New Road, Banbury, OX16
AL

New Road, Banbury, OX16

By Alistair Redhouse Estate Agents Ltd

£ 750,000

Reviews

2 out of 5 stars

Alistair Redhouse Estate Agents Ltd says ..

Discover an incredible investment opportunity in the heart of Banbury!

Property Oracle says ..

This property in Banbury, Oxfordshire, presents a mixed bag of features. It’s an eight-bedroom, eight-bathroom property located relatively near Banbury train station and several schools, including the well-regarded Harriers Banbury Academy. The interior seems to have been recently updated, featuring a modern kitchen and relatively clean and functional living spaces. However, there is a significant drawback: the property appears to lack any garden or meaningful outdoor space, which, considering the price, is a substantial limitation. The asking price of £750,000 requires further scrutiny against comparable properties in the area to fully determine its value. While the location and updated interior are positive aspects, the lack of land and relatively basic presentation, as shown in the photos, might lead to a less-than-optimal return on investment compared to similar properties with more amenities. A thorough survey of both the building and its surroundings would be prudent before committing to a purchase. More information on the plot size would have improved this assessment considerably.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
8
Bathrooms
8
Sqft (est)
1,917.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
313,446.00 £
Increased by 24.28 %
from 252,203.00 £
Est sale value
588,519.00 £
Decreased by 2.54 %
from 603,855.00 £
Average area rental value
1,095.00 £/mo
Unchanged by 0.00 %
from 1,095.00 £/mo
Est letting value
1,917.00 £/mo
Unchanged by 0.00 %
from 1,917.00 £/mo
Est rental Yield
4.19 %
Decreased by 19.58 %
from 5.21 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Alistair Redhouse Estate Agents Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
St John'S Priory SchoolOther Independent School0.19 KM
Harriers Banbury AcademyAcademy ConverterGood0.19 KM
English Language TrainingMiscellaneous0.33 KM
St Mary'S Church Of England Primary School, BanburyAcademy Converter0.80 KM
Wykham ParkAcademy Sponsor LedGood0.89 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St. John's Court £ 000.00 KM
Marlborough House £ 188,31700.00 KM
The Hollies Court £ 160,00000.00 KM
Belgrave Crescent £ 000.00 KM
Oxford Road £ 475,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Banbury4502BAN1.51 KM
Kings Sutton4508KGS7.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Road, Banbury, OX16 £ 750,000BUY5 / 100.00 KM
Banbury, Oxfordshire, OX16 £ 450,000BUY6 / 100.10 KM
Upton Court, Crouch Street, Banbury £ 199,950BUYUnknown0.12 KM
Banbury, Oxfordshire, OX16 £ 850,000BUYUnknown0.12 KM
Crouch Street, Banbury, OX16 £ 300,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
13 New Road £ 147,5000.01 KM
New House £ 285,0000.01 KM
6 Milton Street £ 150,0000.05 KM
20 Milton Street £ 185,0000.05 KM
16 Milton Street £ 125,0000.05 KM