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Tetsworth, Thame, Oxfordshire

South East

£300,000

Listed on 12/06/2026

Property details

Bedrooms
N/A
Type
Commercial Property
Area
750 sqft

Description

This Grade II listed former forge has been thoughtfully renovated to maintain its historical charm while offering significant potential for investment. With planning approval for a change of use from Class B8 to Class E, the property opens up opportunities for various commercial applications or even residential conversion, subject to necessary consents. The attractive single-storey building is constructed from painted brick and features period elements such as original wheelwright’s cones visible externally. Internally, the open-plan layout is adorned with natural slate tiles, historic beams, and provides ample lighting fixtures suitable for display or office functions. Essential upgrades include complete rewiring and the installation of intruder and fire alarm systems, ready to be reactivated. Additionally, it includes a kitchenette, WC, and efficient heating solutions with insulated ceilings. Benefiting from off-street parking for three vehicles and located in a vibrant village with excellent transport links, The Old Forge presents itself as an appealing project for those looking to capitalize on its versatility in a desirable Oxfordshire location.

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Investment analysis

(OX9 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£400/sq ft
Area Average
£472/sq ft
Avg Rent (weekly)
£337
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£389,524
10% above area average per sq ft
Potential ROI
+2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (OX9)

Area prices are falling by -3.8% over the last 12 months
3 year growth: +1.0%
5 year growth: +3.8%
Investment Disclaimer: Analysis based on OX9 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

Tetsworth, Thame, Oxfordshire
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 over 30 years at 4.45% 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

This calculation uses non-residential (land/commercial) tax rates.

Next Steps

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