3 Bed Semi-Detached House, Refurb/BRRR, Oxford, OX4 6HP, £325,000

Blackbird Leys Road, Oxford, OX4 6HP - 10 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£220K - £495K
Sold Prices/m²£2.9K/m² - £6.7K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£331,500

 

 

End Value (After Refurb)

£399,103

Uplift in Value

+23%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£41,731

Bridging Loan Interest

£8,531

Total Cash In

£147,962

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£399,103

Mortgage (After Refinance)

£299,327

Mortgage LTV

75%

Cash Released

£55,577

Cash Left In

£92,385

Equity

£99,776

Rent Range

£1,500 - £3,467

Rent Estimate

£1,875

Running Costs/mo

£1,642

Cashflow/mo

£233

Cashflow/yr

£2,794

ROI

2%

Gross Yield

7%

Local Sold Prices

50 sold prices from £220K to £495K, average is £325K. £2.9K/m² to £6.7K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£273K06/210.07 mi13, Sandy Lane, Oxford, Oxfordshire OX4 6AL3
£285K11/230.09 mi5, Brambling Way, Oxford, Oxfordshire OX4 6EQ3
£335K08/210.1 mi22, Merlin Road, Oxford, Oxfordshire OX4 6EP3
£320K06/230.1 mi29, Whitethorn Way, Oxford, Oxfordshire OX4 6ER3
£300K01/210.11 mi36, Furlong Close, Oxford, Oxfordshire OX4 6AU3
£275K10/200.12 mi28, Balfour Road, Oxford, Oxfordshire OX4 6AQ3
£325K11/230.13 mi27, Linnet Close, Oxford, Oxfordshire OX4 6EL3
£320K10/230.17 mi44, Moorbank, Oxford, Oxfordshire OX4 6BJ3
£325K07/230.19 mi50, Knights Road, Oxford, Oxfordshire OX4 6DG3
£375K10/230.22 mi45, Balfour Road, Oxford, Oxfordshire OX4 6AE3
£250K04/210.23 mi37, Pegasus Road, Oxford, Oxfordshire OX4 6DS3
£300K01/210.24 mi138, Blackbird Leys Road, Oxford, Oxfordshire OX4 6HT3
£315K03/230.24 mi40, Ladenham Road, Oxford, Oxfordshire OX4 6AZ3
£268K03/210.24 mi42, Ladenham Road, Oxford, Oxfordshire OX4 6AZ3
£260K12/200.25 mi24, Blay Close, Oxford, Oxfordshire OX4 6BQ3
£400K04/240.3 mi24, Bampton Close, Oxford, Oxfordshire OX4 6NN3
£365K10/230.3 mi5, Sawpit Road, Oxford, Oxfordshire OX4 6BD3
£335K04/230.38 mi12, Windale Avenue, Oxford, Oxfordshire OX4 6JD3
£250K05/210.38 mi10, Windale Avenue, Oxford, Oxfordshire OX4 6JD3
£270K09/210.38 mi112, Pegasus Road, Oxford, Oxfordshire OX4 6JG3
£260K01/210.38 mi118, Pegasus Road, Oxford, Oxfordshire OX4 6JG3
£311K12/200.38 mi8, Kersington Crescent, Cowley, Oxford, Oxfordshire OX4 3RH3
£303K02/230.39 mi110, Pegasus Road, Oxford, Oxfordshire OX4 6JG3
£300K03/210.42 mi2, Field Avenue, Oxford, Oxfordshire OX4 6PH3
£310K01/210.43 mi160, Pegasus Road, Oxford, Oxfordshire OX4 6JQ3
£362K05/230.43 mi148, Herschel Crescent, Oxford, Oxfordshire OX4 3TY3
£495K05/230.43 mi172, Herschel Crescent, Oxford, Oxfordshire OX4 3TY3
£375K01/210.43 mi126, Herschel Crescent, Oxford, Oxfordshire OX4 3TY3
£375K01/210.43 mi126, Herschel Crescent, Oxford, Oxfordshire OX4 3TY3
£385K04/230.43 mi3, Minchery Farm Cottages, Littlemore, Oxford, Oxfordshire OX4 4YY3
£370K12/220.43 mi118, Herschel Crescent, Oxford, Oxfordshire OX4 3TU3
£435K07/230.44 mi153, Herschel Crescent, Oxford, Oxfordshire OX4 3TX3
£270K02/210.46 mi1, Angelica Close, Oxford, Oxfordshire OX4 6PT3
£284K03/230.46 mi64, Druce Way, Oxford, Oxfordshire OX4 6TJ3
£445K12/220.47 mi96, Herschel Crescent, Oxford, Oxfordshire OX4 3TU3
£360K01/210.47 mi79, Herschel Crescent, Oxford, Oxfordshire OX4 3TT3
£375K01/210.47 mi67, Herschel Crescent, Oxford, Oxfordshire OX4 3TT3
£415K04/230.47 mi101, Herschel Crescent, Oxford, Oxfordshire OX4 3TT3
£315K08/210.48 mi85, Barns Road, Oxford, Oxfordshire OX4 3QZ3
£415K02/240.49 mi244, Herschel Crescent, Oxford, Oxfordshire OX4 3TZ3
£388K12/200.49 mi188, Herschel Crescent, Oxford, Oxfordshire OX4 3TZ3
£250K02/210.49 mi14, Druce Way, Oxford, Oxfordshire OX4 6TB3
£355K12/220.5 mi63, Minchery Road, Oxford, Oxfordshire OX4 4LU3
£352K11/210.51 mi20, Nightingale Avenue, Oxford, Oxfordshire OX4 7YJ3
£429K07/230.52 mi52, Bodley Road, Littlemore, Oxford, Oxfordshire OX4 3UA3
£315K05/230.52 mi24, Priory Road, Oxford, Oxfordshire OX4 4NE3
£380K07/230.52 mi51, Bodley Road, Littlemore, Oxford, Oxfordshire OX4 3UB3
£425K07/230.52 mi41, Bodley Road, Littlemore, Oxford, Oxfordshire OX4 3UB3
£362.5K11/200.53 mi18, Bodley Road, Littlemore, Oxford, Oxfordshire OX4 3UA3
£220K01/230.53 mi147, Sorrel Road, Oxford, Oxfordshire OX4 6SJ3

Local Rents

32 rents from £1.5K/mo to £3.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80003/250.16 mi-3
£1,65003/250.17 mi-3
£1,80006/240.17 miLittle Field, Oxford3
£1,60003/250.19 mi-3
£1,59003/250.19 mi-3
£1,80006/240.23 mi-3
£1,75006/240.23 miHendred Street *Student* 3 Double Bedrooms OX4 2EE3
£1,50002/250.28 mi-3
£1,50002/250.28 mi-3
£1,60007/240.43 miHerschel Crescent, OXFORD3
£2,20003/250.46 mi-3
£1,70006/240.47 miHerschel Crescent, Oxford, Oxfordshire, OX43
£3,20003/250.51 mi-3
£1,75006/240.52 miField Avenue, Oxford, OX43
£1,60006/240.52 miMinchery Road, Oxford, OX43
£1,75007/240.53 mi-3
£1,75006/240.53 miAlice Smith Square, Oxford, OX43
£1,65003/250.53 mi-3
£1,70007/240.56 miBergamot Place, Greater Leys, Oxford, OX43
£1,60006/240.56 miLong Lane, Littlemore, Oxford3
£1,75006/240.56 mi-3
£1,75002/250.56 mi-3
£1,75006/240.56 miBergamot Place, Oxford, OX43
£1,85007/240.58 miBergamot Place, Greater Leys, Oxford, OX43
£1,70008/240.58 miBergamot Place, Greater Leys, Oxford, OX43
£2,10012/240.58 mi-3
£1,55006/240.59 miBartholomew Road, East Oxford, OX43
£3,46706/240.59 mi-3
£3,46706/240.59 miCarpenter Close, Oxford, OX43
£1,60007/240.61 miBartholomew Road, East Oxford, OX43
£1,75007/240.61 miBartholomew Road, East Oxford, OX43
£1,85007/240.62 miRedmoor Close, Littlemore3

Local Area Statistics

Population in OX4

61,985

Population in Oxford

160,498

Town centre distance

3.21 miles away

Nearest school

0.20 miles away

Nearest train station

2.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £325,000

December 26, 2024

Description

  • No Onward Chain +
  • Two Reception Rooms +
  • Opportunity for Renovation +
  • Three Bedrooms +
  • Generous Rear Garden +

SUMMARY
Allen & Harris are pleased to offer to the market the former Blackbird Leys Dentist now brought to the market as a residential opportunity for renovation.

DESCRIPTION
Allen & Harris are pleased to offer to the market the former Blackbird Leys Dentist now brought to the market as a residential opportunity for renovation.

The property itself consists of two generous reception rooms and separate kitchen to the ground floor with access out to the rear garden.

The first floor of the property consists of three bedrooms and a family bathroom, the property is offered with no onward chain and the current sellers are in the process of legally converting the property from a commercial property back to a residential house.

Entrance Hall 

Living Room/ Former Reception 12' 6" max x 11' 8" max ( 3.81m max x 3.56m max )

Dining Room 10' 2" x 8' 9" ( 3.10m x 2.67m )

Kitchen 10' 2" x 9' 6" ( 3.10m x 2.90m )

Landing 

Bedroom One 13' 3" x 10' 9" ( 4.04m x 3.28m )

Bedroom Two 10' 10" x 10' 9" ( 3.30m x 3.28m )

Bedroom Three 8' 2" x 7' 6" ( 2.49m x 2.29m )

Bathroom 

Garden  

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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