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Elderfield Road, Bicester, Oxfordshire, OX27

South East

£450,000
Listed on 27/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1659 sqft

Description

This spacious four-bedroom, two-bathroom family home is set in a desirable area of Caversfield, offering a wealth of potential for renovation and expansion (pending necessary planning approvals). The property is well-positioned on a generous plot that not only provides ample driveway parking and an integral double garage but also offers significant opportunities for further development. Upon entering, you'll find a welcoming hallway leading to a modern kitchen equipped with ample storage and worktop space, which flows directly into the garden, ideal for family gatherings and outdoor entertaining. The light-filled sitting room features elegant wooden flooring and a fireplace, seamlessly connecting to the dining area that overlooks the lush rear garden through double doors. The first floor houses four well-sized bedrooms that are tastefully decorated, along with a contemporary family bathroom that includes both a shower and separate WC facilities. This versatile layout accommodates various living arrangements, catering to families or those needing office space at home. The outdoor space is particularly advantageous; the rear garden is mostly lawned and offers privacy—making it perfect for children’s play or summer barbecues. Notably, the plot's size opens avenues for substantial enhancements such as extensions or reconfigurations (subject to planning permissions), setting this property apart from others in the vicinity. Additionally, features like double glazing and gas central heating provide comfort while you consider your options for adding value in the future. There is even potential to reintroduce access from the hallway to the living room if desired by future occupants.

Investment Analysis

(OX27 area)

Below Market Value

This property is priced -29.8% below area average per sq ft

-29.8%
Potential saving
This Property
£271/sq ft
Area Average
£386/sq ft
Avg Rent (weekly)
£437
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£704,868
10% above area average per sq ft
Potential ROI
+41.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (OX27)

Area prices are falling by -10.1% over the last 12 months
3 year growth: -3.6%
5 year growth: -4.8%
Investment Disclaimer: Analysis based on OX27 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

Elderfield Road, Bicester, Oxfordshire, OX27
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,605
Based on a loan of £337,500 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.

Stamp Duty Calculator

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