Webb Close, Banbury

South East

£145,000

Listed on 20/04/2026

Property Details

Bedrooms

Type

Terraced

Area

457 sqft

Description

This one-bedroom house, situated in the desirable Grimsbury area of Banbury, presents an excellent opportunity for those interested in a renovation project. While the property is currently in need of modernisation throughout, it allows future owners to tailor and elevate the space to their personal style and specifications. The home's two-floor layout is practical and aligns with other properties in this well-established neighborhood. Conveniently located, residents will find essential amenities, schools, and transport links within easy reach, including proximity to Banbury town centre and the mainline railway station—ideal for commuters. This property is competitively priced to reflect its condition and offers substantial potential for value enhancement in a sought-after area.

Investment Analysis

(OX16 area)

Below Market Value

This property is priced -2.7% below area average per sq ft

-2.7%

Potential saving

This Property

£317/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

£163,855

10% above area average per sq ft

Potential ROI

-3.6%

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

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

Webb Close, Banbury

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Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments

£514

Based on a loan of £108,750 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.