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

Sold Prices	£340K - £700K
Sold Prices/m²	£4.1K/m² - £7.6K/m²

Square Metres	~93 m²
Price/m²	£4.8K/m²
Value Estimate	£454,500£454,500

End Value (After Refurb)	£523,600£523,600
Uplift in Value	+16%+16%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£24,700£24,700
Refurb Costs	£41,600£41,600
Bridging Loan Interest	£11,813£11,813
Total Cash In	£192,363£192,363

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£523,600£523,600
Mortgage (After Refinance)	£392,700£392,700
Mortgage LTV	75%75%
Cash Released	£55,200£55,200
Cash Left In	£137,162£137,162
Equity	£130,900£130,900
Rent Range	£1,500 - £3,500£1,500 - £3,500
Rent Estimate	£2,066
Running Costs/mo	£2,069£2,069
Cashflow/mo	£-3£-3
Cashflow/yr	£-41£-41
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £340K to £700K, average is £456.5K. £4.1K/m² to £7.6K/m², average is £5.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£428K	03/23	0 mi	48, Weldon Road, Marston, Oxford, Oxfordshire OX3 0HP	-	-	3	Semi-Detached House
£463K	12/22	0.02 mi	58, Weldon Road, Marston, Oxford, Oxfordshire OX3 0HP	-	-	3	Terraced House
£445K	03/21	0.03 mi	22, Weldon Road, Marston, Oxford, Oxfordshire OX3 0HP	£4,588	97	3	Semi-Detached House
£407K	11/20	0.03 mi	3, Heather Place, Marston, Oxford, Oxfordshire OX3 0LG	£4,573	89	3	Terraced House
£360K	02/21	0.03 mi	8, Heather Place, Marston, Oxford, Oxfordshire OX3 0LG	£4,337	83	3	Terraced House
£340K	05/21	0.04 mi	15, Stainer Place, Marston, Oxford, Oxfordshire OX3 0LE	£4,789	71	3	Terraced House
£550K	03/21	0.08 mi	317, Marston Road, Marston, Oxford, Oxfordshire OX3 0EP	-	-	3	Semi-Detached House
£470K	08/21	0.08 mi	22, Nicholson Road, Marston, Oxford, Oxfordshire OX3 0HW	-	-	3	Detached House
£405K	02/21	0.12 mi	8, Westrup Close, Marston, Oxford, Oxfordshire OX3 0HZ	£6,087	67	3	Semi-Detached House
£445K	07/23	0.12 mi	7, Parry Close, Marston, Oxford, Oxfordshire OX3 0HY	£6,630	67	3	Terraced House
£431.2K	04/24	0.12 mi	8, Purcell Road, Marston, Oxford, Oxfordshire OX3 0HB	-	-	3	Semi-Detached House
£445K	09/20	0.12 mi	14, Purcell Road, Marston, Oxford, Oxfordshire OX3 0HB	£5,855	76	3	Semi-Detached House
£414K	12/20	0.12 mi	39, Purcell Road, Marston, Oxford, Oxfordshire OX3 0HB	£6,179	67	3	Semi-Detached House
£430K	10/20	0.13 mi	48, Croft Road, Marston, Oxford, Oxfordshire OX3 0LA	£4,135	104	3	Semi-Detached House
£500K	05/21	0.13 mi	69, Croft Road, Marston, Oxford, Oxfordshire OX3 0JZ	£6,098	82	3	Semi-Detached House
£385K	06/21	0.13 mi	17, Croft Road, Marston, Oxford, Oxfordshire OX3 0JZ	-	-	3	Terraced House
£597K	03/23	0.16 mi	32, Hugh Allen Crescent, Marston, Oxford, Oxfordshire OX3 0HN	-	-	3	Semi-Detached House
£580K	10/20	0.16 mi	12, Hugh Allen Crescent, Marston, Oxford, Oxfordshire OX3 0HN	£4,715	123	3	Semi-Detached House
£512.5K	08/23	0.16 mi	48, Hugh Allen Crescent, Marston, Oxford, Oxfordshire OX3 0HN	£6,926	74	3	Semi-Detached House
£420K	11/21	0.17 mi	68, Crotch Crescent, Marston, Oxford, Oxfordshire OX3 0JN	-	-	3	Semi-Detached House
£441K	08/21	0.17 mi	386, Marston Road, Marston, Oxford, Oxfordshire OX3 0JD	-	-	3	Semi-Detached House
£625K	06/23	0.18 mi	13, Hugh Allen Crescent, Marston, Oxford, Oxfordshire OX3 0HL	£6,579	95	3	Semi-Detached House
£500K	01/21	0.18 mi	39, Hugh Allen Crescent, Marston, Oxford, Oxfordshire OX3 0HL	£6,497	77	3	Semi-Detached House
£515K	03/21	0.2 mi	64, Edgeway Road, Marston, Oxford, Oxfordshire OX3 0HE	£6,603	78	3	Semi-Detached House
£575K	08/23	0.2 mi	263, Marston Road, Marston, Oxford, Oxfordshire OX3 0EW	-	-	3	Semi-Detached House
£445K	12/20	0.2 mi	29, Rippington Drive, Marston, Oxford, Oxfordshire OX3 0RJ	£4,785	93	3	Terraced House
£450K	11/20	0.21 mi	2, Doris Field Close, Headington, Oxford, Oxfordshire OX3 0DP	£5,422	83	3	Semi-Detached House
£340K	11/20	0.21 mi	28, Old Marston Road, Marston, Oxford, Oxfordshire OX3 0JP	£4,445	76	3	Semi-Detached House
£520K	02/21	0.21 mi	89, Edgeway Road, Marston, Oxford, Oxfordshire OX3 0HF	£5,714	91	3	Detached House
£680K	10/22	0.22 mi	78a, Ferry Road, Marston, Oxford, Oxfordshire OX3 0EX	£7,640	89	3	Detached House
£398K	12/22	0.23 mi	28, Old Marston Road, Marston, Oxford, Oxfordshire OX3 0JP	£5,203	76	3	Semi-Detached House
£590K	06/23	0.23 mi	106, Ferry Road, Marston, Oxford, Oxfordshire OX3 0EX	£7,195	82	3	Semi-Detached House
£440K	01/24	0.25 mi	18, Nicholas Avenue, Marston, Oxford, Oxfordshire OX3 0RN	-	-	3	Terraced House
£415K	01/21	0.25 mi	20, Nicholas Avenue, Marston, Oxford, Oxfordshire OX3 0RN	£4,611	90	3	Semi-Detached House
£430K	04/21	0.25 mi	14, Nicholas Avenue, Marston, Oxford, Oxfordshire OX3 0RN	£4,388	98	3	Semi-Detached House
£515K	09/22	0.25 mi	12, Nicholas Avenue, Marston, Oxford, Oxfordshire OX3 0RN	-	-	3	Terraced House
£550K	10/23	0.26 mi	33, Ferry Road, Marston, Oxford, Oxfordshire OX3 0EU	£6,180	89	3	Terraced House
£458K	10/21	0.27 mi	11, Fairfax Avenue, Marston, Oxford, Oxfordshire OX3 0RP	£5,725	80	3	Terraced House
£465K	11/23	0.27 mi	15, Fairfax Avenue, Marston, Oxford, Oxfordshire OX3 0RP	-	-	3	Terraced House
£420K	04/21	0.29 mi	140, Oxford Road, Old Marston, Oxford, Oxfordshire OX3 0RE	£5,915	71	3	Semi-Detached House
£455K	12/22	0.29 mi	475, Marston Road, Marston, Oxford, Oxfordshire OX3 0JQ	-	-	3	Semi-Detached House
£525K	11/20	0.29 mi	7, Ferry Road, Marston, Oxford, Oxfordshire OX3 0ET	£6,731	78	3	Semi-Detached House
£559.5K	10/23	0.29 mi	16, Peacock Road, Headington, Oxford, Oxfordshire OX3 0DQ	-	-	3	Semi-Detached House
£410K	01/21	0.3 mi	469, Marston Road, Marston, Oxford, Oxfordshire OX3 0JQ	£5,775	71	3	Semi-Detached House
£463K	12/20	0.31 mi	242, Marston Road, Marston, Oxford, Oxfordshire OX3 0EL	£4,368	106	3	Terraced House
£375K	11/20	0.31 mi	56, Mortimer Drive, Marston, Oxford, Oxfordshire OX3 0RU	£4,747	79	3	Semi-Detached House
£700K	10/22	0.32 mi	10, Prichard Road, Headington, Oxford, Oxfordshire OX3 0DG	-	-	3	Terraced House
£540K	01/23	0.32 mi	1, Prichard Road, Headington, Oxford, Oxfordshire OX3 0DG	£6,585	82	3	Semi-Detached House
£530.5K	01/23	0.33 mi	31, Beechey Avenue, Marston, Oxford, Oxfordshire OX3 0JU	-	-	3	Semi-Detached House
£510K	06/21	0.33 mi	27, William Street, Marston, Oxford, Oxfordshire OX3 0ES	-	-	3	Terraced House

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,750	07/24	0.05 mi	Hayes Close, Marston, Oxford, OX3	3	Semi-Detached House
£1,500	09/24	0.1 mi	Farmer Place, Oxford, OX3	3	Terraced House
£1,800	09/24	0.11 mi	Nicholson Road, Marston, Oxford, OX3	3	Semi-Detached House
£1,800	10/24	0.11 mi	-	3	Semi-Detached House
£1,950	07/24	0.12 mi	Farmer Place, Headington, OX3 0LB	3	Terraced House
£1,900	06/24	0.13 mi	Marston Road, Marston, OXFORD	3	Flat
£1,650	07/24	0.14 mi	Croft Road, Marston, Oxford, OX3 0JZ	3	Terraced House
£1,850	07/24	0.19 mi	Jack Straws Lane, Headington, OX3	3	Semi-Detached House
£2,250	07/24	0.2 mi	Old Marston Road, Oxford, OX3	3	Semi-Detached House
£1,900	08/24	0.21 mi	Edgeway Road, Marston, OX3	3	Terraced House
£1,750	08/24	0.21 mi	Old Marston Road, Marston, OX3	3	Semi-Detached House
£2,300	06/24	0.21 mi	Edgeway Road, Marston, OX3 0HF	3	Terraced House
£3,000	08/24	0.26 mi	Ferry Road, Marston	3	Detached House
£3,000	07/24	0.26 mi	Ferry Road, Marston, OX3	3	Detached House
£3,000	07/24	0.26 mi	Ferry Road, Marston, OX3	3	Detached House
£1,750	07/24	0.27 mi	Edgeway Road, Marston, Oxford, OX3 0HD	3	Semi-Detached House
£1,850	02/25	0.29 mi	-	3	Terraced House
£1,850	08/24	0.29 mi	Lewell Avenue, Marston, Oxford	3	House
£1,900	06/24	0.29 mi	-	3	Semi-Detached House
£2,050	07/24	0.3 mi	-	3	Semi-Detached House
£3,500	12/24	0.31 mi	-	3	Flat
£3,300	02/25	0.31 mi	-	3	Flat
£1,850	05/24	0.31 mi	-	3	Semi-Detached House
£1,650	07/24	0.32 mi	Freeman Court, Marston Road, Oxford, OX3	3	Flat
£2,000	07/24	0.33 mi	Marston	3	Detached House
£1,850	02/25	0.34 mi	-	3	Flat
£1,600	12/24	0.34 mi	-	3	Semi-Detached House
£2,190	06/24	0.4 mi	Marsh Lane, Marston	3	Detached House
£2,190	06/24	0.42 mi	Marsh Lane, Oxford, HMO Ready 3/4 Sharers, OX3	3	Detached House
£1,750	03/24	0.45 mi	Derwent Avenue,Headington,Oxford,OX3	3	Detached House
£1,550	06/24	0.45 mi	Copse Lane, Marston, OX3	3	Detached House
£2,000	08/24	0.45 mi	Derwent Avenue, Marston, OX3	3	Semi-Detached House
£1,750	08/24	0.45 mi	Brookfield Crescent, Marston, OX3	3	Semi-Detached House
£1,900	07/24	0.51 mi	Horseman Close	3	Semi-Detached House
£2,750	07/24	0.52 mi	Eden Drive, Headington, OX3	3	Detached House
£3,000	07/24	0.52 mi	Coniston Avenue, Headington, OX3	3	Semi-Detached House
£2,000	08/24	0.55 mi	Copse Lane, Marston, Oxford, Oxfordshire, OX3 0AY	3	Semi-Detached House
£1,795	07/24	0.55 mi	Coniston Avenue, Headington, Oxford, OX3	3	Terraced House

Local Area Statistics

Population in OX3	43,42943,429
Population in Oxford	160,498160,498
Town centre distance	1.07 miles away1.07 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	1.60 miles away1.60 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+12%+12%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+14%+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 💪

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