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See how verdicts work3-bedroom bungalow · OX18 3NF
Listing removedListed 382 days
Opportunity summary
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About
A bungalow with A potential seperate building plot A substantial detached bungalow occupying a brilliant plot with enormous potential for improvement or further development.
Distances Carterton 1 Mile / Burford 4 miles / Witney 3 miles / Charlbury (Railway Station for London-Paddington) 13 miles / Cirencester 21 miles / Cheltenham 25 miles / Oxford 18 miles (All distances are approximate) Accommodation This substantial bungalow which has been in the same ownership for over 40 years.
It occupies a generous plot in a sought position and would benefit from modernisation.
It may be possible to reconfigure the plot to allow an additional residence to be constructed at the rear subject to the necessary consents being obtained.
The current bungalow comprises of entrance hall, sitting/dining room, kitchen/breakfast, generous utility room, cloakroom, three double bedrooms and a family bathroom.
Externally the gardens are extensive and have proved a fertile source of fruit and vegetables for many years.
There is plentiful off road driveway parking at the front, a detached garage and the rear of the property has its own driveway access to the side making it an ideal opportunity to be split for development subject to the correct permissions.
Situation Brize Norton village dates from the Middle Ages and is mentioned in the Doomsday Book.
The village has its own primary school (Ofsted outstanding in 2012/2013) with secondary education in nearby Witney, Carterton and Burford.
The village lies on the edge of the Thames Valley and is close to the Cotswold area of outstanding natural beauty.
At first it was known for its market garden produce, but in 1935 the Royal Air Force arrived: RAF Brize Norton is now Britain's largest air base.
Nearby Carterton offers a number of large supermarkets including Morrisons, Asda and Aldi, banks, three Churches independent retailers, barbers/hairdressers, lending library, numerous eateries, a modern leisure centre with swimming pool and gymnasium as well as a large medical centre that has a dentist and dispensing chemist.
There are five primary schools, one secondary school and several sports clubs positioned around the town. Services Mains drainage, electricity and gas central heating.
Fixtures & Fittings Certain items may be available by separate negotiation. Tenure & Possession The property has good leasehold title and is unregistered. Further details available on request.
Offers vacant possession on completion. Local Authority & Council Tax Band West Oxfordshire District Council. Band E Viewing Arrangements Strictly by appointment with Penny & Sinclair – .
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Fourwinds,, Elm Grove, Brize Norton
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