3 Bed Semi-Detached House, Refurb/BRRR, Oxford, OX4 2HY, £400,000

Wilkins Road, Oxford, OX4 2HY - 3 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+11 photos

ValuationFair Value

Sold Prices£290K - £743K
Sold Prices/m²£3.1K/m² - £5.9K/m²

 

 

Square Metres

~93 m²
Price/m²£4.3K/m²

Value Estimate

£392,700

 

 

End Value (After Refurb)

£430,125

Uplift in Value

+12%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£19,500

Refurb Costs

£41,731

Bridging Loan Interest

£10,500

Total Cash In

£173,481

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£430,125

Mortgage (After Refinance)

£322,594

Mortgage LTV

75%

Cash Released

£22,594

Cash Left In

£150,887

Equity

£107,531

Rent Range

£1,400 - £2,496

Rent Estimate

£1,843

Running Costs/mo

£1,733

Cashflow/mo

£110

Cashflow/yr

£1,323

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £290K to £743K, average is £411.8K. £3.1K/m² to £5.9K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£415K09/210.02 mi20, Wilkins Road, Oxford, Oxfordshire OX4 2HX3
£448K02/230.04 mi17, Wilkins Road, Oxford, Oxfordshire OX4 2HY3
£400K04/210.04 mi26, White Road, Oxford, Oxfordshire OX4 2JJ3
£420K04/240.09 mi20, Marshall Road, Cowley, Oxford, Oxfordshire OX4 2NR3
£430K12/220.09 mi40, Marshall Road, Cowley, Oxford, Oxfordshire OX4 2NR3
£425K03/210.09 mi52, White Road, Oxford, Oxfordshire OX4 2JL3
£505K12/220.12 mi73, Horspath Road, Oxford, Oxfordshire OX4 2QP3
£420K07/230.13 mi150, Hollow Way, Cowley, Oxford, Oxfordshire OX4 2NL3
£743K03/230.15 mi133, Hollow Way, Cowley, Oxford, Oxfordshire OX4 2NE3
£390K06/230.15 mi42, Paget Road, Oxford, Oxfordshire OX4 2TD3
£350K04/210.17 mi4, Fairfax Road, Oxford, Oxfordshire OX4 2QG3
£407.5K12/200.17 mi50, Cranmer Road, Oxford, Oxfordshire OX4 2QF3
£340K02/210.17 mi48, Cranmer Road, Oxford, Oxfordshire OX4 2QF3
£336.5K12/200.17 mi46, Paget Road, Oxford, Oxfordshire OX4 2TD3
£510K08/230.17 mi41, Oliver Road, Oxford, Oxfordshire OX4 2JQ3
£325K11/200.17 mi23, Paget Road, Oxford, Oxfordshire OX4 2TB3
£468K03/230.19 mi208, Hollow Way, Cowley, Oxford, Oxfordshire OX4 2PP3
£395K03/240.19 mi79, Cranmer Road, Oxford, Oxfordshire OX4 2QB3
£370K03/210.19 mi69, Cranmer Road, Oxford, Oxfordshire OX4 2QB3
£500K11/200.19 mi87, Cranmer Road, Oxford, Oxfordshire OX4 2QB3
£335K03/210.19 mi2, Fanshawe Place, Oxford, Oxfordshire OX4 2TE3
£390K04/210.2 mi3, Cranmer Road, Oxford, Oxfordshire OX4 2QA3
£490K03/230.21 mi39, Fern Hill Road, Cowley, Oxford, Oxfordshire OX4 2JW3
£425K03/210.21 mi49, Fernhill Road, Oxford, Oxfordshire OX4 2JW3
£455K08/230.22 mi1, Fern Hill Road, Cowley, Oxford, Oxfordshire OX4 2JN3
£537K03/230.22 mi42, Fern Hill Road, Cowley, Oxford, Oxfordshire OX4 2JN3
£468K01/240.22 mi88, Fern Hill Road, Cowley, Oxford, Oxfordshire OX4 2JP3
£340K12/200.23 mi6, Corunna Crescent, Oxford, Oxfordshire OX4 2RB3
£405K03/230.28 mi6, Crescent Close, Temple Cowley, Oxford, Oxfordshire OX4 2NU3
£368K01/230.3 mi3, Kennedy Close, Oxford, Oxfordshire OX4 2UH3
£412.5K07/230.3 mi67, Temple Road, Oxford, Oxfordshire OX4 2EU3
£505K09/220.31 mi75, Crescent Road, Oxford, Oxfordshire OX4 2NY3
£462.5K06/210.31 mi37, Don Bosco Close, Oxford, Oxfordshire OX4 2LD3
£375K06/210.31 mi35, Don Bosco Close, Oxford, Oxfordshire OX4 2LD3
£342K03/210.31 mi25, Turner Close, Oxford, Oxfordshire OX4 2UA3
£290K03/210.31 mi27, Turner Close, Oxford, Oxfordshire OX4 2UA3
£335K02/210.31 mi35, Turner Close, Oxford, Oxfordshire OX4 2UA3
£415K08/230.31 mi77, Turner Close, Oxford, Oxfordshire OX4 2UA3
£685.5K12/220.32 mi95, Crescent Road, Oxford, Oxfordshire OX4 2NY3
£360K10/200.33 mi98, Bennett Crescent, Cowley, Oxford, Oxfordshire OX4 2UW3
£381K10/210.33 mi96, Bennett Crescent, Cowley, Oxford, Oxfordshire OX4 2UW3
£350K06/210.4 mi309, Hollow Way, Headington, Oxford, Oxfordshire OX3 7JD3
£445K06/210.43 mi24, St Lukes Road, Oxford, Oxfordshire OX4 3JB3
£365K01/210.43 mi12, St Lukes Road, Oxford, Oxfordshire OX4 3JB3
£430K12/220.44 mi12, Lye Valley, Headington, Oxford, Oxfordshire OX3 7EP3
£411K12/230.44 mi52, Town Furze, Headington, Oxford, Oxfordshire OX3 7EW3
£450K01/230.44 mi18, Badgers Walk, Oxford, Oxfordshire OX4 2GW3
£435K01/240.44 mi7, Badgers Walk, Oxford, Oxfordshire OX4 2GW3
£305K04/210.45 mi58, Napier Road, Oxford, Oxfordshire OX4 3JA3
£353K12/200.45 mi21, Napier Road, Oxford, Oxfordshire OX4 3HZ3

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80006/240.07 miWilkins Road, Oxford, Oxfordshire, Oxfordshire, OX43
£1,85006/240.07 miHorspath Road, Oxford3
£1,75003/250.12 mi-3
£1,55006/240.13 miWhite Road, East Oxford, OX43
£1,80011/240.13 mi-3
£1,65006/240.14 mi-3
£1,65008/240.14 mi-3
£1,65011/240.14 mi-3
£1,65006/240.14 miOxford, Oxford, OX43
£1,65008/240.14 miOxford, Oxford, OX43
£1,65009/240.14 miOxford, Oxford, OX43
£2,00012/240.15 mi-3
£1,45009/240.16 miHollow Way, East Oxford, OX43
£1,65008/240.17 miOliver Road, OXFORD3
£1,60006/240.19 miHollow Way, Cowley, OX4 2PP3
£1,45006/240.2 miCranmer Road, East Oxford, OX43
£1,65006/240.2 miHorspath Road, East Oxford, OX43
£1,75011/240.21 mi-3
£2,15007/240.26 miJunction Road, Oxford, OX43
£2,15008/240.26 mi-3
£2,20003/250.27 mi-3
£1,80008/240.31 miCrescent Road, OXFORD3
£1,60006/240.31 miTurner Close, East Oxford, OX43
£1,40011/240.32 mi-3
£2,49609/240.32 miKirby Place, Oxford3
£2,49606/240.32 miKirby Place, Temple Cowley3
£2,30008/240.33 miCrescent Road, Temple Cowley3
£2,49608/240.34 miKirby Place, East Oxford, OX43
£1,75006/240.34 miSt Christopher`s Place, East Oxford, OX43
£1,85003/250.35 mi-3
£1,85007/240.37 miCowley, HMO Ready 3 Sharers, OX43
£1,90007/240.41 miCrescent Road, Oxford, OX43
£1,75007/240.46 miCoverly Road, Headington, OX33
£2,00008/240.48 mi-3
£2,05007/240.49 miCrescent Road, Oxford3
£1,90006/240.5 mi-3
£1,95004/250.5 mi-3
£2,25009/240.53 miTemple Road, Oxford, OX43
£1,75007/240.54 miBailey Road, Cowley3
£2,00006/240.55 miBailey Road, Cowley3
£2,15006/240.55 miBailey Road, Cowley3
£1,70011/240.58 mi-3
£1,99503/250.58 mi-3
£1,65006/240.59 miBarns Road, OXFORD3
£1,65006/240.59 miBarns Road, OXFORD3
£1,65007/240.59 miBarns Road, OXFORD3
£1,74006/240.6 miHeadington, Oxford, OX33
£1,80008/240.62 miEdmund Road, Oxford, Oxfordshire, OX43
£1,50006/240.62 miLittlehay Road, East Oxford, OX43
£2,20010/240.62 mi-3

Local Area Statistics

Population in OX4

61,985

Population in Oxford

160,498

Town centre distance

2.60 miles away

Nearest school

0.10 miles away

Nearest train station

3.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Price changed to £400,000

March 24, 2025

Listed for £385,000

October 11, 2024

Floor Plans

Description

  • Renovation Potential +
  • Generous Rear Garden +
  • Three Bedrooms +
  • Conservatory/Garden Room +
  • Open Plan Living/ Sitting Room +

SUMMARY
A three bedroom property ideal for a renovation project as it is in need of modernisation throughout. The property has no onward chain.

DESCRIPTION
Allen & Harris are pleased to offer to the market this three bedroom property in need of modernisation throughout. The property offers real scope to modernise/renovate and subject to planning extend further. The property is offered for sale with no onward chain.

The ground floor of the property offers spacious accommodation with a open plan living/dining with an archway connecting the two, a separate kitchen and the addition of a conservatory/garden room.

Going to the first floor there are the three bedrooms and family bathroom.

Externally the property offers a generous size rear garden with side access to the garage located to the rear of the property.

Entrance Hall 
Double glazed door to front aspect, stairs to first floor, radiator, quarry tiled floor.

Living Room 14' 2" max x 11' 7" max ( 4.32m max x 3.53m max )
Max measurements into bay, double glazed window to front aspect, radiator, stripped floor boards.

Dining Room 14' 2" max x 10' 6" max ( 4.32m max x 3.20m max )
Double glazed french door to conservatory, radiator, stripped floor boards.

Conservatory 12' 5" x 10' 4" ( 3.78m x 3.15m )
Double glazed window to rear, door to rear garden, quarry tiled floor.

Kitchen 
L shaped kitchen with dining area to rear, range of eye and base level units.

Bedroom One 11' 8" x 11' 4" ( 3.56m x 3.45m )
Double glazed window to rear, radiator, stripped floor boards.

Bedroom Two 14' 3" x 10' 4" ( 4.34m x 3.15m )
Double glazed window to front, radiator, stripped floor boards.

Bedroom Three 7' 9" x 7' ( 2.36m x 2.13m )
Double glazed window to front, radiator, stripped floor boards.

Bathroom 
Double glazed window to rear, radiator, low level w/c, hand wash basin, panel bath, stripped floor boards.

Rear Garden  
Generous in size, mainly laid to lawn, side access to garage.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Allen & Harris, Oxford

01865 638996

Next Steps?

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