Banbury, Oxfordshire, OX16

South East

£170,000

Listed on 10/04/2026

Property Details

Bedrooms

Type

Terraced

Area

764 sqft

Description

This three-storey, two-bedroom terraced house on Broughton Road in Banbury represents a promising investment opportunity for those looking to enhance property value through renovation. Currently requiring comprehensive internal modernisation, the premises hold potential for transformation to meet contemporary living standards. Given the vibrant market in Banbury, with strong transport links including a mainline railway to London and Birmingham, this property is well-positioned for future rental or resale prospects. The surrounding area benefits from a range of amenities, schools, and green spaces, making it an attractive choice for prospective tenants or buyers. This project is ideal for investors wishing to fully refurbish the space and create a home that aligns with current market demands.

Investment Analysis

(OX16 area)

Below Market Value

This property is priced -31.8% below area average per sq ft

-31.8%

Potential saving

This Property

£223/sq ft

Area Average

£326/sq ft

Avg Rent (weekly)

£262

Avg Yield

4.4%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£30,000 - £50,000

Target Value

£274,265

10% above area average per sq ft

Potential ROI

+24.7%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

12%

Properties sold annually

Local Market Trend (OX16)

Area prices are falling by -2.8% over the last 12 months

3 year growth: +0.5%

5 year growth: +6.9%

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

Banbury, Oxfordshire, OX16

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments

£607

Based on a loan of £127,500 over 30 years at 3.97% 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.