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Causeway, Banbury OX16

South East

£215,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
838 sqft

Description

This three-bedroom mid-terraced house presents a valuable opportunity for renovation, ideally situated near both the train station and town center. While it requires updating throughout, this property offers a blank canvas for buyers looking to invest in a home with substantial potential. Located within close proximity to essential amenities, including schools, shops, and transportation links, the property greatly benefits from Banbury's accessibility. With the M40 just two miles away, commuters can enjoy efficient travel to Oxford, Birmingham, and London. Additionally, regular train services from Banbury provide convenient connections to major cities like London Marylebone and Birmingham Snow Hill in under an hour. The layout of the house features an entrance hall that leads directly into a lounge with views of the rear garden. The dining room provides adequate space for family gatherings or entertaining guests, while the kitchen comes equipped with wall and base units as well as access to the outdoor space. Upstairs, the master bedroom includes a built-in wardrobe and overlooks the garden, complemented by two additional bedrooms that also offer views of the rear. The bathroom is functional but could benefit from modern updates; it includes a shower cubicle and wash hand basin, alongside a separate WC. A low-maintenance rear garden provides manageable outdoor space with a shed for storage and access to communal parking at Levenot Close. Although there is currently no central heating system installed, all mains services are connected, allowing for straightforward upgrades during renovation efforts. This property is ideal for investors or those willing to undertake renovations in order to increase their return on investment or create a comfortable family home in a desirable central location. For further inquiries or to schedule a viewing by appointment only, please contact Anker & Partners. The Energy Performance Certificate indicates an energy rating of D; further details are available upon request.

Investment Analysis

(OX16 area)

Below Market Value

This property is priced -19.6% below area average per sq ft

-19.6%
Potential saving
This Property
£257/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£270
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£21,500 - £53,750
10-25% of property value
Target Value
£294,008
10% above area average per sq ft
Potential ROI
+9.4%
After renovation
Monthly Sales
40
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (OX16)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 5.9%
5 year growth: 13.5%
Investment Disclaimer: Analysis based on OX16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Causeway, Banbury OX16
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