No Deposit Option Considered. This stunning period cottage quietly positioned in this 'no through' lane in the delightful village of Islip. Islip lies on the edge of Otmoor beside the Rivers Ray and Cherwell, approx 5 miles north of Oxford and 7 miles south of Bicester. Surrounded by countryside and wonderful community this property is amazing! The village has a train station and bus services to Oxford and Bicester.