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Freehold Street, Lower Heyford

South East

£300,000

Listed on 07/10/2026

The listing

Property details

Bedrooms
3
Type
Cottage
Area
838 sqft

Description

This charming Victorian cottage presents a unique opportunity for renovation and expansion, subject to necessary permissions. With three bedrooms, a welcoming living room featuring a fireplace, and various outbuildings, this property is set within a generous plot that includes gated parking and picturesque views. The house has been rented to a long-term tenant for decades, indicating it is in need of modernisation, but its prime location offers some of the best vistas in the area, overlooking farmland to the rear. Located in the delightful village of Lower Heyford, the property benefits from excellent access to local amenities, including a good school, a local store, and transport links via the nearby M40 and A34. The village is renowned for its scenic surroundings, with the River Cherwell and Oxford canal adding to its charm. The entrance opens into a small hallway leading to a well-proportioned living room with a large window overlooking the garden. The kitchen, which spans the width of the house, provides ample space and connects to a downstairs bathroom. A covered area links the house to brick outhouses, including a workshop and a smaller storage room. Upstairs, the three bedrooms offer lovely views of the surrounding countryside and garden. The outdoor space is particularly noteworthy for a cottage, featuring a wide front plot with potential for extension. The driveway accommodates one vehicle and could be expanded if needed. Additionally, there is a substantial piece of land with a timber outbuilding that overlooks the fields, providing excellent potential for further development and enhancement of this lovely property.

WHOTS analysis

Our WHOTS verdict

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

48out of 100
Grade ELow opportunity

Confidence: LOW

This Victorian cottage presents a promising renovation project with significant potential for improvement and extension, subject to permissions. The property is set in a generous plot, offering delightful views over the surrounding farmland and a gated parking area. While the interior is dated, featuring worn living spaces, bedrooms, and a kitchen that requires updates, these elements provide a blank canvas for transformation. The exterior appears well-maintained, which could ease some initial concerns about the property.

Located in the picturesque village of Lower Heyford, the house benefits from a good local infrastructure, including schools and access to major roads and transport links. The asking price of £300,000 presents a unique opportunity, especially as the value versus local £/sqf remains undetermined due to the missing floor area. While the renovation cost is estimated between £40,000 and £80,000, this provides a clear scope for enhancing the property's value and appeal.

Overall, this cottage is a great opportunity for those looking to invest in a project with character and the potential to create a wonderful family home in a charming rural setting.

Key opportunities

  • Significant potential for improvement and extension, subject to permissions
  • Generous plot with delightful views over farmland
  • Well-maintained exterior offers a solid foundation for updates

Key risks

  • Medium renovation scale may require careful budgeting and planning
  • Potential damp in several rooms may need addressing during renovation

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Map

Location

Freehold Street, Lower Heyford
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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
£1,133
Based on a loan of £225,000 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.

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