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The Avenue, Middleton Cheney, Banbury OX17 - Image 1
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The Avenue, Middleton Cheney, Banbury OX17 - Image 3

The Avenue, Middleton Cheney, Banbury OX17

South East

£290,000
Listed on 11/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached three-bedroom home is situated in a well-equipped and sought-after village, presenting a strong opportunity for modernisation and enhancement. Occupying a generous plot, this property has substantial potential for expansion or development (subject to planning permissions), making it an excellent investment choice. The residence is well-located near essential amenities including shops, cafés, and schools that cater to various age groups, while also providing access to more extensive retail options in nearby Banbury. The property is arranged across two levels and currently requires comprehensive updates throughout. Notable features include a double aspect sitting room featuring a stone fireplace, a separate dining room that adjoins the kitchen, which has plumbing facilities for appliances, and a rear lobby leading to an outdoor lean-to and garden areas. Two generously sized double bedrooms and one single bedroom are complemented by a bathroom with a window. The spacious gardens offer opportunities for landscaping or additional structures. Despite its need for refurbishment, this home benefits from all mains services being connected and could be transformed into a desirable living space within this vibrant community.

Investment Analysis

(OX17 area)
Area Average
£369/sq ft
Avg Rent (weekly)
£391
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (OX17)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -6.8%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on OX17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

The Avenue, Middleton Cheney, Banbury OX17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,062
Based on a loan of £217,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE