Old Road, Wheatley, Oxford
South East
£500,000
Listed on 21/10/2026
Listed on 21/10/2026
The listing
Property details
Bedrooms
2Type
BungalowArea
1071 sqftFeatures
- Garden
- Parking
Description
This detached two-bedroom bungalow occupies a substantial corner plot near Shotover Estate and is offered with no onward chain. The ground-floor accommodation includes a sitting room, study, kitchen/breakfast room, two bedrooms and a shower room. A first-floor room provides additional flexible space, suitable for use as a bedroom or reception room.
The gardens extend around three sides of the property, with lawns, mature trees and hedging, a paved terrace with a canopy, and a further seating area with an arbour. A private driveway, accessed through a five-bar gate, provides parking for several vehicles. The listing describes the house as believed to date from the 1950s and notes potential for improvement and possible extension, subject to the necessary consents.
The property is close to Shotover Country Park and the village amenities in Wheatley. Road and bus links provide access to Oxford, Headington and, via Thame and Haddenham Parkway, London Marylebone.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
55out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This detached bungalow’s strongest draw is its substantial, established garden, with mature planting, pond, greenhouse and several seating areas, plus a driveway and garage. Inside, the dated finishes, flooring and timber-panelled study offer a manageable canvas for updating; the kitchen appears functional, with replacement an optional improvement. The listing also mentions possible extension potential, subject to consents, but this is not established by the available information.
At £500,000, the asking price is around 1% above the local average per square foot, so it is broadly in line rather than a clear value buy. The light renovation range is £6,600–£18,000, but the overall score is a weak 55/100: the price and economics leave limited headroom against the implied local average value. The Shotover setting and generous plot give the project distinctive appeal, but the numbers call for careful assessment.
Key opportunities
- Refresh the dated finishes, flooring and timber-panelled study to give the interior a more contemporary feel.
- Make the most of the substantial garden, with its mature planting, pond, greenhouse and multiple seating areas.
- Explore the listing’s stated extension potential, subject to consents and feasibility.
Key risks
- The asking price is slightly above the local £/sqf average, and the calculated all-in midpoint sits above the implied current local average value, limiting apparent financial headroom.
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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
£1,889
Based on a loan of £375,000 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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