Savills says ..

Property Oracle says ..

This property presents a unique opportunity, but one which needs careful consideration. Situated in the village of Stratton Audley, Oxfordshire, this property offers a large land holding currently consisting of dilapidated outbuildings. The village itself is relatively quiet and peaceful; however, it lacks the conveniences of a larger town. The proximity of Bicester North and Bicester Village train stations provides reasonable commuter links, and several well-regarded primary schools are within a reasonable driving distance.

The main drawback is the poor condition of the property. The outbuildings are substantially derelict, and would require significant investment for any possible conversion or refurbishment. This would include demolition and reconstruction, and a potential planning application, depending on the desired end usage. No photos of any habitable space are presented, so the internal state of the property is unknown, but there is reason to believe that it is also requiring significant work.

While the lack of precise plot size measurements makes a complete value assessment challenging, given the price of nearby properties, and the price per sqft is unavailable for comparison. Considering the scale of the renovation works needed, the current list price could be considered reasonable for the land itself. However, the potential buyer should engage with reputable builders to get a realistic estimate of the complete build cost before submitting any offer.

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

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