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South East
£350,000
Listed on 09/09/2026
Listed on 09/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This detached bungalow in Banbury presents a project opportunity, particularly with its generous corner plot and established residential setting. While the property is in need of updating and modernisation throughout, this allows for buyers to tailor the home to their personal preferences. The single-storey layout offers well-proportioned rooms with good natural light, providing a solid foundation for reconfiguration and enhancement.
However, the asking price of £350,000 translates to £428/sqf, which is significantly above the local average of £326/sqf. When factoring in the renovation range of £40,000 to £80,000, the all-in costs are stretched against local benchmarks for comparable properties. This makes the economics less appealing, as the combined investment would leave a considerable gap relative to the implied local value. Buyers should be cautious of this price versus potential return.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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