2-bedroom bungalow · OX17 2NP
Sold STCListed 371 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom semi detached bungalow in a little known tucked away location within this highly desirable and exceptionally well served village with excellent amenities Situation - Middleton Cheney boasts a vibrant community for all dynamics.
One of the largest villages in West Northamptonshire. It has amenities not normally associated with village life.
Facilities within the village include a chemist, church, vets surgery, library, sports ground, village store, post office and popular public houses.
The village hall offers a range of clubs & societies for all ages and there is schooling to cover pre-school right the way through to Sixth form education.
A greater retail experience is located nearby in Banbury, where you will find all the top High Street outlets and "out of town" retail parks with free parking.
Banbury is conveniently located having access to junction 11 of the M40 motorway and regular rail services to London Marylebone, Oxford and Birmingham.
Bus services link the village to Banbury and Brackley - also a growing town with good shopping, leisure facilities and services.
A floorplan has been prepared to show the dimensions and layout of the property as detailed below.
Some of the main features are as follows: * A semi detached brick built bungalow located in a tucked away no through road within walking distance of all the amenities within the village.
* Only having one other property beyond it in the lane there is little passing traffic. * Offering scope for improvement as it requires modernisation throughout.
* Porch and hall with door to built-in airing cupboard. * Sitting room with window to front and fitted gas fire.
* Kitchen with enamel sink unit, door to built-in pantry cupboard, door and window to rear. * Main double bedroom with window to front and second large single/small double with window to rear.
* Bathroom fitted with a white suite comprising enamel bath, wash hand basin and WC, window, heated towel rail.
* Off road parking for one/two vehicles beyond which there is an up and over door opening to the garage. * Side access via a gate leads to the rear garden where there is a patio, lawn and borders.
Services - All mains services are connected. Please note that currently there is no central heating. Local Authority - West Northants District Council. Council tax band D.
Viewing - Strictly by prior arrangement with the Sole Agents Anker & Partners. Energy Rating: Tbc - A copy of the full Energy Performance Certificate is available on request.
Anti Money Laundering Regulations - In accordance with current legal requirements, all prospective purchasers are required to undergo an Anti-Money Laundering (AML) check.
An administration fee of £30 plus VAT per applicant will apply. This fee is payable after an offer has been accepted and must be settled before a memorandum of sale can be issued.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Queen Street, Middleton Cheney, Banbury
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