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Westminster Way, Banbury - Image 1
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Westminster Way, Banbury

South East

£279,950
Listed on 30/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
689 sqft

Description

This semi-detached house offers a prime opportunity for renovation enthusiasts looking to invest in a property with solid potential. Nestled on a quiet no-through road, the home is conveniently situated near the M40 and a railway station, making it ideal for commuters. The interior features three well-proportioned bedrooms and a living room that includes an Adam-style fireplace, providing a foundation for modern updates. The kitchen/diner has adequate space for reconfiguration, benefiting from existing units but ripe for contemporary redesign. With gas radiator heating and UPVC double glazing already in place, essential infrastructure is sound. Outside, the property boasts an enclosed rear garden ideal for landscaping improvements, alongside front gardens and a driveway leading to a garage with power and light. This home stands as a blank canvas awaiting your vision, ready to be enhanced through strategic updates.

Investment Analysis

(OX16 area)

Above Market Value

This property is priced +24.7% above area average per sq ft

+24.7%
This Property
£406/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£247,038
10% above area average per sq ft
Potential ROI
-19.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (OX16)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +3.1%
5 year growth: +9.4%
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

Westminster Way, Banbury
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£992
Based on a loan of £209,962 over 30 years at 3.91% 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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