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Lockway, Drayton, OX14

South East

£399,950
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1141 sqft

Description

This spacious three-bedroom semi-detached home is located in the picturesque village of Drayton, offering expansive views of surrounding fields. The ground floor features a generously sized lounge that presents an opportunity for modernisation, alongside a well-appointed kitchen with ample workspace and storage that flows into the dining area, making it ideal for open-plan living. A conservatory at the rear enhances natural light and provides access to a large, west-facing garden – perfect for potential landscaping or outdoor projects. Upstairs, there are three well-proportioned bedrooms; two comfortable doubles and a larger than average single, complemented by a stylish family bathroom that could benefit from updates. Externally, the property boasts substantial off-road parking for multiple vehicles along with a carport, plus a garage that offers additional storage options. The extensive garden is laid to lawn with a patio area and overlooks scenic fields, presenting possibilities for enhancement or further development. Situated just two miles from Abingdon-on-Thames and its variety of shops and eateries, Drayton itself provides essential amenities including convenience stores and local dining options. Convenient transport links to major routes and nearby railway stations add to its appeal as an investment opportunity in an attractive village setting.

Investment Analysis

(OX14 area)

Below Market Value

This property is priced -13.7% below area average per sq ft

-13.7%
Potential saving
This Property
£351/sq ft
Area Average
£406/sq ft
Avg Rent (weekly)
£333
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£510,010
10% above area average per sq ft
Potential ROI
+15.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (OX14)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -3.0%
5 year growth: +9.8%
Investment Disclaimer: Analysis based on OX14 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

Lockway, Drayton, OX14
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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
£1,442
Based on a loan of £299,962 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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