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Fergusson Road, Banbury

South East

£230,000

Listed on 21/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
854 sqft

Description

This three-bedroom residence on Fergusson Road presents a promising opportunity for those looking to invest in a property with significant renovation potential. While the home requires modernization across all areas, it boasts ample living space and a large rear garden that could be transformed into an exceptional outdoor area or even extended (subject to appropriate permissions). The ground floor features a welcoming entrance hall leading into a bright reception room, which offers versatility for various configurations. The kitchen/dining area at the back is spacious and ripe for transformation into a contemporary open-plan layout, ideal for family gatherings, with direct access to the garden. Upstairs, the layout includes three bedrooms, providing enough space for a growing family or the option to create dedicated work-from-home spaces. With off-road parking available via a driveway and no onward chain, this property is perfectly positioned for both commuters and those looking to capitalize on its investment potential.

Investment Analysis

(OX16 area)

Below Market Value

This property is priced -17.5% below area average per sq ft

-17.5%
Potential saving
This Property
£269/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£262
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£306,573
10% above area average per sq ft
Potential ROI
+13.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (OX16)

Area prices are falling by -2.8% over the last 12 months
3 year growth: +0.5%
5 year growth: +6.9%
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

Fergusson Road, Banbury
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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
£821
Based on a loan of £172,500 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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