3 Bed Semi-Detached House, Refurb/BRRR, Witney, OX28 5GG, £350,000

Broadway Close, Witney, OX28 5GG - 9 months ago

Sold STC
Refurb/BRRR
~96 m²
+5 photos

ValuationFair Value

Sold Prices£240K - £603K
Sold Prices/m²£2.8K/m² - £10.5K/m²

 

 

Square Metres

~96.40 m²
Price/m²£3.6K/m²

Value Estimate

£350,000

 

 

End Value (After Refurb)

£419,457

Uplift in Value

+20%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£42,292

Bridging Loan Interest

£9,188

Total Cash In

£157,429

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£419,457

Mortgage (After Refinance)

£314,592

Mortgage LTV

75%

Cash Released

£52,092

Cash Left In

£105,337

Equity

£104,864

Rent Range

£1,350 - £1,875

Rent Estimate

£1,564

Running Costs/mo

£1,644

Cashflow/mo

£-80

Cashflow/yr

£-955

Gross Yield

5%

Local Sold Prices

50 sold prices from £240K to £603K, average is £345K. £2.8K/m² to £10.5K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£375K12/200.04 mi7, Broadway Close, Witney, Oxfordshire OX28 5GG3
£385K11/200.04 mi5, Broadway Close, Witney, Oxfordshire OX28 5GG3
£342K05/230.04 mi44, Broadway Close, Witney, Oxfordshire OX28 5GG3
£428K09/230.05 mi4, Tetbury Drive, Witney, Oxfordshire OX28 5GF3
£285K01/230.11 mi36, Snowshill Drive, Witney, Oxfordshire OX28 5GT3
£240K01/210.11 mi26, Campden Close, Witney, Oxfordshire OX28 5YH3
£305K12/200.11 mi1, Painswick Close, Witney, Oxfordshire OX28 5FX3
£345K12/200.15 mi35, Snowshill Drive, Witney, Oxfordshire OX28 5GS3
£350K10/210.17 mi15, Chedworth Drive, Witney, Oxfordshire OX28 5FS3
£315K08/210.25 mi26, Apley Way, Witney, Oxfordshire OX28 5BG3
£330K05/210.3 mi24, Bibury Close, Witney, Oxfordshire OX28 5GB3
£385K09/220.31 mi38, Bibury Close, Witney, Oxfordshire OX28 5GB3
£470K12/220.36 mi30, Tower Hill, Witney, Oxfordshire OX28 5ER3
£345K11/220.38 mi18, Stow Avenue, Witney, Oxfordshire OX28 5GR3
£265K04/210.39 mi25, Bourton Close, Witney, Oxfordshire OX28 5FN3
£290K10/220.42 mi16, Mirfield Road, Witney, Oxfordshire OX28 5BA3
£353K02/210.42 mi94, Tower Hill, Witney, Oxfordshire OX28 5ES3
£458K03/210.43 miGreystones, Burford Road, Minster Lovell, Witney, Oxfordshire OX29 0RD3
£260K03/210.43 mi114, Bourton Close, Witney, Oxfordshire OX28 5FW3
£265K07/210.44 mi33, Rissington Drive, Witney, Oxfordshire OX28 5FG3
£379.8K07/230.44 mi52, Westcote Close, Witney, Oxfordshire OX28 5FF3
£311.4K01/210.44 mi50, Westcote Close, Witney, Oxfordshire OX28 5FF3
£307.5K12/200.44 mi39, Westcote Close, Witney, Oxfordshire OX28 5FF3
£340K04/230.44 mi18, Westcote Close, Witney, Oxfordshire OX28 5FF3
£325K02/230.44 mi5, Westcote Close, Witney, Oxfordshire OX28 5FF3
£340K01/210.45 mi17, Wilkinson Place, Witney, Oxfordshire OX28 6JT3
£603K01/230.45 mi73, Burford Road, Witney, Oxfordshire OX28 6DR3
£422.5K10/210.45 mi59, Burford Road, Witney, Oxfordshire OX28 6DR3
£425K03/210.45 mi67, Burford Road, Witney, Oxfordshire OX28 6DR3
£310K10/220.45 mi16, Donnington Close, Witney, Oxfordshire OX28 5FR3
£375K06/210.47 mi31, Ralegh Crescent, Witney, Oxfordshire OX28 5FD3
£327.5K03/230.47 mi50, Ralegh Crescent, Witney, Oxfordshire OX28 5FD3
£247K08/210.47 mi28, Park Road, Witney, Oxfordshire OX28 6EN3
£345K08/230.5 mi44, Idbury Close, Witney, Oxfordshire OX28 5FE3
£325K08/230.52 mi61, Mirfield Road, Witney, Oxfordshire OX28 5BH3
£585K01/230.53 mi47, Beech Road, Witney, Oxfordshire OX28 6LP3
£307K12/200.55 mi4, Cornfield Close, Witney, Oxfordshire OX28 5BU3
£382.5K10/220.55 mi2, Cornfield Close, Witney, Oxfordshire OX28 5BU3
£340K01/210.55 mi18, Beech Road, Witney, Oxfordshire OX28 6LW3
£485K01/210.57 mi52, Burford Road, Witney, Oxfordshire OX28 6DJ3
£360K06/210.58 mi25, Dene Rise, Witney, Oxfordshire OX28 6LU3
£335K05/210.58 mi5, Dene Rise, Witney, Oxfordshire OX28 6LU3
£495K03/210.61 mi38, Davenport Road, Witney, Oxfordshire OX28 6EJ3
£400K12/220.61 mi113, Thorney Leys, Witney, Oxfordshire OX28 5NS3
£420K08/230.61 mi33, Moorland Close, Witney, Oxfordshire OX28 6LN3
£285K04/210.63 mi5, Walnut Close, Witney, Oxfordshire OX28 5XH3
£391.6K02/230.63 mi22, Walnut Close, Witney, Oxfordshire OX28 5XH3
£427.5K05/230.65 mi233, Thorney Leys, Witney, Oxfordshire OX28 5NY3
£387.5K11/230.65 mi20, Fairfield Drive, Witney, Oxfordshire OX28 5LB3
£580K11/220.66 mi43, Burford Road, Witney, Oxfordshire OX28 6DP3

Local Rents

44 rents from £1.4K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,70007/240.03 miBroadway Close, Witney, Oxfordshire, OX283
£1,40006/240.08 miBroadway Close, Witney, Oxfordshire, OX283
£1,35009/240.47 miRalegh Crescent, Witney3
£1,50006/240.51 miBarrington Close, Witney, Oxfordshire, OX283
£1,70012/240.52 miOlley Crescent, Witney, West Oxfordshire, OX293
£1,40008/240.52 miBarrington Close, WITNEY3
£1,45006/240.57 miWinfield Drive, Witney, OX293
£1,60006/240.61 miCotswold Meadow, Deer Park, Witney, Oxfordshire, OX283
£1,60006/240.65 miThorney Leys, Witney, Oxfordshire3
£1,87506/240.71 miMary Ellis Way, Witney3
£1,45007/240.8 miQueen Emmas Dyke, Witney, Oxon, OX28 4EU3
£1,70008/240.81 miAbbey Road, Witney, Oxfordshire, OX283
£1,80006/240.82 miWheatfield Drive, Curbridge, Witney, Oxfordshire, OX293
£1,40009/240.83 miOrchard Way, Witney3
£1,55006/240.83 miMeadow Lane, Witney, Oxfordshire, OX283
£1,80006/240.83 miWitney, Oxfordshire, OX293
£1,55007/240.84 miBurwell Drive, Witney3
£1,65006/240.85 miWheatfield Drive, Witney, OX293
£1,72507/240.85 miCorndell Gardens, Witney3
£1,51006/240.87 miStenter Mews, Witney, Oxfordshire3
£1,69506/240.88 miCorn Street, Witney3
£1,85001/240.91 mi-3
£1,60006/240.93 miThe Crofts, Witney, Oxfordshire, OX283
£1,45007/240.94 miWoodford Way, Witney, OX283
£1,45006/240.94 miWeavers Close, Witney3
£1,45006/240.95 miAshcombe Crescent, Witney3
£1,55008/240.97 miThe Crofts, Central Witney3
£1,50006/240.99 miQuarry Road, Witney, Oxfordshire3
£1,60008/241.04 miColwell Drive, Burwell, OX283
£1,70007/241.04 miWilmott Close, Witney, OX283
£1,40007/241.04 miColwell Drive, Witney, Oxfordshire3
£1,40007/241.04 miColwell Drive, Witney, Oxfordshire3
£1,43007/241.04 miColwell Drive, Witney, Oxfordshire3
£1,65004/251.08 mi-3
£1,42508/241.1 miSchofield Avenue, Witney3
£1,57508/241.11 miWest End, Witney3
£1,40006/241.14 miFarmers Close, Witney, Oxfordshire, OX283
£1,50004/251.16 mi-3
£1,70012/241.17 miSteep Hill, Crawley, OX293
£1,35006/241.19 mi-3
£1,65008/241.22 miWest End Witney3
£1,70006/241.23 miLangdale Gate, Witney3
£1,40011/241.23 mi-3
£1,55006/241.24 miFarmers Close, Witney, Oxfordshire, OX283

Local Area Statistics

Population in OX28

27,576

Population in Witney

50,632

Town centre distance

0.89 miles away

Nearest school

0.20 miles away

Nearest train station

4.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £350,000

August 8, 2024

Floor Plans

Description

  • Entrance Hall +
  • Living Room +
  • Kitchen/Dining Room +
  • Utility Room +
  • 3 Bedrooms +
  • Ensuite & Family Bathroom +
  • Double Glazing & Gas Central Heating +
  • Gardens +
  • Garage & Driveway Parking +
  • No Onward Chain +

A 3 bedroom semi detached house, with a garage, driveway parking and private gardens. The property is situated in the popular Deer Park area of Witney and offers spacious accommodation to include an entrance hall, living room, kitchen/dining room & a utility room, together with 3 bedrooms, an ensuite, family bathroom, double glazing and gas central heating Please note: The property is in need of some updating. Available for sale with no onward chain. Council Band D. EPC Rating: 71/C.

Agent Details

Thomas Merrifield, Witney

01993 772000

Next Steps?

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