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Grimsbury Square, Banbury OX16 3HX

South East

£300,000

Listed on 21/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1049 sqft

Description

This three-bedroom semi-detached home presents a promising investment opportunity, ideally situated on a corner plot with ample outdoor space. While well-maintained by its current owner, the property is now ripe for a comprehensive update throughout to maximize its potential. The layout features an entrance hallway leading to two reception rooms: a living room with front-facing double-glazed windows and a dining room with access to the rear garden via double doors. The kitchen, although functional, would benefit from modernisation and offers direct access to the garden as well. Upstairs, you will find three bedrooms that provide good proportions; the master bedroom overlooks the south-facing rear garden while the other two bedrooms offer views of a green space at the front. The bathroom, along with other areas of the home, requires attention and refurbishment. Outside, alongside the generous garden which includes both patio and lawned areas, there is an oversized single garage and driveway parking available. With no onward chain attached, this property is perfect for those looking to create their dream home or to invest in a project that would yield considerable returns in this sought-after South East location.

Investment Analysis

(OX16 area)

Below Market Value

This property is priced -12.4% below area average per sq ft

-12.4%
Potential saving
This Property
£286/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
£376,575
10% above area average per sq ft
Potential ROI
+10.8%
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

Grimsbury Square, Banbury OX16 3HX
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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
£1,070
Based on a loan of £225,000 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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