2 Bed Terraced House, Refurb/BRRR, Oxford, OX4 1YB, £450,000

Green Street, East Oxford, OX4 1YB - 10 views - 5 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£336.5K - £580K
Sold Prices/m²£4K/m² - £8.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.6K/m²

Value Estimate

£412,909

 

 

End Value (After Refurb)

£407,680

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Refurb Costs

£30,563

Bridging Loan Interest

£11,813

Total Cash In

£181,325

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£407,680

Mortgage (After Refinance)

£305,760

Mortgage LTV

75%

Cash Left In

£181,325

Equity

£101,920

Rent Range

£750 - £3,000

Rent Estimate

£1,790

Running Costs/mo

£1,652

Cashflow/mo

£138

Cashflow/yr

£1,656

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £336.5K to £580K, average is £432.6K. £4K/m² to £8.2K/m², average is £6.4K/m².

PriceDateDistanceAddressBeds 
£488.3K06/210.05 mi10, Leopold Street, Oxford, Oxfordshire OX4 1PS2
£350K02/210.08 mi53, Randolph Street, Oxford, Oxfordshire OX4 1YA2
£450K05/230.11 mi10, East Avenue, Oxford, Oxfordshire OX4 1XW2
£470K08/230.15 mi32, East Avenue, Oxford, Oxfordshire OX4 1XP2
£430.1K12/200.15 mi28, East Avenue, Oxford, Oxfordshire OX4 1XP2
£370K11/230.18 mi25, Cosin Close, Oxford, Oxfordshire OX4 1GD2
£405K03/210.18 mi150, Hurst Street, Oxford, Oxfordshire OX4 1HG2
£560K10/210.21 mi15, Hurst Street, Oxford, Oxfordshire OX4 1EZ2
£448K05/210.21 mi66, Essex Street, Oxford, Oxfordshire OX4 3AW2
£563.5K12/220.21 mi58, Essex Street, Oxford, Oxfordshire OX4 3AW2
£446K03/210.22 mi81, East Avenue, Oxford, Oxfordshire OX4 1XR2
£390K02/230.23 mi2, Ablett Close, Oxford, Oxfordshire OX4 1XH2
£360K02/240.23 mi32, Ablett Close, Oxford, Oxfordshire OX4 1XH2
£580K12/220.23 mi30, James Street, Oxford, Oxfordshire OX4 1ET2
£385K02/210.24 mi10, Union Street, Oxford, Oxfordshire OX4 1JP2
£336.5K03/210.24 mi6, Union Street, Oxford, Oxfordshire OX4 1JP2
£495K06/230.24 mi1, Union Street, Oxford, Oxfordshire OX4 1JP2
£520K09/230.26 mi52, Hertford Street, Oxford, Oxfordshire OX4 3AL2
£435K05/210.26 mi56, Hertford Street, Oxford, Oxfordshire OX4 3AL2
£470K10/230.27 mi54, Percy Street, Oxford, Oxfordshire OX4 3AF2
£437.5K09/210.27 mi51, Percy Street, Oxford, Oxfordshire OX4 3AF2
£470K06/210.27 mi44, Princes Street, Oxford, Oxfordshire OX4 1DD2
£520K07/230.27 mi43, Princes Street, Oxford, Oxfordshire OX4 1DD2
£392.5K04/210.29 mi14, Cricket Road, Oxford, Oxfordshire OX4 3DG2
£395K11/200.29 mi32, Cricket Road, Oxford, Oxfordshire OX4 3DG2
£350K11/200.3 mi39, Catherine Street, Oxford, Oxfordshire OX4 3AH2
£495K01/240.3 mi36, Catherine Street, Oxford, Oxfordshire OX4 3AH2
£365K06/210.3 mi18, Golden Road, Oxford, Oxfordshire OX4 3AR2
£420.5K12/200.31 mi74, Percy Street, Oxford, Oxfordshire OX4 3AD2
£525K11/230.32 mi116, Charles Street, Oxford, Oxfordshire OX4 3AT2
£498K07/230.32 mi96, Charles Street, Oxford, Oxfordshire OX4 3AT2
£400K02/210.32 mi159, Howard Street, Oxford, Oxfordshire OX4 3BA2
£415K08/210.33 mi9, Percy Street, Oxford, Oxfordshire OX4 3AA2
£352K01/210.34 mi4, Harold Hicks Place, Oxford, Oxfordshire OX4 3DS2
£515K03/240.36 mi23, Cross Street, Oxford, Oxfordshire OX4 1BZ2
£500K08/230.36 mi10, Cross Street, Oxford, Oxfordshire OX4 1BZ2
£346K06/210.38 mi82, Charles Street, Oxford, Oxfordshire OX4 3AS2
£422K03/210.4 mi64, Ridgefield Road, Oxford, Oxfordshire OX4 3DA2
£460K09/230.4 mi62, Ridgefield Road, Oxford, Oxfordshire OX4 3DA2
£475K12/200.41 mi79, Howard Street, Oxford, Oxfordshire OX4 3AY2
£464K07/230.43 mi59, Cricket Road, Oxford, Oxfordshire OX4 3DH2
£500K12/220.44 mi13, Alma Place, Oxford, Oxfordshire OX4 1JW2
£387K02/210.44 mi8, Cumberland Road, Oxford, Oxfordshire OX4 2DA2
£365K04/210.44 mi18, Cumberland Road, Oxford, Oxfordshire OX4 2DA2
£380K07/230.46 mi5, Don Stuart Place, Oxford, Oxfordshire OX4 2DH2
£367.5K03/230.46 mi4, Don Stuart Place, Oxford, Oxfordshire OX4 2DH2
£403K05/240.48 mi20a, Cave Street, Oxford, Oxfordshire OX4 1BA2
£545K01/210.52 mi38, Boulter Street, Oxford, Oxfordshire OX4 1AX2
£385K01/230.66 mi13, Arnold Road, Oxford, Oxfordshire OX4 4BH2
£340K03/210.67 mi10, Bhandari Close, Oxford, Oxfordshire OX4 3DT2

Local Rents

50 rents from £750/mo to £3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50011/240.03 mi-2
£75007/240.03 mi-2
£1,80008/240.04 miRandolph Street, Oxford, Oxford, OX42
£1,80008/240.04 miRandolph Street, Oxford, Oxford, OX42
£1,60006/240.08 mi-2
£1,65008/240.11 miSt Mary's Road, Oxford, OX42
£1,65006/240.12 mi-2
£1,70008/240.14 miLeopold Street, East Oxford2
£1,60006/240.15 miEast Avenue, Cowley, Oxford2
£1,60006/240.15 miEast Avenue, Cowley, Oxford2
£1,50006/240.16 miHurst Street, Oxford2
£1,80003/250.16 mi-2
£1,60006/240.17 miEast Avenue Cowley2
£1,75006/240.18 miSt Marys Road Oxford2
£1,65006/240.21 mi25 Hurst Street, Oxford2
£1,69006/240.21 mi25 Hurst Street, Oxford2
£1,75007/240.21 miEssex Street, East Oxford, OX42
£1,75008/240.22 miEast Avenue, East Oxford, OX4 1XR2
£1,40006/240.23 miAblett Close, East Oxford2
£1,60006/240.23 miAblett Close, Oxford2
£3,00006/240.23 miStockmore Street, East Oxford, OX42
£1,60006/240.23 miPrinces Street, East Oxford, OX42
£1,99508/240.24 miHenley Street, Oxford2
£1,75008/240.24 miEssex Street, Oxford, Oxfordshire, OX42
£1,85007/240.24 miHenley Street, East Oxford, OX42
£1,27508/240.24 miStanley Road, Oxford2
£1,40006/240.24 miMagdalen Road Oxfordshire2
£1,65008/240.25 miHawridge Mews 6-8 Stockmore Street, Oxford, Oxfordshire, OX42
£1,65007/240.25 miAston Street2
£2,50006/240.25 miHenley Street, East Oxford, OX42
£1,75007/240.26 miCatherine Street, Oxford, OX42
£1,45003/250.27 mi-2
£1,60006/240.27 miSidney Street, East Oxford, OX42
£1,50006/240.27 miPenhurst Court, Sidney Street, OX4 3AB2
£1,90008/240.28 miBarnet Street, East Oxford, OX42
£1,80007/240.3 miSilver Road, Oxford, OX42
£1,60007/240.3 miGolden Road, East Oxford2
£1,65007/240.3 miGolden Road, East Oxford2
£1,60007/240.3 miGolden Road, East Oxford2
£1,82503/240.31 miIffley Road,Cowley,Oxford,OX42
£2,40008/240.31 miIffley Road, East Oxford, OX42
£2,00008/240.32 miCharles Street, East Oxford, OX42
£1,95008/240.32 miRidgefield Road, East Oxford2
£1,70007/240.33 miIffley Road, Oxford, OX42
£2,00008/240.34 miIffley Road, Oxford. OX42
£1,60002/240.34 mi-2
£1,70008/240.34 miHoward Street, Oxford2
£1,60007/240.36 miWoodman Court, St Clements, OX42
£1,60006/240.37 miCharles Street, Oxford2
£1,95006/240.38 miIffley Road, Oxford2

Local Area Statistics

Population in OX4

61,985

Population in Oxford

160,498

Town centre distance

1.24 miles away

Nearest school

0.20 miles away

Nearest train station

1.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £450,000

November 1, 2024

Description

  • Two Good Bedrooms +
  • Character Features +
  • Potential to Extend (STC) +
  • Large Rear Garden +
  • Close to Amenities +
  • No Onward Chain +

Attractive end terraced Victorian home with renovation and extension potential (subject to consents) and large attractive garden in this popular side road close to Cowley Road.

The well maintained two bedroom accommodation is arranged over two floors and includes a box bay fronted sitting room, dining room with original cast iron range, light and airy kitchen and recently updated bathroom. There is potential to extend to both the rear and into the loft space to create further accommodation if required (subject to any necessary consents).

The property is approached with a small area of garden to the front behind a low wall, whilst to the rear is a beautiful 74 ft, recently landscaped wild garden with fruit trees and a meandering footpath. Immediately to the rear of the house is a large paved terrace ideal for outdoor dining and there is a useful covered area for storage.

Green Street is a conveniently located side road close to the diverse local amenities, and is well positioned for transport links into the city centre and just a short walk of Magdalen Bridge and High Street. There is good access to the ring road, the A/M40 and the London/airport coach stop in St. Clements.

Agent Details

Scottfraser, East Oxford

01865 638740

Next Steps?

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