We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · OX26 5DJ
Listing removedReduced £25k (−4.2%) on 21 JunListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fabulous detached three bedroom bungalow, extended and improved throughout with a lovely south facing garden. Situated in a popular and convenient village with amenities. No onward chain.
This bungalow provides spacious and thoughtfully designed accommodation with generous dual aspect living space and bi-folding doors to the rear garden. A super refitted kitchen and a utility room.
The bedrooms do not disappoint with a particularly good master bedroom having an excellent ensuite. The main bathroom is also being refitted.
There is ample parking, a garage and wonderfully private south facing rear garden. Viewing highly recommended. Agents notes A detached and extended bungalow originally constructed in the 1960's.
Mains; electricity, water and drainage are connected. Heating; oil fired central heating to radiators.
Broadband - Ofcom states; that all broadband speeds up to and including are likely to be available.
Mobile phone - predicted availability according to Ofcom; Three good outdoor, variable indoor, EE and Vodafone good outdoor, 02 variable outdoor.
Properties built pre-2000 may contain asbestos in certain materials used in their construction or in subsequent building work.
Examples of these materials are; Artex, vinyl tiles, sheet boards, corrugated roofing, pipework and lagging/insulation.
These are generally considered safe unless disturbed but prospective buyers must take their own advice.
Restrictive covenants are in place - should this be of concern, please contact Thomas Merrifield before arranging a viewing. Local Authority: Cherwell District Council - D.
EPC - D Quietly and conveniently situated in a small close of bungalows within the highly desirable village of Launton, Launton has amenities including; a thriving village store/post office, two public houses, a primary school and bus services.
The nearby market town of Bicester (under 2 miles) provides for all everyday needs as well as having railway services to London Marylebone, Birmingham, Oxford and also on the new East West Railway line
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
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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 24, Ancil Avenue, Launton
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