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St Marys Road, Adderbury

South East

£485,000
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1054 sqft

Description

This detached bungalow is situated on a generous plot within a desirable cul-de-sac at the edge of the well-appointed village of Adderbury. The property features two bedrooms and offers substantial potential for renovation or expansion, making it an excellent investment opportunity. Upon entering, you are welcomed into a spacious entrance hall, which provides access to several key areas of the home, including the loft—an inviting space that could be transformed into additional living area with the appropriate planning permissions. A newly installed gas combination boiler is housed in the loft, ensuring efficient heating and hot water. The living room is bright and airy, featuring a cozy fireplace with an inset electric fire and large double-glazed windows that allow for plenty of natural light. The kitchen includes practical elements such as stainless steel fittings and ample oak fronted cabinetry, while also providing views of the garden beyond. The master bedroom boasts fitted wardrobes and an en-suite bathroom complete with modern fixtures. A second double bedroom overlooks the front aspect and can comfortably accommodate various styles of furnishings. The main bathroom is equipped with a white suite and is tastefully tiled throughout. A further reception room enhances the versatility of this home, with sliding double-glazed doors connecting seamlessly to the enclosed rear garden—a sizable outdoor space that benefits from both lawned areas and patio spots ideal for entertaining or relaxing. With approximate dimensions of 60 ft by 60 ft, this garden not only provides privacy but also presents opportunities for landscaping or further development if desired. The property's exterior features include an open-plan lawn at the front, along with a paved driveway offering ample off-road parking leading to the single garage, which comes equipped with power and light. This arrangement adds to the overall convenience of this property. Located in Adderbury, residents will enjoy proximity to local amenities such as public houses, primary schooling options, and recreational facilities including tennis courts. For more extensive shopping needs or commuting options, nearby Banbury offers direct access to Junction 11 of the M40 motorway as well as its railway station. In summary, this bungalow not only provides comfortable living spaces but also holds significant renovation potential that could enhance value over time. Whether you're looking for a project or simply a home in a well-connected village setting, this property warrants consideration.

Investment Analysis

(OX17 area)

Above Market Value

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

+24.7%
This Property
£460/sq ft
Area Average
£369/sq ft
Avg Rent (weekly)
£391
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£427,877
10% above area average per sq ft
Potential ROI
-20.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (OX17)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -6.8%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on OX17 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

St Marys Road, Adderbury
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,777
Based on a loan of £363,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE