2 Bed Terraced House, Single Let, Oxford, OX3 0PQ, £270,000

29 Oxford Road, Oxfordshire, OX3 0PQ - 3 views - 7 months ago

Sold STC
Auction
BTL
ROI: 4%
38 m²
+3 photos

ValuationOvervalued

Sold Prices£287.5K - £710K
Sold Prices/m²£4.3K/m² - £7.2K/m²

 

 

Square Metres

38.39 m²
Price/m²£7K/m²

Value Estimate

£211,796

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£1,150 - £4,200

Rent Estimate

£1,431

Running Costs/mo

£1,150

Cashflow/mo

£281

Cashflow/yr

£3,372

ROI

4%

Gross Yield

6%

Local Sold Prices

21 sold prices from £287.5K to £710K, average is £365K. £4.3K/m² to £7.2K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£665K11/210.08 mi5, Cannons Field, Marston, Oxford, Oxfordshire OX3 0QR2
£710K11/210.18 miThe Old Stables, 6a, Boults Lane, Marston, Oxford, Oxfordshire OX3 0PW2
£380K09/220.23 mi30, Church Lane, Marston, Oxford, Oxfordshire OX3 0NZ2
£365K12/200.23 mi15, Church Lane, Marston, Oxford, Oxfordshire OX3 0NZ2
£287.5K06/230.23 mi32, Harlow Way, Marston, Oxford, Oxfordshire OX3 0QS2
£335K02/210.27 mi32, Lodge Close, Marston, Oxford, Oxfordshire OX3 0QP2
£320K06/210.28 mi28, Park Way, Marston, Oxford, Oxfordshire OX3 0QH2
£325K01/210.28 mi20, Park Way, Marston, Oxford, Oxfordshire OX3 0QH2
£347.5K08/210.35 mi9a, Haynes Road, Marston, Oxford, Oxfordshire OX3 0SE2
£365.5K03/210.56 mi34, Old Marston Road, Marston, Oxford, Oxfordshire OX3 0JP2
£340K02/210.6 mi34, Croft Road, Marston, Oxford, Oxfordshire OX3 0LA2
£400K06/230.63 mi174a, Copse Lane, Marston, Oxford, Oxfordshire OX3 0AX2
£420.5K01/210.71 mi62, Ambleside Drive, Headington, Oxford, Oxfordshire OX3 0AH2
£435K10/230.73 mi6, Foxwell Drive, Headington, Oxford, Oxfordshire OX3 9QA2
£365K06/210.73 mi44, Lynn Close, Marston, Oxford, Oxfordshire OX3 0JH2
£325.5K10/200.73 mi1, Lynn Close, Marston, Oxford, Oxfordshire OX3 0JH2
£300K11/220.74 mi17, Lynn Close, Marston, Oxford, Oxfordshire OX3 0JH2
£378K02/230.76 mi40, Lynn Close, Marston, Oxford, Oxfordshire OX3 0JH2
£317K05/210.77 mi26a, Meaden Hill, Headington, Oxford, Oxfordshire OX3 9QL2
£375K03/210.85 mi15, Saxon Way, Headington, Oxford, Oxfordshire OX3 9DD2
£427.5K12/200.98 mi52, Ferry Road, Marston, Oxford, Oxfordshire OX3 0EU2

Local Rents

17 rents from £1.1K/mo to £4.2K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50008/240.17 miOxford Oxfordshire2
£1,57506/240.46 mi-2
£1,59506/240.47 mi-2
£1,45006/240.48 miFane Road, Marston, OX32
£2,25008/240.49 miOxford Road, Old Marston, OX32
£1,30006/240.52 miMortimer Drive, Marston, OX32
£1,15002/250.54 mi-2
£1,50003/250.54 mi-2
£3,14001/250.54 mi-2
£1,50008/240.54 miCopse Lane, Marston, OX3 0AT2
£1,37507/240.55 miCopse Lane, Marston, Oxford, Oxfordshire, OX32
£1,55010/240.55 mi-2
£4,20006/240.57 mi-2
£4,20008/240.58 mi-2
£3,70011/240.58 mi-2
£1,90007/240.58 miDora Carr Close, Oxford, Oxfordshire, OX32
£1,50007/240.58 miCromwell Close, Marston, OX32

Local Area Statistics

Population in OX3

43,429

Population in Oxford

160,498

Town centre distance

1.60 miles away

Nearest school

0.20 miles away

Nearest train station

2.03 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £270,000

August 15, 2024

Sold for £90,000

1998

Sold for £74,000

1996

Floor Plans

Description

  • 2 Bedrooms +
  • Entrance Hall +
  • Living Room +
  • Kitchen Dining Room +
  • Bathroom +
  • Garden +

A characteristic two bedroom end of terrace property situated in Old Marston sold with no onwards chain.

Internally you are greeted with a living room, sperate kitchen/diner, utility room and downstairs bathroom. Upstairs you are met with two bedrooms.

Internally this property benefits from original features such as wood flooring and a fireplace, externally there is a well-kept rear garden with a private side access.

This character cottage is located in Old Marston the property is just over a mile from the John Radcliffe Hospital and only 2.5 miles from Oxford City Centre. The property is also less than 1.5 miles from the centre of Headington with access to buses into London.

The property is just 1.5 miles to Headington shops which offer a variety of amenities including cafe's, pubs and high street shops.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers
solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price
including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything
you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation
Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they
will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral
arrangement and payment prior to any services being taken by you.

Agent Details

Andrews Estate Agents, Headington

0117 463 1314

Next Steps?

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