2 Bed Flat, Single Let, Oxford, OX4 4QF £250,000

Lawn Upton Close, Oxford, OX4 4QF - a year ago
Under Offer
Leasehold
Auction
BTL
ROI: 4%
~65 m²
Property image
Property image

ValuationUndervalued

Sold Prices£140K - £440K
Sold Prices/m²£2.1K/m² - £6.1K/m²

 

 

Square Metres

~65.20 m²
Price/m²£3.8K/m²

Value Estimate

£271,249
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£16,200

Total Cash In

£78,700

 

 

Cash Out

 

Rent Range

£1,340 - £2,395

Rent Estimate

£1,350

Running Costs/mo

£1,071

Cashflow/mo

£279

Cashflow/yr

£3,345

ROI

4%

Gross Yield

6%

Local Sold Prices

31 sold prices from £140K to £440K, average is £270K. £2.1K/m² to £6.1K/m², average is £4.2K/m².

Price
Date
Distance
Address
Beds
 
£350K12/220.04 mi4, Lawn Upton Close, Littlemore, Oxford, Oxfordshire OX4 4QF2
£327.5K10/220.04 mi6, Lawn Upton Close, Littlemore, Oxford, Oxfordshire OX4 4QF2
£140K05/250.06 mi128, Medhurst Way, Oxford OX4 4NY2
£140K05/250.06 mi128, Medhurst Way, Oxford OX4 4NY2
£268K08/250.08 mi34, Medhurst Way, Oxford OX4 4NY2
£240K10/230.11 mi42, St Nicholas Road, Oxford, Oxfordshire OX4 4PP2
£285K11/220.13 mi38, Medhurst Way, Littlemore, Oxford, Oxfordshire OX4 4NY2
£300K12/220.14 mi7, Blewitt Court, Littlemore, Oxford, Oxfordshire OX4 4PB2
£352.5K01/250.23 miSt Georges Manor, 48, Mandelbrote Drive, Oxford OX4 4TW2
£362.5K12/240.23 miSt Georges Manor, 44, Mandelbrote Drive, Oxford OX4 4TW2
£260K07/230.48 mi10b, Hillsborough Close, Oxford, Oxfordshire OX4 3SN2
£310K08/250.48 mi9b, Hillsborough Close, Oxford OX4 3SN2
£265K04/240.52 mi44, Nowell Road, Oxford OX4 4TA2
£250K04/250.52 mi17a, Desborough Crescent, Oxford OX4 4UB2
£250K04/250.52 mi17a, Desborough Crescent, Oxford OX4 4UB2
£256.2K11/220.63 mi30, Kelburne Road, Oxford, Oxfordshire OX4 3SJ2
£225K02/250.66 mi6, Costar Close, Oxford OX4 6JX2
£191K11/220.68 mi50, Wykeham Crescent, Oxford, Oxfordshire OX4 3SB2
£285K04/230.69 mi1, Pulker Close, Oxford, Oxfordshire OX4 3LG2
£290K03/250.69 mi45, Wykeham Crescent, Oxford, Oxfordshire OX4 3SD2
£260K06/230.69 mi29, Wykeham Crescent, Oxford, Oxfordshire OX4 3SD2
£280K10/240.7 mi64, Wykeham Crescent, Oxford OX4 3SB2
£270K02/250.71 mi33, Wykeham Crescent, Oxford OX4 3SD2
£290K03/250.72 mi45, Wykeham Crescent, Oxford OX4 3SD2
£223.5K09/230.77 mi63, Kersington Crescent, Cowley, Oxford, Oxfordshire OX4 3RJ2
£225K09/230.77 mi53, Kersington Crescent, Cowley, Oxford, Oxfordshire OX4 3RJ2
£425K03/250.82 miApartment 10, Krebs Gardens, Oxford OX4 4GZ2
£425K03/250.82 miApartment 10, Krebs Gardens, Oxford OX4 4GZ2
£221K12/240.86 mi49, Birchfield Close, Oxford OX4 6DL2
£440K05/250.96 mi109, Church Road, Sandford-on-thames, Oxford OX4 4YA2
£440K05/250.96 mi109, Church Road, Sandford-on-thames, Oxford OX4 4YA2

Local Rents

50 rents from £1.3K/mo to £2.4K/mo, average is £1.5K/mo.

Rent
Date
Distance
Address
Beds
 
£1,50007/250.03 miLittlemore, Oxford Epc Rating B2
£1,70007/250.03 miLanham Way, Oxford, Oxford, Oxford, OX42
£2,39508/240.04 miLawn Upton Close, Littlemore, Oxford, OX42
£1,50012/240.08 mi-2
£1,45007/240.08 miMedhurst Way, Littlemore2
£1,45006/250.08 miMedhurst Way, Littlemore, Oxford, Oxfordshire, OX42
£1,60009/250.08 miMedhurst Way, Littlemore2
£1,57509/250.08 miMedhurst Way, Littlemore2
£1,60009/250.08 miMedhurst Way, Littlemore, OXFORD, OX42
£1,40009/240.08 miMedhurst Way, Littlemore2
£1,50006/250.08 miMedhurst Way, Littlemore2
£1,40011/250.08 miMedhurst Way, Littlemore2
£1,59506/250.09 miLanham Way, Oxford, Oxfordshire, OX42
£1,50007/250.12 miGrange Road, Oxford, OX42
£1,35007/250.12 miBarberi Close, East Oxford, OX42
£1,45001/250.13 mi-2
£1,45007/250.13 miGrange Road, Littlemore, OX42
£1,42508/250.13 miLittlemore, Oxford2
£1,49508/250.14 miLakefield Road, Littlemore2
£1,42511/250.14 miLakefield Road, Littlemore2
£1,42510/250.15 miLakefield Road, East Oxford, OX42
£1,90002/250.15 mi-2
£1,34009/240.15 miSt Georges Manor Mandlebrote Drive2
£1,60009/250.15 miSt Georges Manor, Mandelbrote Drive, Oxford, OX4 2
£1,45011/250.16 miSt Georges Manor, Littlemore, OX4 4XG2
£1,35006/240.16 miLakefield Road, East Oxford, OX42
£1,65011/250.17 miChapel Lane, Oxford2
£1,35007/240.17 miMarlborough Close, Littlemore, OXFORD2
£1,65008/240.17 miMandelbrote Drive, Littlemore2
£1,60007/250.17 miSt Georges Manor, Mandelbrote Drive, Littlemore, Oxford, OX42
£1,50008/250.18 miDudgeon Drive, OXFORD2
£1,52507/240.18 miMandelbrote Drive, Littlemore2
£1,50006/240.18 miRadcliffe House, Littlemore2
£1,60006/250.18 miRadcliffe House, Littlemore2
£1,45008/240.19 miRadcliffe House Mandelbrote Drive, Littlemore, Oxford, Oxfordshire, OX42
£1,45008/240.19 mi19 Radcliffe House Mandelbrote Drive, Littlemore, Oxford2
£1,45008/250.19 mi19 Radcliffe House Mandelbrote Drive, Littlemore, Oxford2
£1,45009/250.19 miRadcliffe House Mandelbrote Drive2
£1,50008/240.19 mi-2
£1,35008/240.19 miCollege Lane, Oxford2
£1,35006/250.19 miCollege Lane, Oxford2
£1,60006/240.2 miSt Georges Manor, Mandelbrote Drive, OX42
£1,40007/240.21 miSt Georges Manor, Littlemore2
£1,55008/240.21 miSt Georges Manor, Littlemore, OX42
£1,60009/250.21 miSt Georges Manor, Littlemore, OX42
£1,60008/250.23 miPipley Furlong, Littlemore2
£1,85007/250.29 miLittlemore, Oxford, OX42
£1,85007/250.29 mi-2
£2,00009/250.32 miLittlemore, Oxford, OX42
£1,39505/240.36 mi-2

Local Area Statistics

Population in OX4

61,985

Population in Oxford

160,498

Town centre distance

2.86 miles away

Nearest school

0.10 miles away

Nearest train station

2.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-37%

Sales demand

Buyer's market

Capital growth (5yrs)

+17%

Property History

Listed for £250,000

September 6, 2024

Floor Plans

Property image

Description

  • First-Time Buyer Purchase options available +
  • Offers considered prior to Auction +
  • Reservation Fee Applies +
  • MMOA T&Cs +
  • First Floor Apartment +
  • Open Plan Kitchen/Sitting Room +
  • Two Bedrooms +
  • Ensuite +
  • Family Bathroom +
  • Balcony +

A modern and airy two bedroom first floor apartment located within a sought after gated development in Littlemore.
Accessed via a communal stairway, this bright and appealing first floor apartment comprises an inviting open plan kitchen/sitting room, a principal bedroom with Ensuite shower room, a second bedroom, and a family bathroom.
Additionally, the apartment also features a private balcony, perfect for relaxing on a warm evening, and a designated parking space for one car.

Outside

Allocated Parking and communal grounds.

Situation

Littlemore has a strong sense of community spirit, and is home to a local store, Post Office, church, and public house. The closest supermarkets are Sainsbury's at Heyford Hill and Tesco at Cowley Retail Park, both of which are easily accessible.
Littlemore is ideally placed for Oxford Science Park, the BMW Mini Plant, and the Oxford Ring Road to the A34 and M40. There are regular bus services to Oxford City Centre, and from there, frequent rail and coach services to London. Property Ref Number: HAM-54371

Additional Information

Local Authority: Oxford City Council
Council Tax Band: C
Lease expires: 150 years from 1st July 2014
Ground rent per annum: £300
Service charge per annum: £1962.41

For broadband availability and mobile service coverage, please check the Ofcom Mobile and Broadband checker online.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT.

This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Agent Details

Hamptons, Oxford

01865 638729

Next Steps?

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