3 Bed Semi-Detached House, Refurb/BRRR, Oxford, OX1 5LX, £399,000

Rowles Close, Kennington, OX1 5LX - 6 months ago

Sold STC
Refurb/BRRR
~116 m²
+8 photos

ValuationUndervalued

Sold Prices£301K - £650K
Sold Prices/m²£3.6K/m² - £7.8K/m²

 

 

Square Metres

~116 m²
Price/m²£3.4K/m²

Value Estimate

£410,970
BMV3%

 

 

End Value (After Refurb)

£557,692

Uplift in Value

+40%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£99,750

Stamp Duty & Legal Fees

£20,620

Refurb Costs

£51,774

Bridging Loan Interest

£10,474

Total Cash In

£184,368

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£557,692

Agent Fees (1%)

£5,577

Bridging Loan

£299,250

Bridging Loan Interest

£10,474

Flip Profit

£68,497

Local Sold Prices

50 sold prices from £301K to £650K, average is £426.5K. £3.6K/m² to £7.8K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£460K10/220.01 mi14, Rowles Close, Kennington, Oxford, Oxfordshire OX1 5LX3
£357.5K01/210.01 mi22, Rowles Close, Kennington, Oxford, Oxfordshire OX1 5LX3
£425K04/230.01 mi8, Rowles Close, Kennington, Oxford, Oxfordshire OX1 5LX3
£420K10/230.06 mi167, Kennington Road, Kennington, Oxford, Oxfordshire OX1 5PG3
£535K09/230.06 mi210, Kennington Road, Kennington, Oxford, Oxfordshire OX1 5PG3
£325K12/220.06 mi15, Edward Road, Kennington, Oxford, Oxfordshire OX1 5LH3
£395K12/220.1 mi1, Bagley Wood Road, Kennington, Oxford, Oxfordshire OX1 5PL3
£428K09/220.13 mi160, Upper Road, Kennington, Oxford, Oxfordshire OX1 5LW3
£473K06/230.14 mi7, Bagley Close, Kennington, Oxford, Oxfordshire OX1 5LS3
£650K12/220.14 mi21, Bagley Close, Kennington, Oxford, Oxfordshire OX1 5LS3
£460K06/210.14 mi10, Ross Court, Kennington, Oxford, Oxfordshire OX1 5AD3
£650K10/220.16 mi19, Woodcroft, Kennington, Oxford, Oxfordshire OX1 5NH3
£425K06/220.17 mi20, Bagley Close, Kennington, Oxford, Oxfordshire OX1 5LT3
£590K11/220.18 mi2, Blackman Close, Kennington, Oxford, Oxfordshire OX1 5NU3
£301K04/210.2 mi7, Otters Reach, Kennington, Oxford, Oxfordshire OX1 5QL3
£383.5K04/210.2 mi114, Upper Road, Kennington, Oxford, Oxfordshire OX1 5LW3
£365K10/200.2 mi112, Upper Road, Kennington, Oxford, Oxfordshire OX1 5LW3
£565K04/240.2 mi109, Upper Road, Kennington, Oxford, Oxfordshire OX1 5LW3
£406K08/230.2 mi106, Upper Road, Kennington, Oxford, Oxfordshire OX1 5LW3
£440K04/210.2 miMagdalen House, Kennington Road, Kennington, Oxford, Oxfordshire OX1 5PE3
£325K10/200.21 mi63, Bagley Close, Kennington, Oxford, Oxfordshire OX1 5LT3
£381.8K06/210.21 mi93, Bagley Close, Kennington, Oxford, Oxfordshire OX1 5LT3
£390K10/220.24 mi12, Poplar Grove, Kennington, Oxford, Oxfordshire OX1 5QW3
£483.5K09/210.26 mi35, Poplar Grove, Kennington, Oxford, Oxfordshire OX1 5QN3
£480K01/210.26 mi67, Poplar Grove, Kennington, Oxford, Oxfordshire OX1 5QN3
£510K09/220.26 mi71, Poplar Grove, Kennington, Oxford, Oxfordshire OX1 5QN3
£360K06/210.27 mi60, Poplar Grove, Kennington, Oxford, Oxfordshire OX1 5QW3
£440K11/200.29 mi27, The Avenue, Kennington, Oxford, Oxfordshire OX1 5PP3
£380K11/200.29 mi69, The Avenue, Kennington, Oxford, Oxfordshire OX1 5PP3
£480K01/210.29 mi39, The Avenue, Kennington, Oxford, Oxfordshire OX1 5PP3
£495K09/210.37 mi16, Colley Wood, Kennington, Oxford, Oxfordshire OX1 5NF3
£495K03/230.37 mi31, Colley Wood, Kennington, Oxford, Oxfordshire OX1 5NF3
£435K01/210.37 mi35, Colley Wood, Kennington, Oxford, Oxfordshire OX1 5NF3
£638.5K08/220.39 miNomad, Jackson Drive, Kennington, Oxford, Oxfordshire OX1 5LL3
£396K12/220.39 mi3, Meadow View Road, Kennington, Oxford, Oxfordshire OX1 5QU3
£395K04/210.4 mi65, Kennington Road, Kennington, Oxford, Oxfordshire OX1 5PB3
£465K12/220.4 mi83, Kennington Road, Kennington, Oxford, Oxfordshire OX1 5PB3
£400K10/220.41 mi38, Meadow View Road, Kennington, Oxford, Oxfordshire OX1 5QU3
£410K12/230.41 mi7, Meadow View Road, Kennington, Oxford, Oxfordshire OX1 5QU3
£350K10/200.41 mi7, Meadow View Road, Kennington, Oxford, Oxfordshire OX1 5QU3
£470K12/200.46 mi10, Links Road, Kennington, Oxford, Oxfordshire OX1 5RX3
£360K11/200.47 mi72, Poplar Grove, Kennington, Oxford, Oxfordshire OX1 5QP3
£396K02/230.47 mi70, Poplar Grove, Kennington, Oxford, Oxfordshire OX1 5QP3
£540K06/210.48 mi26, Upper Road, Kennington, Oxford, Oxfordshire OX1 5LJ3
£491K11/200.49 mi21, Upper Road, Kennington, Oxford, Oxfordshire OX1 5LJ3
£600K09/220.5 mi82, The Avenue, Kennington, Oxford, Oxfordshire OX1 5RJ3
£330K01/210.5 mi47, Meadow View Road, Kennington, Oxford, Oxfordshire OX1 5QX3
£510K08/220.51 mi133, The Avenue, Kennington, Oxford, Oxfordshire OX1 5QZ3
£425K01/210.51 mi133, The Avenue, Kennington, Oxford, Oxfordshire OX1 5QZ3
£402K05/210.52 mi13, Kennington Road, Kennington, Oxford, Oxfordshire OX1 5NZ3

Local Rents

43 rents from £1.3K/mo to £4.4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,50006/240.19 mi-3
£1,80007/240.21 miKennington Road, Kennington3
£1,75008/240.29 miBagley Close, Oxfordshire, Oxford3
£1,35006/240.37 miColley Wood Kennington OX13
£1,80003/250.5 mi-3
£1,70007/240.51 miLinks Road, Kennington, OX13
£2,45002/240.6 mi-3
£1,95008/240.6 miWycombe Close, Littlemore, OX43
£1,80007/240.61 miKennington, Oxford, OX13
£2,20011/240.66 mi-3
£1,70006/240.66 miJanaway, Littlemore3
£1,70009/240.66 miJanaway, Littlemore3
£1,85007/240.67 miWilliamson Way, OXFORD3
£1,65006/240.68 miKennington, Oxford, OX13
£1,70006/240.75 miCottesmore Road, OXFORD, Oxfordshire3
£2,10006/240.94 miParkehill, Radley, OX143
£2,50007/240.94 miCurmore, Radley, Abingdon, Oxfordshire, OX143
£1,60006/240.95 miChurch Way, Iffley Village, OX43
£1,55007/240.98 miAbingdon Road, Oxford3
£1,80006/240.99 miDashwood Road, East Oxford, OX43
£1,90006/241 miLittlemore, Oxford, OX43
£1,75004/241.02 mi-3
£1,65006/241.05 miFurther Wore, Radley3
£4,40004/241.07 mi-3
£2,40002/251.09 mi-3
£2,50012/241.09 mi-3
£2,40002/251.09 mi-3
£3,00009/241.11 miMeadow Lane, Oxford, OX43
£2,50003/251.12 mi-3
£2,40007/241.13 miHMO licence with 3 DOUBLE bedrooms3
£1,85012/231.14 mi-3
£2,20002/251.14 mi-3
£1,25008/241.15 miElm Tree, Littlemore, OX43
£1,85007/241.15 miRedmoor Close, Littlemore3
£3,46706/241.19 miCarpenter Close, Oxford, OX43
£3,46706/241.19 mi-3
£2,00006/241.21 miHillsborough Road, OXFORD3
£3,25006/241.22 miIffley Turn, Oxford, Oxfordshire, OX44HN3
£2,20006/241.23 miRose Hill, Oxford, OX43
£2,30006/241.23 mi-3
£1,75006/241.24 miAlice Smith Square, Oxford, OX43
£1,75007/241.24 mi-3
£2,85007/241.24 miIffley Turn, Oxford, OX43

Local Area Statistics

Population in OX1

25,508

Population in Oxford

160,498

Town centre distance

2.63 miles away

Nearest school

0.30 miles away

Nearest train station

2.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+20%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £399,000

September 13, 2024

Floor Plans

Description

  • Large through reception room +
  • Dining/family room with door to garden +
  • Kitchen with space for washing machine & dishwasher +
  • Cloakroom +
  • Two double bedrooms and good-sized single bedroom +
  • Shower room with corner shower +
  • Patio rear garden and open-plan front garden +
  • No onward chain +
  • Council Tax Band: D. EPC Rating: D +
  • Single garage with power and driveway parking +

An extended three bedroom semi-detached house in need of some updating in a quiet close off Upper Road.

A semi-detached family home dating from mid 1960's on the market for the first time since new, offering spacious family accommodation with a single storey rear extension. The property has a gas-fired warm air heating system with a separate hot water cylinder all of which we understand is in working order. Windows are uPVC double glazed throughout and there is a modern shower room with corner shower and rain-soaker shower head. The fitted kitchen is dated but provides a good amount of storage. All three bedrooms have fitted wardrobes.

We believe the garage roof is of corrugated asbestos.

Please note that the reception room has polystyrene ceiling tiles which are a fire risk and should be removed.

All mains services are connected.

According to Ofcom, Superfast and Ultrafast broadband connections are available and mobile voice and data are limited indoors and likely outdoors.

Kennington is a large village located c. 2 miles south of central Oxford and offers a wide range of shops and amenities including; St Swithun's school, co-op, post office, chemists, hairdresser, vets surgery, library, health centre, two churches, pub and proof bakery. There are walks along the Thames at Sandford Lock and country walks in Bagley wood and the memorial fields, a cycle path runs along the river so you can walk or cycle into Oxford. Regular bus services connect to Oxford, Abingdon and Botley.

Agent Details

Thomas Merrifield, Oxford

01865 638790

Next Steps?

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