2 Bed Terraced House, Refurb/BRRR, Oxford, OX44 9DB, £300,000

Wisteria Cottage, Garsington, OX44 9DB - a year ago

Sold STC
Refurb/BRRR
ROI: 3%
~53 m²
+15 photos

ValuationOvervalued

Sold Prices£130K - £585K
Sold Prices/m²£1.9K/m² - £7.6K/m²

 

 

Square Metres

~53 m²
Price/m²£5.7K/m²

Value Estimate

£245,775

 

 

End Value (After Refurb)

£310,000

Uplift in Value

+3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Refurb Costs

£26,476

Bridging Loan Interest

£7,875

Total Cash In

£132,301

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£310,000

Mortgage (After Refinance)

£232,500

Mortgage LTV

75%

Cash Released

£7,500

Cash Left In

£124,801

Equity

£77,500

Rent Range

£950 - £4,000

Rent Estimate

£1,676

Running Costs/mo

£1,324

Cashflow/mo

£352

Cashflow/yr

£4,225

ROI

3%

Gross Yield

7%

Local Sold Prices

45 sold prices from £130K to £585K, average is £315K. £1.9K/m² to £7.6K/m², average is £5K/m².

Price
Date
Distance
Address
Beds
 
£345K04/210.19 mi9, The Hill, Garsington, Oxford, Oxfordshire OX44 9DG2
£500K08/240.48 mi48, Wheatley Road, Garsington, Oxford OX44 9ER2
£401K12/230.49 mi67, Wheatley Road, Garsington, Oxford, Oxfordshire OX44 9ER2
£370K11/240.53 mi8, Elm Drive, Garsington, Oxford OX44 9AG2
£340K03/210.53 mi18, Elm Drive, Garsington, Oxford, Oxfordshire OX44 9AG2
£295K03/241.1 mi5, Green Hill, Oxford, Oxfordshire OX4 7UH2
£281K07/211.13 mi15, Partridge Walk, Oxford, Oxfordshire OX4 7BZ2
£287K04/251.14 mi14, Rowan Grove, Oxford OX4 7FD2
£335K11/231.15 mi22, Brake Hill, Oxford, Oxfordshire OX4 7NY2
£283K04/211.16 mi17, Rowan Grove, Oxford, Oxfordshire OX4 7FD2
£262.6K11/211.17 mi1, Marjoram Close, Oxford, Oxfordshire OX4 6QQ2
£340K12/231.18 mi6, Brake Hill, Oxford, Oxfordshire OX4 7NZ2
£270K06/211.18 mi16, Bryony Close, Oxford, Oxfordshire OX4 7UT2
£270K06/211.2 mi15, Swallow Close, Oxford, Oxfordshire OX4 7QN2
£315K10/241.21 mi7, Swallow Close, Oxford, Oxfordshire OX4 7QN2
£280K03/211.21 mi10, Swallow Close, Oxford, Oxfordshire OX4 7QN2
£395K10/221.23 mi13, Denton Hill, Cuddesdon, Oxford, Oxfordshire OX44 9HZ2
£585K03/241.23 mi15, Denton Hill, Cuddesdon, Oxford, Oxfordshire OX44 9HZ2
£310K03/231.23 mi16, Shepherds Hill, Oxford, Oxfordshire OX4 7YD2
£432.5K07/241.24 miCollege Cottages, 1, Denton Hill, Cuddesdon, Oxford OX44 9JA2
£325K07/231.3 mi11, Blacksmiths Meadow, Oxford, Oxfordshire OX4 7YF2
£285K11/211.34 mi40, Tarragon Drive, Oxford, Oxfordshire OX4 7XT2
£315K09/231.34 mi6, Greenfinch Close, Oxford, Oxfordshire OX4 7YG2
£278K10/231.4 mi54, Sparrow Way, Oxford, Oxfordshire OX4 7GE2
£265K06/211.41 mi26, Elder Way, Oxford, Oxfordshire OX4 7GB2
£300K03/241.5 mi28, Frys Hill, Oxford, Oxfordshire OX4 7GW2
£245K08/211.51 mi3, Firs Meadow, Oxford, Oxfordshire OX4 7GR2
£325K03/251.55 mi3, Saxifrage Square, Oxford OX4 7WR2
£130K02/211.56 mi8, Saxifrage Square, Oxford, Oxfordshire OX4 7WR2
£264.3K07/211.58 mi2, Frys Hill, Oxford, Oxfordshire OX4 7GN2
£310.1K06/231.58 mi3, Frys Hill, Oxford, Oxfordshire OX4 7GN2
£305K03/251.6 mi5, Oxeye Court, Oxford OX4 7GQ2
£280.6K12/221.63 mi4, Wayfaring Close, Oxford, Oxfordshire OX4 7WF2
£305K06/211.63 mi2b, Gidley Way, Horspath, Oxford, Oxfordshire OX33 1RQ2
£352K03/251.63 mi2b, Gidley Way, Horspath, Oxford OX33 1RQ2
£325K12/231.66 mi6, Acacia Avenue, Oxford, Oxfordshire OX4 7GY2
£325K02/231.68 mi12, Tern Walk, Oxford, Oxfordshire OX4 7FR2
£255K03/251.69 mi24, Violet Way, Oxford OX4 7WE2
£317.5K02/241.7 mi6, The Green, Horspath, Oxford, Oxfordshire OX33 1RP2
£325K02/211.7 mi4, The Green, Horspath, Oxford, Oxfordshire OX33 1RP2
£380.1K11/241.71 mi27, Manor Drive, Horspath, Oxford OX33 1RW2
£412K02/211.74 mi51, Gidley Way, Horspath, Oxford, Oxfordshire OX33 1RG2
£390K03/251.79 mi26, Butts Road, Horspath, Oxford OX33 1RH2
£230K06/231.81 mi2a, Knights Road, Oxford, Oxfordshire OX4 6DF2
£375K12/221.82 mi34, Butts Road, Horspath, Oxford, Oxfordshire OX33 1RJ2

Local Rents

50 rents from £950/mo to £4K/mo, average is £1.5K/mo.

Rent
Date
Distance
Address
Beds
 
£1,50006/240.3 miWheatley Road, Garsington3
£2,25007/250.34 mi-3
£2,25005/250.34 miOxford Road, Oxford, OX443
£2,25006/250.34 miOxford Road, Oxford, OX443
£1,80006/240.38 miOxford Road, Garsington3
£99505/250.53 miElm Drive, Garsington, OX441
£3,25006/240.82 miSouthend, Garsington, Oxford, OX445
£1,10006/250.91 miLower Road, Garsington, Oxford, Oxfordshire, OX441
£1,35006/251.03 miThe Ridings, Lower Road, Garsington, Oxford, OX442
£1,35007/251.03 miThe Ridings, Lower Road, Garsington, Oxford, OX442
£1,60006/251.07 miOxford Road, Garsington, Oxford, Oxfordshire1
£1,70006/251.1 miOxford Road, Garsington, Oxford, Oxfordshire1
£1,60008/241.11 miBrake Hill, East Oxford, OX42
£1,00007/251.13 miPartridge Walk, OX4 7BZ1
£1,70006/251.14 mi-3
£1,20005/251.14 mi-1
£1,40007/251.15 miColumbine Gardens,Oxford,OX42
£1,55006/241.16 miBrake Hill, Greater Leys, OXFORD3
£2,05006/251.16 miOxford Road, Garsington, Oxford, Oxfordshire1
£95008/241.16 mi-1
£1,05006/251.17 miThree Corners, East Oxford, OX41
£1,80007/241.18 mi-3
£1,75008/241.18 mi-3
£1,50007/241.24 miNorman Smith Road, Oxford, OX43
£1,59507/241.24 miField Avenue, Oxford, OX43
£99504/251.24 miField Avenue, Oxford, OX41
£1,20007/251.25 miWoodpecker Green, OXFORD1
£1,50007/251.25 miWoodpecker Green, OX4 7QW2
£1,90006/251.26 miLobelia Road, Blackbird Leys3
£1,23006/241.27 miHigh Street Cuddesdon Oxford2
£1,10006/241.3 miTeal Close, East Oxford, OX41
£2,99506/251.31 miChippinghurst, OX443
£1,10007/251.31 miCuddesdon, Oxford, OX442
£1,45007/251.31 miGentian Road, Oxford2
£1,85006/251.33 mi-2
£1,53007/251.34 miCollege Field, Cuddesdon, OX443
£1,35006/251.34 miPochard Place, East Oxford, OX42
£2,00007/251.35 miWilmots, Toot Baldon, OX443
£1,59506/251.35 mi, The Runcie Building, Oxford, OX443
£1,75006/241.37 miField Avenue, Oxford, OX43
£1,40006/251.37 miElder Way, Greater Leys, OX42
£1,50006/241.4 miElder Way, Oxford2
£1,40008/241.41 miHobby Court, Oxford2
£1,65003/251.44 mi-3
£1,50009/241.44 miNightingale Avenue, Oxford, OX42
£1,41006/241.44 miThe Runcie Building, Ripon College, Cuddesdon, OX44 9EY2
£4,00006/241.47 mi-6
£1,50006/251.48 miBergamot Place, East Oxford, OX43
£4,00007/241.49 miCuddesdon Road, Horspath, Oxford, OX335
£1,37508/241.5 miAspen Square, East Oxford, OX42

Local Area Statistics

Population in OX44

8,080

Population in Oxford

160,498

Town centre distance

4.92 miles away

Nearest school

0.30 miles away

Nearest train station

3.86 miles away

 

 

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £300,000

July 31, 2024

Floor Plans

Description

  • Period semi detached cottage +
  • In need of updating & refurbishment +
  • Stone built with rendered first floor elevations +
  • Courtyard garden +
  • A green environment with countryside footpaths on the doorstep +
  • Being sold with no onward chain +

Nestled within a tranquil village setting, this charming two-bedroom cottage presents a unique opportunity for those seeking to create a home in a village. Boasting character and potential this period semi-detached property is in need of updating and refurbishment to unlock its full charm.

The exterior of the cottage is a delightful mix of stone construction with rendered first-floor elevations. A courtyard garden offers a private outdoor space, perfect for enjoying the peace and tranquillity of the surroundings. Situated in a verdant environment, peacefully set back behind a small Green in the Conservation area, this property benefits from its proximity to countryside footpaths that beckon exploration and serenity. There are features such as high ceilings, open fireplace, timber latch doors and an attractive outlook.

The village location offers a retreat from the hustle and bustle of city life. A short stroll leads to the village church, an architectural gem steeped in history and tradition, as well as the welcoming doors of The Manor, a local public house offering a cosy spot to socialise and unwind.

Being sold with no onward chain this cottage represents a blank canvas waiting to be transformed into a dream home.

EPC Rating: E

Agent Details

Turner Properties, Oxford

01865 638846

Next Steps?

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