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Ruscote Avenue, Banbury - no upward chain - Image 1
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Ruscote Avenue, Banbury - no upward chain

South East

£225,000
Listed on 18/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced house presents an exciting opportunity for renovation enthusiasts or investors looking to enhance property value. The home features a spacious rear garden, accessible via a shared driveway leading to a garage. Its strategic location just two miles from Junction 11 of the M40 allows for easy commuting to major cities including Oxford, Birmingham, and London. The property is situated within walking distance of local amenities and is surrounded by picturesque countryside and historical sites. The residence itself is a traditional brick-built structure dating back to the interwar period, requiring comprehensive updating to unlock its full potential. Inside, you'll find a sitting room with a charming bay window and gas fire, alongside a dining room that overlooks the expansive garden. The galley kitchen includes essential fittings and plumbing for modern appliances, while the three bedrooms—two doubles and a single—offer ample space for family living. The bathroom contains basic amenities but could benefit from contemporary styling. Although currently in need of cosmetic improvements throughout, this property has significant investment potential to create a modern family home in a desirable area. Additional features include off-street parking via rear access and various outdoor spaces like terraces, lawns, fruit trees, patio areas, greenhouses, and sheds which further enhance its appeal.

Investment Analysis

(OX16 area)
Area Average
£326/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Ruscote Avenue, Banbury - no upward chain
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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
£797
Based on a loan of £168,750 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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