

-45.7%
Potential saving
This Property
£177/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£344,615
10% above area average per sq ft
Potential ROI
+81.4%
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

High Furlong, 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
£613
Based on a loan of £127,500 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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