Morris Drive, Banbury OX16
South East
£265,000
Listed on 29/09/2026
Listed on 29/09/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
901 sqftFeatures
- Garage
- Garden
- Parking
Description
This three-bedroom semi-detached house is in a residential area on the northern side of Banbury, with access to local schools, the town centre, the M40 and the railway station. The ground floor has a front-facing kitchen and an open-plan living and dining area overlooking the rear garden. A separate porch opens to the hallway, and the kitchen has side access towards the driveway.
Upstairs are three bedrooms, including a larger main bedroom, and a family bathroom with a bath and shower over. The property also has a south-facing rear garden with a patio, a front lawn, a driveway with space for around two cars and a single garage. The space behind the garage may offer scope for a utility area, subject to checking feasibility. The layout and existing accommodation provide a practical starting point for a buyer considering updates over time.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
62out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £265,000, this three-bedroom semi is priced about 10% below the local average per square foot, making the asking price a clear acquisition opportunity. The interiors are clean and usable but dated, so the £7,000–£18,000 renovation range points to a light refresh rather than a major overhaul; the overall economics are moderate, with a modest margin against the current local average value after the renovation midpoint.
There’s a spacious living-dining area, a sunny, established rear garden, driveway parking and a garage. Refreshing the finishes and flooring offers scope to put a personal stamp on the house, while the possible utility space behind the garage is worth investigating for feasibility and any required permissions.
Key opportunities
- Refresh the dated kitchen, bathroom and decorative finishes while retaining their usable layouts.
- Update or unify the varied flooring and make the spacious living-dining area feel more cohesive.
- Explore whether the space behind the garage can be made into a useful utility area, subject to feasibility and any required consents.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,001
Based on a loan of £198,750 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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