3 Bed Semi-Detached House, Refurb/BRRR, Oxford, OX3 8DA, £300,000

Routh Road, Headington, OX3 8DA - 1 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~111 m²
+15 photos

ValuationFair Value











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£49,652

Bridging Loan Interest

£7,875

Total Cash In

£152,977

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£499,251

Agent Fees (1%)

£4,993

Bridging Loan

£225,000

Bridging Loan Interest

£7,875

Flip Profit

£116,282













Local Rents

30 rents from £1.4K/mo to £6.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80010/240.12 mi-3
£1,80007/240.12 miTurner View, Oxford, OX33
£1,70008/240.15 miMalford Road, Headington3
£1,45006/240.23 miHeadington, Oxford, OX33
£2,00008/240.31 miMerewood Avenue, Headington, OX33
£1,60006/240.32 miBurchester Avenue, Headington, OXFORD3
£1,60006/240.34 miHeadington, Oxford, OX33
£1,65006/240.37 miMerewood Avenue, Headington3
£1,65006/240.37 miMerewood Avenue, Headington3
£1,75008/240.37 mi-3
£1,55007/240.39 miSherwood Place, Headington, OX33
£1,95007/240.42 miB Bursill Close, Headington, OX33
£1,60008/240.44 miStanway Road, Headington3
£1,85012/230.46 mi-3
£1,85006/240.46 mi-3
£1,95009/240.46 mi-3
£1,95005/240.47 mi-3
£1,65006/240.48 miHubble Close, Headington, OX33
£1,80002/250.49 mi-3
£1,60006/240.5 miShaftesbury Road, Barton3
£1,80006/240.5 mi-3
£1,80006/240.5 miStanway Road, Oxford, OX33
£2,10006/240.54 mi-3
£1,82002/250.54 mi-3
£5,95009/240.56 mi-3
£6,20009/240.56 mi-3
£5,20008/240.57 miPitts Road, Headington, Oxford, OX33
£1,75007/240.59 miLondon Road, Headington, OX33
£1,80006/240.6 miCollinwood Road, Oxford3
£1,89507/240.6 miStanway Road, Risinghurst, OX33

Local Area Statistics

Population in OX3

43,429

Population in Oxford

160,498

Town centre distance

2.99 miles away

Nearest school

0.30 miles away

Nearest train station

3.55 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £300,000

September 25, 2024

Floor Plans

Description

  • Family home with an 84ft West facing garden +
  • 18ft garage with a pedestrian door to the garden +
  • Ample parking at the front +
  • In need of some modernising +
  • Being sold with no onward chain +
  • Non standard construction +

Presenting a fantastic opportunity to acquire a spacious 3-bedroom semi-detached house, this property is the ideal family home with an 84ft West facing garden. Boasting an 18ft garage with a convenient pedestrian door to the garden and ample parking at the front. This property is in need of some modernising, giving the buyer the chance to tailor the home to their personal taste and is being sold with no onward chain.

Featuring a non-standard construction, the property offers great potential to re-model and extend (subject to the usual consents). The garden is a mix of wild and lawned areas, adding a touch of nature to the surroundings. The house is equipped with gas central heating and updated electrics for modern comfort.
EPC Rating: D

Agent Details

Turner Properties, Oxford

01865 638846

Next Steps?

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