4 Bed Bungalow, Refurb/BRRR, Oxford, OX1 5RR, £425,000

Cranbrook Drive, Kennington, OX1 5RR - 14 views - 7 months ago

Sold STC
Refurb/BRRR
~129 m²
+5 photos

ValuationUndervalued

Sold Prices£445K - £1000K
Sold Prices/m²£3.4K/m² - £7.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.3K/m²

Value Estimate

£437,750
BMV3%

 

 

End Value (After Refurb)

£589,335

Uplift in Value

+39%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£57,691

Bridging Loan Interest

£11,156

Total Cash In

£199,548

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£589,335

Agent Fees (1%)

£5,893

Bridging Loan

£318,750

Bridging Loan Interest

£11,156

Flip Profit

£65,144

Local Sold Prices

23 sold prices from £445K to £1000K, average is £600K. £3.4K/m² to £7.4K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£509.9K01/210.03 mi19, Cranbrook Drive, Kennington, Oxford, Oxfordshire OX1 5RR4
£515K03/210.1 mi10, Manor Grove, Kennington, Oxford, Oxfordshire OX1 5QY4
£655K12/220.15 mi109, The Avenue, Kennington, Oxford, Oxfordshire OX1 5QZ4
£445K05/210.23 mi54, Meadow View Road, Kennington, Oxford, Oxfordshire OX1 5QX4
£482.5K09/230.23 mi85, Meadow View Road, Kennington, Oxford, Oxfordshire OX1 5QX4
£635K01/210.24 mi23, Sandford Lane, Kennington, Oxford, Oxfordshire OX1 5RW4
£535K12/200.24 mi39, Sandford Lane, Kennington, Oxford, Oxfordshire OX1 5RW4
£460K05/230.25 mi113, Poplar Grove, Kennington, Oxford, Oxfordshire OX1 5QR4
£650K06/210.25 mi15, Simpsons Way, Kennington, Oxford, Oxfordshire OX1 5RZ4
£520K01/230.26 mi68, The Avenue, Kennington, Oxford, Oxfordshire OX1 5PR4
£580K04/230.42 mi6, Grundy Crescent, Kennington, Oxford, Oxfordshire OX1 5PS4
£577K04/230.42 mi4, Grundy Crescent, Kennington, Oxford, Oxfordshire OX1 5PS4
£655K11/230.42 mi19, Grundy Crescent, Kennington, Oxford, Oxfordshire OX1 5PS4
£600K08/210.47 mi25, Sugworth Crescent, Radley, Abingdon, Oxfordshire OX14 2JR4
£1000K10/210.49 mi33, Bagley Wood Road, Kennington, Oxford, Oxfordshire OX1 5LY4
£780K10/230.51 mi140, Church Road, Sandford On Thames, Oxford, Oxfordshire OX4 4YB4
£668K03/210.56 mi105, Church Road, Sandford On Thames, Oxford, Oxfordshire OX4 4YA4
£735K12/220.6 mi221, Kennington Road, Kennington, Oxford, Oxfordshire OX1 5PG4
£660K09/220.61 mi14, Woodcroft, Kennington, Oxford, Oxfordshire OX1 5NH4
£575K06/210.86 mi113, Kennington Road, Kennington, Oxford, Oxfordshire OX1 5PE4
£775K03/230.87 mi96, Kennington Road, Kennington, Oxford, Oxfordshire OX1 5PE4
£692K07/230.87 mi135, Kennington Road, Kennington, Oxford, Oxfordshire OX1 5PE4
£525K02/210.94 mi12, Sugworth Lane, Radley, Abingdon, Oxfordshire OX14 2HY4

Local Rents

25 rents from £1.4K/mo to £4.4K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65006/240.02 miKennington, Oxford, OX13
£1,80007/240.05 miKennington, Oxford, OX13
£1,70007/240.19 miLinks Road, Kennington, OX13
£2,50007/240.31 miCurmore, Radley, Abingdon, Oxfordshire, OX143
£2,10006/240.32 miParkehill, Radley, OX143
£1,65006/240.4 miFurther Wore, Radley3
£2,50006/240.49 mi-3
£1,90007/240.74 miKennington, Oxfordshire, OX14
£1,70006/240.83 miJanaway, Littlemore3
£1,70009/240.83 miJanaway, Littlemore3
£1,80007/240.87 miKennington Road, Kennington3
£1,75008/240.89 miBagley Close, Oxfordshire, Oxford3
£1,95008/240.91 miWycombe Close, Littlemore, OX43
£2,25011/240.92 mi-4
£2,45002/240.93 mi-3
£1,69507/240.94 miSugworth Lane, Radley3
£2,35006/240.98 miMogridge Drive, East Oxford, OX45
£1,35006/240.98 miColley Wood Kennington OX13
£1,60006/241.08 miClinton Close, East Oxford, OX44
£2,20011/241.12 mi-3
£1,85007/241.12 miWilliamson Way, OXFORD3
£1,80002/251.15 mi-3
£1,70006/241.18 miCottesmore Road, OXFORD, Oxfordshire3
£4,40004/241.21 mi-3
£1,90006/241.23 miLittlemore, Oxford, OX43

Local Area Statistics

Population in OX1

25,508

Population in Oxford

160,498

Town centre distance

3.28 miles away

Nearest school

0.40 miles away

Nearest train station

1.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+20%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £425,000

August 4, 2024

Floor Plans

Description

  • For sale with no onward chain, a four bedroom detached bungalow in need of modernisation. +
  • Gas central heating, UPVC double glazing. +
  • Family bathroom and separate WC. +
  • Walking distance to the No.35 bus route serving Abingdon and Oxford. +
  • Rear garden photos to follow once clearance complete. +

A four bedroom detached bungalow in the village of Kennington. Kennington can be found on the outskirts of South Oxford. There is a primary school, a selection of shops, pub, church and various social clubs. In addition there is regular public transport to both Abingdon and Oxford. Road and rail communications are good with mainline stations at Oxford and Didcot The nearby A34 provides access to the M4 and the M40 motorways.

EPC Rating: E

Agent Details

Simpsons, Abingdon

01235 642158

Next Steps?

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