3 Bed Semi-Detached House, Refurb/BRRR, Oxford, OX4 4NQ, £350,000

Alice Smith Square, Littlemore, Oxford, OX4 4NQ - 17 views - 8 months ago

Refurb/BRRR
ROI: 3%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£288K - £523K
Sold Prices/m²£2.8K/m² - £8.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£360,500
BMV3%

 

 

End Value (After Refurb)

£431,520

Uplift in Value

+23%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£41,731

Bridging Loan Interest

£9,188

Total Cash In

£156,868

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£431,520

Mortgage (After Refinance)

£323,640

Mortgage LTV

75%

Cash Released

£61,140

Cash Left In

£95,728

Equity

£107,880

Rent Range

£1,250 - £4,400

Rent Estimate

£2,125

Running Costs/mo

£1,794

Cashflow/mo

£332

Cashflow/yr

£3,978

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £288K to £523K, average is £375K. £2.8K/m² to £8.2K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£348K03/210.09 mi45, Giles Road, Oxford, Oxfordshire OX4 4NW3
£315K05/230.11 mi24, Priory Road, Oxford, Oxfordshire OX4 4NE3
£319K03/230.12 mi60, St Nicholas Road, Oxford, Oxfordshire OX4 4PR3
£352K08/230.13 mi13, Redmoor Close, Oxford, Oxfordshire OX4 4PT3
£453K09/230.18 mi12, Pipley Furlong, Littlemore, Oxford, Oxfordshire OX4 4JW3
£288K08/210.19 mi13, Vicarage Close, Oxford, Oxfordshire OX4 4PL3
£325K04/210.19 mi17, Vicarage Close, Oxford, Oxfordshire OX4 4PL3
£310K05/210.19 mi19, Vicarage Close, Oxford, Oxfordshire OX4 4PL3
£383K12/230.19 mi35, Minchery Road, Oxford, Oxfordshire OX4 4LT3
£438K11/220.21 mi12, Cowley Road, Littlemore, Oxford, Oxfordshire OX4 4JY3
£355K12/220.23 mi63, Minchery Road, Oxford, Oxfordshire OX4 4LU3
£385K04/230.23 mi3, Minchery Farm Cottages, Littlemore, Oxford, Oxfordshire OX4 4YY3
£365K03/220.24 mi36, Lakefield Road, Oxford, Oxfordshire OX4 4LZ3
£395K04/210.24 mi25, Swinbourne Road, Littlemore, Oxford, Oxfordshire OX4 4PQ3
£365K03/210.24 mi48, Lakefield Road, Oxford, Oxfordshire OX4 4LZ3
£300K12/200.26 mi48, Marlborough Close, Littlemore, Oxford, Oxfordshire OX4 4PH3
£310K12/200.26 mi44, Long Lane, Oxford, Oxfordshire OX4 3TW3
£375K06/230.26 mi16, Long Lane, Oxford, Oxfordshire OX4 3TW3
£450K12/220.26 mi6, Long Lane, Oxford, Oxfordshire OX4 3TW3
£420K03/240.27 mi39, Long Lane, Oxford, Oxfordshire OX4 3TN3
£370K12/220.28 mi118, Herschel Crescent, Oxford, Oxfordshire OX4 3TU3
£523K03/210.28 mi6, David Nicholls Close, Littlemore, Oxford, Oxfordshire OX4 4QX3
£445K12/220.29 mi96, Herschel Crescent, Oxford, Oxfordshire OX4 3TU3
£360K01/210.29 mi79, Herschel Crescent, Oxford, Oxfordshire OX4 3TT3
£375K01/210.29 mi67, Herschel Crescent, Oxford, Oxfordshire OX4 3TT3
£415K04/230.29 mi101, Herschel Crescent, Oxford, Oxfordshire OX4 3TT3
£400K04/240.3 mi24, Bampton Close, Oxford, Oxfordshire OX4 6NN3
£395K04/230.32 mi45, Herschel Crescent, Oxford, Oxfordshire OX4 3TS3
£330K03/230.33 mi7, Oxford Road, Littlemore, Oxford, Oxfordshire OX4 4PF3
£429K07/230.33 mi52, Bodley Road, Littlemore, Oxford, Oxfordshire OX4 3UA3
£375K01/210.34 mi35, Oxford Road, Littlemore, Oxford, Oxfordshire OX4 4PF3
£362.5K11/200.34 mi18, Bodley Road, Littlemore, Oxford, Oxfordshire OX4 3UA3
£403K01/240.35 mi104, Cowley Road, Littlemore, Oxford, Oxfordshire OX4 3TJ3
£330K07/210.35 mi24, Cardinal Close, Oxford, Oxfordshire OX4 3UE3
£330K09/210.35 mi30, Cardinal Close, Oxford, Oxfordshire OX4 3UE3
£327K12/230.35 mi21, Sandford Road, Littlemore, Oxford, Oxfordshire OX4 4PU3
£407K12/220.36 mi16, Newman Road, Oxford, Oxfordshire OX4 3UJ3
£380K07/230.36 mi51, Bodley Road, Littlemore, Oxford, Oxfordshire OX4 3UB3
£425K07/230.36 mi41, Bodley Road, Littlemore, Oxford, Oxfordshire OX4 3UB3
£410K08/230.37 mi11, Newman Road, Oxford, Oxfordshire OX4 3UJ3
£435K07/230.4 mi153, Herschel Crescent, Oxford, Oxfordshire OX4 3TX3
£362K05/230.41 mi148, Herschel Crescent, Oxford, Oxfordshire OX4 3TY3
£495K05/230.41 mi172, Herschel Crescent, Oxford, Oxfordshire OX4 3TY3
£375K01/210.41 mi126, Herschel Crescent, Oxford, Oxfordshire OX4 3TY3
£375K01/210.42 mi126, Herschel Crescent, Oxford, Oxfordshire OX4 3TY3
£475K11/200.42 mi12, Chapel Lane, Littlemore, Oxford, Oxfordshire OX4 4QB3
£360K03/210.42 mi8, Chapel Lane, Littlemore, Oxford, Oxfordshire OX4 4QB3
£325K11/230.42 mi27, Linnet Close, Oxford, Oxfordshire OX4 6EL3
£392.5K03/210.42 mi14, Van Diemans Lane, Oxford, Oxfordshire OX4 3QA3
£388K12/200.42 mi188, Herschel Crescent, Oxford, Oxfordshire OX4 3TZ3

Local Rents

37 rents from £1.3K/mo to £4.4K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,75007/240.02 mi-3
£1,75006/240.02 miAlice Smith Square, Oxford, OX43
£1,85007/240.13 miRedmoor Close, Littlemore3
£3,46706/240.15 mi-3
£3,46706/240.15 miCarpenter Close, Oxford, OX43
£1,60006/240.17 miMinchery Road, Oxford, OX43
£2,40007/240.2 miHMO licence with 3 DOUBLE bedrooms3
£1,90006/240.26 miLittlemore, Oxford, OX43
£2,10012/240.26 mi-3
£4,40004/240.26 mi-3
£1,25008/240.26 miElm Tree, Littlemore, OX43
£1,60006/240.27 miLong Lane, Littlemore, Oxford3
£1,60007/240.27 miHerschel Crescent, OXFORD3
£1,65003/250.37 mi-3
£1,80006/240.4 miLittle Field, Oxford3
£4,33302/240.4 mi-3
£3,20006/240.4 mi-3
£2,00010/240.4 mi-3
£2,10012/240.4 mi-3
£2,00002/250.4 mi-3
£3,20003/250.4 mi-3
£1,60007/240.41 miBartholomew Road, East Oxford, OX43
£1,75007/240.41 miBartholomew Road, East Oxford, OX43
£1,70006/240.43 miHerschel Crescent, Oxford, Oxfordshire, OX43
£1,75006/240.46 miHendred Street *Student* 3 Double Bedrooms OX4 2EE3
£1,80001/250.48 mi-3
£1,60003/250.5 mi-3
£1,59003/250.5 mi-3
£2,20003/250.5 mi-3
£1,80003/250.5 mi-3
£1,55006/240.52 miBartholomew Road, East Oxford, OX43
£2,00006/240.53 miHillsborough Road, OXFORD3
£1,80006/240.55 miDashwood Road, East Oxford, OX43
£1,75004/240.58 mi-3
£2,10002/250.59 mi-3
£1,70006/240.6 miCottesmore Road, OXFORD, Oxfordshire3
£1,80006/240.61 mi-3

Local Area Statistics

Population in OX4

61,985

Population in Oxford

160,498

Town centre distance

2.92 miles away

Nearest school

0.10 miles away

Nearest train station

2.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £350,000

August 8, 2024

Floor Plans

Description

  • Three Bedrooms +
  • No Onward Chain +
  • Driveway Parking +
  • Potential To Extend Subject To Planning +
  • Ideal Renovation Home +

SUMMARY
An ideal three bedroom home with great potential for renovation and extension subject to planning. Being sold with no onward chain.

DESCRIPTION
Allen & Harris are proud to offer this three bedroom semi-detached property located in Littlemore. The property is offered with no onward chain, a generous siting/dining room, ample driveway with garage.

To the first floor are three bedrooms and a family bathroom. To the rear is a pleasant and established garden, the property offers potential to extend subject to planning.

Agents Note
This property has an offer accepted subject to contract but is still currently available to view.

Entrance Hall 

Living Room 

Kitchen 

Bedroom One 

Bedroom Two 

Bedroom Three 

Bathroom 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Allen & Harris, Oxford

01865 638996

Next Steps?

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