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See how verdicts work2-bedroom bungalow · OX15 4RN
For saleReduced £30k (−13.6%) on 6 OctListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Offered for sale with no onward chain and vacant possession, this two-bedroom semi-detached bungalow occupies a pleasant position within the popular village of Milcombe.
Featuring a recently installed wet room, solar panels, conservatory, driveway, front and rear gardens, description Offered for sale with no onward chain and vacant possession, this two-bedroom semi-detached bungalow presents an excellent opportunity for buyers seeking a property they can modernise and personalise to their own tastes.
The accommodation comprises an entrance hall, a sitting room, kitchen, two well-proportioned bedrooms and a recently installed wet room.
In addition, the property benefits from a conservatory overlooking the rear garden, providing useful additional living space and a pleasant area in which to relax.
Whilst the bungalow would benefit from further updating in places, it offers excellent potential and has already seen the addition of a modern wet room by the current owner.
Outside, the property enjoys both front and rear gardens, offering space for gardening, entertaining or simply enjoying the village surroundings.
To the front there is a driveway providing off-road parking. The property is situated within the highly regarded village of Milcombe, approximately five miles south-west of Banbury.
The village offers a range of amenities including a village shop, regular bus service and the historic Horse & Groom public house.
Milcombe also benefits from an attractive parish church and a thriving community with regular village events and fetes.
The village falls within the sought-after Warriner School catchment area and provides excellent access to Banbury, Chipping Norton and the surrounding Oxfordshire countryside.
Information This is a rare opportunity to acquire a bungalow in a desirable village location with no onward chain and the potential to create a wonderful home. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 40, Newcombe Close, Banbury
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