4 Bed Detached House, Refurb/BRRR, Witney, OX29 8PT, £900,000

The Cross, Stonesfield, OX29 8PT - a year ago

Refurb/BRRR
~214 m²
+38 photos

ValuationOvervalued

Sold Prices£330K - £1.5M
Sold Prices/m²£2.9K/m² - £7K/m²

 

 

Square Metres

~213.58 m²
Price/m²£4.2K/m²

Value Estimate

£787,708

 

 

End Value (After Refurb)

£818,923

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£225,000

Stamp Duty & Legal Fees

£60,700

Refurb Costs

£93,446

Bridging Loan Interest

£23,625

Total Cash In

£404,521

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£818,923

Mortgage (After Refinance)

£614,193

Mortgage LTV

75%

Cash Left In

£404,521

Equity

£204,731

Rent Range

£900 - £11,500

Rent Estimate

£2,097

Running Costs/mo

£2,999

Cashflow/mo

£-902

Cashflow/yr

£-10,818

Gross Yield

3%

Local Sold Prices

50 sold prices from £330K to £1.5M, average is £560K. £2.9K/m² to £7K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£500K01/210.15 miCambo, Peaks Lane, Stonesfield, Witney, Oxfordshire OX29 8PY4
£345K03/210.16 mi4, Hunts Close, Stonesfield, Witney, Oxfordshire OX29 8QG4
£600K11/210.17 mi24, Busby Close, Stonesfield, Witney, Oxfordshire OX29 8EU4
£640K06/240.23 mi2, The Tewer, Stonesfield, Witney, Oxfordshire OX29 8DZ4
£362.5K09/230.3 mi3, Field Close, Stonesfield, Witney, Oxfordshire OX29 8HA4
£330K11/221.08 mi33, Knott Oaks, Combe, Witney, Oxfordshire OX29 8PJ4
£610K04/211.24 miThe Yellow House, 45, Akeman Street, Combe, Witney, Oxfordshire OX29 8NZ4
£750K12/201.24 mi17, Akeman Street, Combe, Witney, Oxfordshire OX29 8NZ4
£818K11/201.26 mi46, Chatterpie Lane, Combe, Witney, Oxfordshire OX29 8PG4
£692.5K03/231.26 mi38, Akeman Street, Combe, Witney, Oxfordshire OX29 8NX4
£880K04/241.37 mi2, Rose Cottages, Fawler, Chipping Norton, Oxfordshire OX7 3AJ4
£837.5K06/211.39 miThe Corner Cottage, Church Walk, Combe, Witney, Oxfordshire OX29 8NQ4
£435K09/232.05 mi35, School Road, Finstock, Chipping Norton, Oxfordshire OX7 3DN4
£350K01/242.17 mi22, Hill Crescent, Finstock, Chipping Norton, Oxfordshire OX7 3BS4
£607.5K06/232.2 mi42b, Witney Road, Long Hanborough, Witney, Oxfordshire OX29 8BJ4
£620K10/212.25 mi28, Little Lees, Charlbury, Chipping Norton, Oxfordshire OX7 3HB4
£745K12/222.3 mi9, Wroslyn Road, Freeland, Witney, Oxfordshire OX29 8HJ4
£1.5M09/212.32 miKynneside, Church Road, North Leigh, Witney, Oxfordshire OX29 6TX4
£905K03/212.34 mi3, Lees Heights, Charlbury, Chipping Norton, Oxfordshire OX7 3EZ4
£598.5K12/222.34 mi11, Lees Heights, Charlbury, Chipping Norton, Oxfordshire OX7 3EZ4
£450K04/232.37 mi42, Marlborough Crescent, Long Hanborough, Witney, Oxfordshire OX29 8JR4
£395K05/212.37 mi40, Marlborough Crescent, Long Hanborough, Witney, Oxfordshire OX29 8JR4
£345K03/212.4 mi6, Lee Close, Charlbury, Chipping Norton, Oxfordshire OX7 3SG4
£373K08/232.41 mi20, Glyme Way, Long Hanborough, Witney, Oxfordshire OX29 8JT4
£427.5K06/232.44 mi1, Woodfield Drive, Charlbury, Chipping Norton, Oxfordshire OX7 3SE4
£440K05/212.48 mi34, Ticknell Piece Road, Charlbury, Chipping Norton, Oxfordshire OX7 3TW4
£414K11/212.48 mi2, Churchill Way, Long Hanborough, Witney, Oxfordshire OX29 8JH4
£505K03/212.48 mi12, Churchill Way, Long Hanborough, Witney, Oxfordshire OX29 8JH4
£675K05/212.48 mi8, Hill Close, Charlbury, Chipping Norton, Oxfordshire OX7 3SY4
£635K11/212.51 mi2a, The Slade, Charlbury, Chipping Norton, Oxfordshire OX7 3SJ4
£560K01/232.51 mi37, Isis Close, Long Hanborough, Witney, Oxfordshire OX29 8JN4
£390K02/212.53 mi12, Sandford Rise, Charlbury, Chipping Norton, Oxfordshire OX7 3SZ4
£555K06/212.54 mi7, Kingston Heights, North Leigh, Witney, Oxfordshire OX29 6RW4
£530K12/212.61 mi47, Park Road, North Leigh, Witney, Oxfordshire OX29 6SA4
£560K05/232.61 mi47, Park Road, North Leigh, Witney, Oxfordshire OX29 6SA4
£732.5K06/232.62 mi1, Wychwood Paddocks, Charlbury, Chipping Norton, Oxfordshire OX7 3RW4
£350K08/212.62 mi46, Pinsley Road, Long Hanborough, Witney, Oxfordshire OX29 8JQ4
£550K06/212.64 miFlagstones, Park Lane, Long Hanborough, Witney, Oxfordshire OX29 8JU4
£667K12/222.64 mi151a, Wroslyn Road, Freeland, Witney, Oxfordshire OX29 8HR4
£650K11/202.64 mi28, Park Road, North Leigh, Witney, Oxfordshire OX29 6RX4
£585K03/212.65 mi16, Parklands, Freeland, Witney, Oxfordshire OX29 8HX4
£545K03/242.65 mi2, Parklands, Freeland, Witney, Oxfordshire OX29 8HX4
£802K11/202.66 mi87, Wroslyn Road, Freeland, Witney, Oxfordshire OX29 8HL4
£725K08/232.67 mi2, Hazeldene Close, North Leigh, Witney, Oxfordshire OX29 6YB4
£625K12/202.67 mi3, Hazeldene Close, North Leigh, Witney, Oxfordshire OX29 6YB4
£347.5K09/212.68 mi42, The Green, Charlbury, Chipping Norton, Oxfordshire OX7 3QB4
£450K10/232.68 mi34, The Green, Charlbury, Chipping Norton, Oxfordshire OX7 3QB4
£464K03/232.68 miNew House, Mount Skippett, Ramsden, Chipping Norton, Oxfordshire OX7 3AP4
£625K02/212.68 miWell Cottage, High Street, Ramsden, Chipping Norton, Oxfordshire OX7 3AU4
£500K02/232.7 mi29, Windmill Heights, North Leigh, Witney, Oxfordshire OX29 6ZD4

Local Rents

48 rents from £900/mo to £11.5K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,75012/240.07 miBarretts Close, Stonesfield4
£2,30012/240.09 miChurchfields, Stonesfield, Witney, Oxfordshire, OX293
£1,40006/240.14 miThe Tewer, Witney, Oxfordshire2
£11,50012/240.16 miStonesfield7
£1,10012/240.16 miCombe Road, Stonesfield, OX291
£1,05009/240.23 mi-2
£1,40003/230.23 mi-2
£1,50012/240.23 mi-2
£1,60012/240.23 mi-2
£1,50012/240.23 miLaughton Hill, Witney, OX292
£1,90012/240.24 miStonesfield, Witney, OX294
£1,80012/240.24 miWilliam Buckland Way, Witney, Oxfordshire3
£1,55008/240.27 mi-3
£1,30006/240.42 miStonesfield2
£1,40006/240.42 miFarley Lane Stonesfield OX293
£3,65006/241.16 miLittleworth Barn, Akeman Street, OX293
£90012/241.28 miOrchard Close, Combe1
£3,50006/241.31 miHigherWestfieldFarmhouse5
£1,27506/241.33 miAkeman Street, Witney, Oxfordshire3
£1,85006/241.39 miChurch Walk, Combe, Witney, Oxfordshire, OX293
£2,70006/241.73 miWoodleys, Woodstock2
£3,25008/232.08 mi-4
£2,99508/242.08 mi-4
£3,25012/242.08 miMillwood Farm Barns, Long Hanborough, Witney, OX294
£1,52506/242.11 miHill Crescent, Finstock, Oxfordshire3
£3,60003/252.15 mi-5
£3,30007/242.15 mi-5
£1,75012/242.18 miAbelwood Road, Long Hanborough5
£1,95012/242.18 miAbelwood Road, Long Hanborough4
£1,09506/242.2 miWitney Road, Long Hanborough OX29 8BJ1
£1,10007/242.21 mi-1
£1,85006/242.24 mi-3
£2,90002/252.27 mi-3
£1,20009/242.33 mi-1
£1,20001/252.33 mi-1
£1,79512/242.33 miWroslyn Road Freeland OX293
£1,60006/242.35 mi10a Main Road Long Hanborough, Witney3
£3,10006/242.39 mi-2
£1,15006/242.43 miWilloughby Fields, Wroslyn Road, Freeland, Oxfordshire, OX292
£1,05009/242.43 mi-1
£1,00001/252.44 mi-1
£1,00003/252.44 mi-1
£1,25006/242.44 miHigh Street, Finstock, Oxfordshire, OX7 3DA2
£1,20006/242.46 miRoosevelt Road, Long Hanborough, OX292
£1,40012/232.46 mi-2
£2,00006/242.46 miWilcote Lane, Ramsden3
£1,35006/242.46 miWilcote Lane, Ramsden2
£1,00006/242.48 miWroslyn Road, Witney, Oxfordshire1

Local Area Statistics

Population in OX29

23,056

Population in Witney

50,632

Town centre distance

5 miles away

Nearest school

0.10 miles away

Nearest train station

1.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+7%

Property History

Listed for £900,000

March 26, 2024

Floor Plans

Description

  • Wonderful detached house set within large private mature gardens in the old character area of Stonesfield +
  • Dual aspect kitchen/dining room with a separate large living room with open fire place on the ground floor +
  • Sat within a plot of 0.4 of an acre of Mature lawned gardens with a number of outhouses and a summer house around the garden +
  • Extraordinarily sheltered & private gardens protected on one side by 12th century parish church of St James the Great +
  • A number of off street parking spaces to the left hand side of the property +
  • In need of modernisation but offers fantastic scope to extend(subject to relevant planning and building regulations) +
  • Three bedrooms and bathroom to the first floor with a tightly twisted staircase up to a full head height loft bedroom and loft access to the second floor +

A rare and amazing opportunity to purchase Protestant House, a four-bedroom detached home built in 1879 on The Cross in Stonesfield. The property sits within 0.4acres of secluded and private mature garden sheltered on the west side by ‘St James the Great’ Parish Church in the heart of the village.  Protestant House has evolved over its long history as a family home and offers extension potential (subject to all the relevant planning and building regulations). From the entrance porch, you walk into the large living room with windows to the front and rear overlooking the gardens, feature open fireplace with stone surround, flag stone flooring and exposed beams. This leads to the fitted kitchen/dining room with AGA stove, characterful pantry and bay windowed dining area overlooking the gardens. There is also a downstairs toilet/wet room and rear access into the gardens. The first-floor landing has access to three bedrooms, family bathroom and stair access up to the loft bedroom with a dormer window to the rear and loft access. The wonderful large mature gardens to the rear are south facing, mainly laid to lawn with a number of shrubs and trees surrounding, and views onto the local parish church adding to the beautiful outlook of the gardens. There are several useful stone outhouses and a summer house dotted around the gardens that may have potential to be converted into further accommodation/office spaces as well as rear access to a cellar underneath half of the living room of the house. There are a number of off street parking spaces to the side of the house. Stonesfield is a thriving village with a good range of amenities and local activities. These include a well-regarded primary school, shop with post office, hairdressers, community pub and a sports field with sports and social club. Sitting equidistant between the local market towns of Woodstock, Charlbury and Witney. A bus service operates to Oxford via Woodstock and to Charlbury and Chipping Norton.  There is a mainline railway station on the Worcester-Oxford-London (Paddington) line from Long Hanborough. There is then Oxford Parkway and Charlbury trainline that goes to London (Marylebone).

EPC Rating: E

Agent Details

Breckon & Breckon, Woodstock

01993 225908

Next Steps?

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