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Main Street, Great Bourton, Banbury

South East

£575,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow presents a unique opportunity for renovation and investment, situated on an expansive plot of approximately 0.3 acres, with previous planning approval for the construction of an additional dwelling, subject to re-application. The property is available chain-free, allowing for a smooth transition into this promising venture. Nestled in the charming village of Great Bourton, located just north of Banbury, this location boasts a vibrant community atmosphere along with essential amenities. Residents benefit from a modern village hall, The Bell Inn public house, and All Saints Church, which has stood for over 600 years. The nearby village of Cropredy further enhances the area's appeal, renowned for its historical significance and annual events such as the Fairport Convention Festival Weekend. Local conveniences include a parish church, primary school, medical facilities, cafes, and recreational spaces for various sports activities. The property's layout includes an entrance hall leading to both a spacious living room and a rear garden area. The kitchen/dining room features ample base and eye-level units alongside essential appliances and benefits from picturesque views of the surrounding countryside through its side windows. The dual-aspect living room is adorned with windows at both the front and rear, complemented by an open fire with ornamental surround—a cozy feature that adds character. Three bedrooms provide flexible accommodation options: two doubles—one boasting sweeping views—and a single bedroom equipped with built-in wardrobes. A shower room and separate cloakroom enhance functionality throughout the home. Additional storage solutions can be found in large cupboards off the hallway and within the garage—the latter equipped with power and additional storage spaces. Surrounding gardens offer significant outdoor space that could be leveraged to expand or develop further while enjoying the tranquility provided by views over greenery. This property not only promises immediate charm but also holds substantial potential for future development or customization to suit personal tastes or investment goals. All mains services are connected except gas; heating is provided by oil central heating. Viewing appointments are available through prior arrangement with Anker & Partners for interested parties looking to explore this distinctive opportunity.

Investment Analysis

(OX17 area)
Area Average
£369/sq ft
Avg Rent (weekly)
£391
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
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

Main Street, Great Bourton, Banbury
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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
£2,106
Based on a loan of £431,250 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