3 Bed Semi-Detached House, Refurb/BRRR, Oxford, OX3 0HP, £450,000

Weldon Road, Marston, OX3 0HP - 4 views - 4 months ago

Sold STC
Refurb/BRRR
~93 m²
+10 photos

ValuationFair Value











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Refurb Costs

£41,600

Bridging Loan Interest

£11,813

Total Cash In

£192,363

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£523,600

Mortgage (After Refinance)

£392,700

Mortgage LTV

75%

Cash Released

£55,200

Cash Left In

£137,162

Equity

£130,900

Rent Range

£1,500 - £3,500

Rent Estimate

£2,066

Running Costs/mo

£2,069

Cashflow/mo

£-3

Cashflow/yr

£-41

Gross Yield

6%













Local Rents

38 rents from £1.5K/mo to £3.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,75007/240.05 miHayes Close, Marston, Oxford, OX33
£1,50009/240.1 miFarmer Place, Oxford, OX33
£1,80009/240.11 miNicholson Road, Marston, Oxford, OX33
£1,80010/240.11 mi-3
£1,95007/240.12 miFarmer Place, Headington, OX3 0LB3
£1,90006/240.13 miMarston Road, Marston, OXFORD3
£1,65007/240.14 miCroft Road, Marston, Oxford, OX3 0JZ3
£1,85007/240.19 miJack Straws Lane, Headington, OX33
£2,25007/240.2 miOld Marston Road, Oxford, OX33
£1,90008/240.21 miEdgeway Road, Marston, OX33
£1,75008/240.21 miOld Marston Road, Marston, OX33
£2,30006/240.21 miEdgeway Road, Marston, OX3 0HF3
£3,00008/240.26 miFerry Road, Marston3
£3,00007/240.26 miFerry Road, Marston, OX33
£3,00007/240.26 miFerry Road, Marston, OX33
£1,75007/240.27 miEdgeway Road, Marston, Oxford, OX3 0HD3
£1,85002/250.29 mi-3
£1,85008/240.29 miLewell Avenue, Marston, Oxford3
£1,90006/240.29 mi-3
£2,05007/240.3 mi-3
£3,50012/240.31 mi-3
£3,30002/250.31 mi-3
£1,85005/240.31 mi-3
£1,65007/240.32 miFreeman Court, Marston Road, Oxford, OX33
£2,00007/240.33 miMarston3
£1,85002/250.34 mi-3
£1,60012/240.34 mi-3
£2,19006/240.4 miMarsh Lane, Marston3
£2,19006/240.42 miMarsh Lane, Oxford, HMO Ready 3/4 Sharers, OX33
£1,75003/240.45 miDerwent Avenue,Headington,Oxford,OX33
£1,55006/240.45 miCopse Lane, Marston, OX33
£2,00008/240.45 miDerwent Avenue, Marston, OX33
£1,75008/240.45 miBrookfield Crescent, Marston, OX33
£1,90007/240.51 miHorseman Close 3
£2,75007/240.52 miEden Drive, Headington, OX33
£3,00007/240.52 miConiston Avenue, Headington, OX33
£2,00008/240.55 miCopse Lane, Marston, Oxford, Oxfordshire, OX3 0AY3
£1,79507/240.55 miConiston Avenue, Headington, Oxford, OX33

Local Area Statistics

Population in OX3

43,429

Population in Oxford

160,498

Town centre distance

1.07 miles away

Nearest school

0.40 miles away

Nearest train station

1.60 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £450,000

November 19, 2024

Floor Plans

Description

  • Entrance Porch +
  • Living Room +
  • Kitchen +
  • Conservatory +
  • Three Bedrooms +
  • First Floor Bathroom +
  • Integral Garage +
  • Driveway Parking +
  • No Onward Chain +

Well-Maintained Three-Bedroom Semi-Detached Home in Marston

Nestled on a quiet no-through road in Marston, this well-cared-for three-bedroom semi-detached home offers a blend of comfort and potential. Although the property could benefit from modernisation, it remains in excellent condition and boasts several desirable features, including a conservatory and an integral garage with a private driveway.

To the rear, you'll find a beautifully enclosed mature garden, mainly laid to lawn, with a hard-standing patio area—perfect for outdoor relaxation or entertaining.

With no onward chain, this property presents an excellent opportunity for those looking to make it their own.

Agent Details

Penny & Sinclair, Oxford

01865 638862

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪