2-bedroom bungalow · OX15 6DJ
For saleReduced £75k (−10.3%) on 21 JunListed 573 days
Opportunity summary
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About
Summary A two bedroom detached bungalow in a large plot in need of modernisation in the popular and sought after village of Edgehill.
The plot has potential for possible development or the construction of a substantial home, subject to planning.
Description A two bedroom detached bungalow in a large plot in need of modernisation in the popular and sought after village of Edgehill.
Set in a lovely plot with alot of potential for further development (subject to planning) or improvement In the valuers opinion if planning permission could be obtained for 4 or 5 Detached homes the gdv could be in the region of 2.8 - 3.5 million.
Connells have its own land and New Homes division who are more than happy to help and advise Entrance Hall 17' x 5' 5" ( 5.18m x 1.65m ) Good Size Entrance hall leading through to the accommodation Lounge 15' 2" x 14' 2" ( 4.62m x 4.32m ) Windows to the front and side aspect.
Doors to the side aspect. Fireplace.
Reception Room 12' 11" x 9' 5" ( 3.94m x 2.87m ) Window to the side aspect, sliding doors into Kitchen, Kitchen 10' 10" x 9' 10" ( 3.30m x 3.00m ) Window to the rear aspect, door to side and door into Hall.
Bedroom One 11' 10" x 11' 9" ( 3.61m x 3.58m ) Window to the rear aspect, built in double wardrobe. Bedroom Two 10' 8" x 9' 10" ( 3.25m x 3.00m ) Window to the front aspect. Built in double wardrobe.
Bathroom Frosted window. Suite comprises panelled bath, wash hand basin amnd flow level wc Outside Set in a lovely Plot with huge potential.
Out-House / External Toilet Adjacent the side door, which includes a separate toilet and basin.
Water Pressure Additionally, The vendor has informed us that the water pressure is currently very low within the property.
Edgehill Edge Hill is an escarpment and Edgehill a hamlet in the civil parish of Ratley and Upton, Stratford-on-Avon District, southern Warwickshire, England.
At Ratley, the escarpment rises to 219 m (719 ft) above sea level and 112 m (367 ft) above nearby Radway, within 300 metres of the Warwickshire border with Oxfordshire.
Edge Hill gave its name to the first battle of the English Civil War, in which it was a prominent feature.
The hamlet has a public house, an eccentric building of local Hornton Stone called the Castle Inn that was built in the 1740s to the designs of Sanderson Miller (1716–80) It is controlled by the Hook Norton Brewery.
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
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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.
Area
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FAQ
About Craigy Nook, Edge Hill Lane,, Banbury
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