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Addison Road, Banbury, OX16

South East

£315,000

Listed on 21/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
1184 sqft

Description

This three-bedroom semi-detached house presents a unique opportunity for renovation in a highly sought-after area of Banbury. The property is extended and backs onto Easington Sports Football Club, making it a rare find in the market. While the home requires full refurbishment, its location is ideal for families, first-time buyers, and commuters alike, being just a short distance from local schools, Horton Hospital, and supermarkets. The enclosed rear garden provides a private outdoor space, while the garage and driveway accommodate two vehicles. This property offers significant potential for those looking to invest in a home that can be tailored to their specifications.

WHOTS analysis

Our WHOTS verdict

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

59out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This three-bedroom semi-detached home in Banbury is priced attractively at £315,000, which is £266/sqf, significantly below the local average of £326/sqf. This presents a great opportunity for buyers looking to acquire a property at a lower entry point. However, the home requires extensive refurbishment, with visible signs of wear throughout, particularly in the living spaces and kitchen, which are dated and in need of updates.

While the overall economics are tight with an all-in cost of around £440,000 against a local average value of £386,458, the potential for value creation exists in transforming this space to enhance its layout and character. With a good location near schools and amenities, this project allows for complete customization to fit modern living standards, making it a compelling option despite its heavy renovation scale.

Key opportunities

  • Transform the dated interiors into a modern, open-plan living space that maximizes natural light.
  • Enhance the exterior and garden area to create a welcoming outdoor entertaining space.
  • Utilize the garage and driveway to increase functionality and storage options.

Key risks

  • Stripped interiors and a £100,000–£150,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

Addison Road, Banbury, OX16
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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
£1,190
Based on a loan of £236,250 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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Indicative tax based on the asking price and the options you select.

Services

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