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Larksfield Road, Banbury - Image 1
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Larksfield Road, Banbury

South East

£350,000

Listed on 09/09/2026

The listing

Property details

Bedrooms
3
Type
Bungalow
Area
818 sqft

Description

This detached bungalow, located in a well-established residential area of Banbury, presents an exciting opportunity for buyers looking for a property with significant potential for modernisation and improvement. Nestled on a generous corner plot, the bungalow is surrounded by mature planting, providing a sense of openness that is often rare for properties of this type. The property requires updating throughout, making it ideal for those seeking a project to tailor the home to their specific needs. The existing single-storey layout offers a solid foundation for creating a comfortable and contemporary living space. With well-proportioned rooms arranged predominantly on one level, there is ample scope for reconfiguration and enhancement, subject to necessary consents. One of the standout features is the substantial garden and frontage, which provides considerable potential for landscaping or creating entertaining areas. This outdoor space allows for flexibility, catering to those with an interest in gardening or outdoor living. Furthermore, the size and position of the plot may lend themselves to further development or extension, subject to planning permission. Situated within the popular Timms Estate, this property benefits from proximity to a range of shopping, leisure, educational, and recreational facilities, along with excellent transport links to Oxford, Birmingham, and London. This bungalow represents a rare opportunity to acquire a home on a spacious corner plot with significant potential for improvement. Viewing is highly recommended to fully appreciate the position, plot size, and the possibilities this property has to offer.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

32out of 100
Grade ELow opportunity

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.

Key opportunities

  • Generous corner plot with ample outdoor space for landscaping or outdoor living.
  • Single-storey layout allows for easy reconfiguration and modernization.
  • Potential for further development or extension, subject to planning permission.

Key risks

  • Asking price plus renovation costs lead to stretched all-in expenses compared to local property values.

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Map

Location

Larksfield Road, Banbury
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 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.

Tax

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