3 Bed Terraced House, Refurb/BRRR, Chipping Norton, OX7 3RX, £440,000

Fishers Lane, Charlbury, OX7 3RX - 6 months ago

Sold STC
Refurb/BRRR
~93 m²
+5 photos

ValuationOvervalued

Sold Prices£275K - £1.0M
Sold Prices/m²£3.1K/m² - £11.3K/m²

 

 

Square Metres

~93 m²
Price/m²£4.7K/m²

Value Estimate

£414,201

 

 

End Value (After Refurb)

£469,552

Uplift in Value

+7%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£110,000

Stamp Duty & Legal Fees

£23,900

Refurb Costs

£40,272

Bridging Loan Interest

£11,550

Total Cash In

£187,472

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£469,552

Mortgage (After Refinance)

£352,164

Mortgage LTV

75%

Cash Released

£22,164

Cash Left In

£165,307

Equity

£117,388

Rent Range

£825 - £9,000

Rent Estimate

£1,639

Running Costs/mo

£1,815

Cashflow/mo

£-176

Cashflow/yr

£-2,114

Gross Yield

4%

Local Sold Prices

39 sold prices from £275K to £1.0M, average is £400K. £3.1K/m² to £11.3K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£380K08/210.07 mi4, Sandford Rise, Charlbury, Chipping Norton, Oxfordshire OX7 3SZ3
£655K09/230.09 miYew Tree Cottage, Sheep Street, Charlbury, Chipping Norton, Oxfordshire OX7 3RR3
£585K10/230.09 miValmar, Sheep Street, Charlbury, Chipping Norton, Oxfordshire OX7 3RR3
£490K06/210.1 mi16, The Playing Close, Charlbury, Chipping Norton, Oxfordshire OX7 3RJ3
£535K03/240.1 mi16, The Playing Close, Charlbury, Chipping Norton, Oxfordshire OX7 3RJ3
£495K12/230.12 mi11, Hill Close, Charlbury, Chipping Norton, Oxfordshire OX7 3SY3
£353K11/220.13 mi33, Marlborough Place, Charlbury, Chipping Norton, Oxfordshire OX7 3SH3
£490K06/210.14 miBell Cottage, Church Street, Charlbury, Chipping Norton, Oxfordshire OX7 3PP3
£429K09/230.16 mi2, Woodfield Drive, Charlbury, Chipping Norton, Oxfordshire OX7 3SE3
£335K06/210.16 mi6, Woodfield Drive, Charlbury, Chipping Norton, Oxfordshire OX7 3SE3
£407.5K05/240.16 mi20, Woodfield Drive, Charlbury, Chipping Norton, Oxfordshire OX7 3SE3
£400K12/220.16 mi39, Woodfield Drive, Charlbury, Chipping Norton, Oxfordshire OX7 3SE3
£785K07/240.16 miCorn Mill House, Market Street, Charlbury, Chipping Norton, Oxfordshire OX7 3PL3
£471.5K03/210.17 mi4, Crawborough Villas, Charlbury, Chipping Norton, Oxfordshire OX7 3TS3
£450K05/210.19 mi16, Wychwood Paddocks, Charlbury, Chipping Norton, Oxfordshire OX7 3RW3
£525K06/210.21 mi36, The Slade, Charlbury, Chipping Norton, Oxfordshire OX7 3SJ3
£430K06/230.21 mi4, The Slade, Charlbury, Chipping Norton, Oxfordshire OX7 3SJ3
£930K01/240.23 mi3, Enstone Road, Charlbury, Chipping Norton, Oxfordshire OX7 3QR3
£565K05/210.24 mi6, Shilson Lane, Charlbury, Chipping Norton, Oxfordshire OX7 3PD3
£400K10/230.25 miCricket Cottage, Church Lane, Charlbury, Chipping Norton, Oxfordshire OX7 3PX3
£525K06/210.26 mi5, Dyers Hill, Charlbury, Chipping Norton, Oxfordshire OX7 3QD3
£305K05/210.26 mi52, Ticknell Piece Road, Charlbury, Chipping Norton, Oxfordshire OX7 3TW3
£750K11/220.28 mi1, Ticknell Piece Road, Charlbury, Chipping Norton, Oxfordshire OX7 3TN3
£400K09/220.31 miMulberry Cottage, The Slade, Charlbury, Chipping Norton, Oxfordshire OX7 3SJ3
£362.5K02/240.32 mi27, Hughes Close, Charlbury, Chipping Norton, Oxfordshire OX7 3ST3
£391K11/220.32 mi15, Nineacres Lane, Charlbury, Chipping Norton, Oxfordshire OX7 3QZ3
£335K01/240.36 mi28, Nine Acres Close, Charlbury, Chipping Norton, Oxfordshire OX7 3RB3
£289.8K10/200.36 mi32, Nine Acres Close, Charlbury, Chipping Norton, Oxfordshire OX7 3RB3
£310K06/210.36 mi2, Nine Acres Close, Charlbury, Chipping Norton, Oxfordshire OX7 3RB3
£370K04/210.37 mi53, Nine Acres Close, Charlbury, Chipping Norton, Oxfordshire OX7 3RD3
£1.0M08/230.37 miPound Cottage, Pound Hill, Charlbury, Chipping Norton, Oxfordshire OX7 3QN3
£275K06/230.38 mi55, The Green, Charlbury, Chipping Norton, Oxfordshire OX7 3QB3
£312.5K03/240.38 mi33, The Green, Charlbury, Chipping Norton, Oxfordshire OX7 3QB3
£312.5K12/200.38 mi26, Sturt Close, Charlbury, Chipping Norton, Oxfordshire OX7 3SS3
£355K12/220.38 mi63, The Green, Charlbury, Chipping Norton, Oxfordshire OX7 3QB3
£295K05/230.4 mi14, Elm Crescent, Charlbury, Chipping Norton, Oxfordshire OX7 3PZ3
£415K10/230.4 mi6, Elm Crescent, Charlbury, Chipping Norton, Oxfordshire OX7 3PZ3
£285K12/200.4 mi14, Elm Crescent, Charlbury, Chipping Norton, Oxfordshire OX7 3PZ3
£335K03/210.42 mi7, Kendal Piece, Charlbury, Chipping Norton, Oxfordshire OX7 3RG3

Local Rents

32 rents from £825/mo to £9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35006/240.04 miCharlbury2
£1,35012/240.08 miHixet Wood,Charlbury,OX72
£1,00006/240.13 miTall Storeys, Charlbury2
£82506/240.14 miBrowns Lane Charlbury OX71
£99506/240.19 miEnstone Road, Charlbury, OX72
£2,60001/250.19 mi-4
£4,00003/250.19 mi-4
£2,60003/250.19 mi-4
£9,00006/240.19 miMarket Street, Charlbury, Chipping Norton, Oxfordshire4
£1,00006/240.25 miCharlbury, Oxfordshire, OX71
£1,15006/240.31 mi-1
£1,10012/240.32 mi-1
£1,10001/250.32 mi-1
£1,45012/240.32 miTicknell Piece Road, Charlbury, OX73
£1,20012/240.36 miNine Acres Close, Charlbury2
£1,50006/240.37 mi-2
£1,25006/240.38 miThe Green, Charlbury, Chipping Norton, Oxfordshire, OX72
£3,60003/250.46 mi-5
£3,30007/240.46 mi-5
£1,52506/241.97 miHill Crescent, Finstock, Oxfordshire3
£1,19506/242.02 miFinstock Heath, Finstock1
£1,25006/242.12 miHigh Street, Finstock, Oxfordshire, OX7 3DA2
£1,40003/232.34 mi-2
£1,50012/242.34 mi-2
£1,60012/242.34 mi-2
£1,50012/242.34 miLaughton Hill, Witney, OX292
£1,05009/242.34 mi-2
£1,80012/242.42 miChilson Hill, Chilson3
£1,40006/242.42 miThe Tewer, Witney, Oxfordshire2
£1,90012/242.46 miStonesfield, Witney, OX294
£1,30006/242.46 miStonesfield2
£1,40006/242.46 miFarley Lane Stonesfield OX293

Local Area Statistics

Population in OX7

22,839

Population in Chipping Norton

22,861

Town centre distance

5.20 miles away

Nearest school

0.20 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+51%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £440,000

October 22, 2024

Floor Plans

Description

  • Charlbury +
  • Three bedrooms +
  • Kitchen/Dining room +
  • Living room +

A spacious three-bedroom cottage in Charlbury with great potential for modernisation.

The Property - This charming three-bedroom cottage, in need of some modernisation, offers a fantastic opportunity to create a beautiful home in the heart of Charlbury. You step directly into the living room, where you are greeted by a characterful space with exposed beams, open fireplace and two windows that fill the space with natural light.
Stepping up into the open plan dining space and kitchen which is generously proportioned and features built-in storage and an area perfect for a study. The kitchen has further built in storage along with oven, gas hob and space for a fridge freezer and washing machine. A door opens out to a private rear courtyard.
Upstairs, the property boasts three double bedrooms, each offering plenty of space for family or guests. The family bathroom includes a shower over the bath.

Outside - To the rear is a private courtyard which has the potential to create a lovely outdoor space.
Note: There is a gate that gives a right of way over the neighbours gardens for the use of refuse and an additional fire escape.

Situation - Charlbury is an ancient market town well situated in the Oxfordshire Cotswolds. It has become increasingly popular in recent years with those seeking the benefits of a country lifestyle yet requiring easy access to London, Oxford, and other major centres. The town retains a mainline railway station (Oxford approx. 20 minutes, London Paddington approx. 70 minutes) and enjoys the majority of useful amenities, shops, professional and medical services. Charlbury has several pre-school nurseries and an excellent primary school. The entire town is designated as a Conservation Area and is located within the Cotswolds Area of Outstanding Natural Beauty. Oxford is 17 miles and the towns of Chipping Norton and Witney are 7 miles distance by road.

Agent Details

Fairfax & Co, Charlbury

01608 692879

Next Steps?

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