3 Bed Semi-Detached House, Refurb/BRRR, Oxford, OX4 4JA, £400,000

Courtland Road, Oxford, OX4 4JA - 9 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£254.4K - £865K
Sold Prices/m²£2.8K/m² - £8.2K/m²

 

 

Square Metres

~93 m²
Price/m²£4.3K/m²

Value Estimate

£412,000
BMV3%

 

 

End Value (After Refurb)

£472,381

Uplift in Value

+18%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Refurb Costs

£41,731

Bridging Loan Interest

£10,500

Total Cash In

£174,681

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£472,381

Mortgage (After Refinance)

£354,286

Mortgage LTV

75%

Cash Released

£54,286

Cash Left In

£120,395

Equity

£118,095

Rent Range

£1,250 - £4,333

Rent Estimate

£2,014

Running Costs/mo

£1,899

Cashflow/mo

£115

Cashflow/yr

£1,380

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £254.4K to £865K, average is £420K. £2.8K/m² to £8.2K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£550K01/230.07 mi29, Courtland Road, Oxford, Oxfordshire OX4 4HZ3
£325K03/210.08 mi24, Spencer Crescent, Oxford, Oxfordshire OX4 4SN3
£585K07/230.09 mi18, Annesley Road, Oxford, Oxfordshire OX4 4JQ3
£496.8K08/210.12 mi54, Courtland Road, Oxford, Oxfordshire OX4 4JB3
£515K03/240.12 mi54, Courtland Road, Oxford, Oxfordshire OX4 4JB3
£460K07/230.14 mi7, Hillsborough Road, Oxford, Oxfordshire OX4 3SL3
£450K05/230.16 mi55, Kelburne Road, Oxford, Oxfordshire OX4 3SH3
£550K06/230.17 mi28, Westbury Crescent, Oxford, Oxfordshire OX4 3RZ3
£518K12/220.17 mi4, Westbury Crescent, Oxford, Oxfordshire OX4 3RZ3
£510K08/230.18 mi9, Stone Quarry Lane, Oxford, Oxfordshire OX4 4HE3
£290K12/220.18 mi9, Fiennes Road, Oxford, Oxfordshire OX4 4RQ3
£530K04/230.19 mi8, Rose Hill, Oxford, Oxfordshire OX4 4HS3
£399K03/210.2 mi112, Oxford Road, Littlemore, Oxford, Oxfordshire OX4 4QP3
£495K02/210.2 mi2, Eleanor Close, Oxford, Oxfordshire OX4 3ND3
£480K12/200.2 mi13, Egerton Road, Oxford, Oxfordshire OX4 4JF3
£625K03/230.2 mi13, Egerton Road, Oxford, Oxfordshire OX4 4JF3
£375K03/210.21 mi41, Mayfair Road, Oxford, Oxfordshire OX4 3SR3
£452.5K01/240.21 mi26, Mayfair Road, Oxford, Oxfordshire OX4 3SR3
£395K11/200.21 mi26, Mayfair Road, Oxford, Oxfordshire OX4 3SR3
£400K05/210.22 mi17, Fairlie Road, Oxford, Oxfordshire OX4 3SW3
£254.4K02/210.23 mi28, St Martins Road, Oxford, Oxfordshire OX4 4RS3
£465K06/210.23 mi11, Rose Hill, Oxford, Oxfordshire OX4 4JP3
£325K03/240.25 mi65, Asquith Road, Oxford, Oxfordshire OX4 4RN3
£555K11/200.26 mi16, Church Cowley Road, Oxford, Oxfordshire OX4 3JR3
£450K11/230.26 mi24, Church Hill Road, Oxford, Oxfordshire OX4 3SE3
£510K12/220.27 mi19, Church Hill Road, Oxford, Oxfordshire OX4 3SG3
£450K02/240.27 mi3, Church Hill Road, Oxford, Oxfordshire OX4 3SG3
£410K08/230.27 mi11, Newman Road, Oxford, Oxfordshire OX4 3UJ3
£380K08/210.28 mi39, Church Cowley Road, Oxford, Oxfordshire OX4 3JR3
£540K04/210.28 mi18, Church Cowley Road, Cowley, Oxford, Oxfordshire OX4 3JR3
£360K04/210.28 mi43, Church Cowley Road, Oxford, Oxfordshire OX4 3JR3
£425K11/200.28 mi14, Church Cowley Road, Cowley, Oxford, Oxfordshire OX4 3JR3
£419.8K02/230.28 mi29, Church Cowley Road, Oxford, Oxfordshire OX4 3JR3
£380K12/220.28 mi21, Church Cowley Road, Oxford, Oxfordshire OX4 3JR3
£420K07/230.28 mi4, Mayfair Road, Oxford, Oxfordshire OX4 3SP3
£407K12/220.29 mi16, Newman Road, Oxford, Oxfordshire OX4 3UJ3
£330K07/210.3 mi24, Cardinal Close, Oxford, Oxfordshire OX4 3UE3
£330K09/210.3 mi30, Cardinal Close, Oxford, Oxfordshire OX4 3UE3
£585K04/230.3 mi9, Tree Lane, Oxford, Oxfordshire OX4 4EY3
£865K07/220.3 mi27, Tree Lane, Oxford, Oxfordshire OX4 4EY3
£300K11/200.31 mi61, Lambourn Road, Oxford, Oxfordshire OX4 4SD3
£358K02/210.31 mi55, Campbell Road, Florence Park, Oxford, Oxfordshire OX4 3PG3
£352.5K03/230.31 mi74, Campbell Road, Florence Park, Oxford, Oxfordshire OX4 3PG3
£410K02/210.32 mi10, Beauchamp Lane, Oxford, Oxfordshire OX4 3LF3
£465K12/220.32 mi8, Beauchamp Lane, Oxford, Oxfordshire OX4 3LF3
£385K02/210.33 mi147, Campbell Road, Oxford, Oxfordshire OX4 3NX3
£403K01/240.34 mi104, Cowley Road, Littlemore, Oxford, Oxfordshire OX4 3TJ3
£415K01/210.35 mi25, Florence Park Road, Oxford, Oxfordshire OX4 3PN3
£420K12/220.35 mi5, Gaisford Road, Oxford, Oxfordshire OX4 3LH3
£375K03/210.36 mi23, Crowell Road, Oxford, Oxfordshire OX4 3LL3

Local Rents

45 rents from £1.3K/mo to £4.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,75004/240.13 mi-3
£2,00006/240.14 miHillsborough Road, OXFORD3
£1,85012/230.15 mi-3
£1,80006/240.18 miDashwood Road, East Oxford, OX43
£2,20006/240.19 miRose Hill, Oxford, OX43
£2,10002/250.2 mi-3
£2,30006/240.21 mi-3
£1,80001/250.31 mi-3
£3,25006/240.33 miIffley Turn, Oxford, Oxfordshire, OX44HN3
£4,33302/240.35 mi-3
£3,20006/240.35 mi-3
£2,00010/240.35 mi-3
£2,10012/240.35 mi-3
£2,00002/250.35 mi-3
£1,25008/240.38 miElm Tree, Littlemore, OX43
£2,02506/240.39 miCampbell Road, Oxford3
£1,60007/240.4 miBartholomew Road, East Oxford, OX43
£1,75007/240.4 miBartholomew Road, East Oxford, OX43
£1,67506/240.41 miOutram Road, Cowley3
£1,70006/240.43 miCottesmore Road, OXFORD, Oxfordshire3
£2,10012/240.43 mi-3
£1,95008/240.44 miCornwallis Close, East Oxford3
£1,60006/240.45 miLong Lane, Littlemore, Oxford3
£2,85007/240.46 miIffley Turn, Oxford, OX43
£2,40007/240.47 miHMO licence with 3 DOUBLE bedrooms3
£2,10006/240.47 miA Liddell Road, Oxford3
£1,85007/240.49 miWilliamson Way, OXFORD3
£2,20011/240.49 mi-3
£1,60006/240.49 miChurch Way, Iffley Village, OX43
£1,55006/240.51 miBartholomew Road, East Oxford, OX43
£3,20003/250.51 mi-3
£1,55002/240.53 mi-3
£1,65006/240.54 miBarns Road, OXFORD3
£1,65006/240.54 miBarns Road, OXFORD3
£1,65007/240.54 miBarns Road, OXFORD3
£1,50006/240.56 miLittlehay Road, East Oxford, OX43
£3,00009/240.57 miMeadow Lane, Oxford, OX43
£1,60007/240.57 miHerschel Crescent, OXFORD3
£1,70006/240.58 miHerschel Crescent, Oxford, Oxfordshire, OX43
£2,46506/240.58 mi-3
£3,08003/250.58 mi-3
£1,55006/240.59 miFreelands Road, East Oxford, OX43
£1,70011/240.59 mi-3
£1,90006/240.59 miLittlemore, Oxford, OX43
£1,80008/240.61 miEdmund Road, Oxford, Oxfordshire, OX43

Local Area Statistics

Population in OX4

61,985

Population in Oxford

160,498

Town centre distance

2.28 miles away

Nearest school

0.30 miles away

Nearest train station

2.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £400,000

December 26, 2024

Floor Plans

Description

  • No Onward Chain +
  • Generous Rear Garden +
  • In Need Of Modernisation +
  • Gas Central Heating +
  • Garage +

SUMMARY
Allen & Harris are proud to offer this three bedroom property for sale in need of modernisation. This property is situated in a very popular area within Iffley boarders giving, excellent links for commuters, being located approximately 400 ft. from the nearest bus stop.

DESCRIPTION
Allen & Harris are proud to offer this three bedroom property for sale in need of modernisation.

This property is situated in a very popular area within Iffley boarders giving excellent links for commuters, being located approximately 400 ft. from the nearest bus stop.

The property is in need of renovation throughout but offers a fantastic opportunity to create a stylish generous family home. To the rear of the property is an ample size garden with access to a garage.

The property is offered with no onward chain, gas central heating and double glazed windows.

AGENTS NOTE - 'The sale of this property will be subject to receipt of Letters of Administration from the Probate Office. We ask that interested parties seek guidance as to the potential timeframes involved for this purchase with their conveyancer.'

Entrance Hall 

Living Room 12' 9" max x 11' 3" max ( 3.89m max x 3.43m max )

Dining Room 11' 3" x 7' 9" ( 3.43m x 2.36m )

Kitchen 8' 4" x 6' 5" ( 2.54m x 1.96m )

Lean To  11' 5" x 6' 9" ( 3.48m x 2.06m )

Bedroom One 11' 3" x 8' 8" ( 3.43m x 2.64m )

Bedroom Two 12' 6" x 8' 8" ( 3.81m x 2.64m )

Bedroom Three 6' 4" x 5' 6" ( 1.93m x 1.68m )

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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