3 Bed Semi-Detached House, Refurb/BRRR, Oxford, OX4 3DA, £350,000

Ridgefield Road, Oxford, OX4 3DA - 6 views - 2 months ago

Sold STC
Auction
Refurb/BRRR
~93 m²
+7 photos

ValuationFair Value

Sold Prices£360K - £824K
Sold Prices/m²£4K/m² - £9.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£353,500

 

 

End Value (After Refurb)

£507,759

Uplift in Value

+45%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£41,731

Bridging Loan Interest

£9,188

Total Cash In

£156,868

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£507,759

Agent Fees (1%)

£5,078

Bridging Loan

£262,500

Bridging Loan Interest

£9,188

Flip Profit

£83,313

Local Sold Prices

50 sold prices from £360K to £824K, average is £555K. £4K/m² to £9.6K/m², average is £6K/m².

PriceDateDistanceAddressBeds 
£550K04/240.06 mi376, Cowley Road, Oxford, Oxfordshire OX4 2BY3
£440K11/200.07 mi86, Cricket Road, Oxford, Oxfordshire OX4 3DH3
£511K02/210.07 mi48, Cricket Road, Oxford, Oxfordshire OX4 3DQ3
£425K03/230.12 mi18, Cricket Road, Oxford, Oxfordshire OX4 3DG3
£382.5K06/210.12 mi2, Cricket Road, Oxford, Oxfordshire OX4 3DG3
£525K05/230.14 mi8, Drove Acre Road, Oxford, Oxfordshire OX4 3DF3
£535K03/210.15 mi168, Howard Street, Oxford, Oxfordshire OX4 3BG3
£565K12/210.18 mi145, Howard Street, Oxford, Oxfordshire OX4 3AZ3
£435K11/210.2 mi150, Cricket Road, Oxford, Oxfordshire OX4 3DL3
£575K09/210.2 mi114, Charles Street, Oxford, Oxfordshire OX4 3AT3
£690K12/230.2 mi92, Charles Street, Oxford, Oxfordshire OX4 3AT3
£695.3K02/230.21 mi12, Essex Street, Oxford, Oxfordshire OX4 3AW3
£635K08/230.21 mi65, Essex Street, Oxford, Oxfordshire OX4 3AW3
£540K12/210.21 mi63, Hertford Street, Oxford, Oxfordshire OX4 3AL3
£560K04/210.22 mi8, Glanville Road, Oxford, Oxfordshire OX4 2DD3
£490K02/210.22 mi111, Charles Street, Oxford, Oxfordshire OX4 3AX3
£701.5K01/230.24 mi50, Percy Street, Oxford, Oxfordshire OX4 3AF3
£685K03/240.25 mi4, Hertford Street, Oxford, Oxfordshire OX4 3AJ3
£470K09/230.26 mi5, Reliance Way, Oxford, Oxfordshire OX4 2FU3
£637.7K11/210.26 mi142, Magdalen Road, Oxford, Oxfordshire OX4 1RL3
£527.5K06/230.27 mi2, Bhandari Close, Oxford, Oxfordshire OX4 3DT3
£625K01/210.28 mi134, Magdalen Road, Oxford, Oxfordshire OX4 1RJ3
£360K04/240.29 mi26, Pipkin Way, Oxford, Oxfordshire OX4 4AR3
£723.5K10/230.3 mi34, Charles Street, Oxford, Oxfordshire OX4 3AS3
£687K10/230.3 mi28, Charles Street, Oxford, Oxfordshire OX4 3AS3
£515K09/210.31 mi65, Charles Street, Oxford, Oxfordshire OX4 3AU3
£824K11/230.32 mi44, Southfield Road, Oxford, Oxfordshire OX4 1NZ3
£655K09/210.32 mi94, Percy Street, Oxford, Oxfordshire OX4 3AD3
£592.5K06/210.32 mi101, Percy Street, Oxford, Oxfordshire OX4 3AD3
£580K10/210.32 mi44, Percy Street, Oxford, Oxfordshire OX4 3AA3
£695K09/210.32 mi24, Southfield Road, Oxford, Oxfordshire OX4 1NZ3
£480K12/200.32 mi25, Sidney Street, Oxford, Oxfordshire OX4 3AG3
£595K05/210.33 mi7, Southfield Road, Oxford, Oxfordshire OX4 1NX3
£500K06/210.37 mi55, Magdalen Road, Oxford, Oxfordshire OX4 1RB3
£625K04/240.37 mi34, Magdalen Road, Oxford, Oxfordshire OX4 1RB3
£430K09/210.38 mi190, Campbell Road, Oxford, Oxfordshire OX4 3NR3
£425K02/210.39 mi231, Campbell Road, Oxford, Oxfordshire OX4 3NS3
£410K01/210.39 mi241, Campbell Road, Florence Park, Oxford, Oxfordshire OX4 3NS3
£520K02/210.4 mi12, Green Street, Oxford, Oxfordshire OX4 1YB3
£565K07/230.4 mi48, Divinity Road, Oxford, Oxfordshire OX4 1LJ3
£820K01/240.42 mi57, Stanley Road, Oxford, Oxfordshire OX4 1QY3
£725K05/210.42 mi59, Stanley Road, Oxford, Oxfordshire OX4 1QY3
£400K10/210.43 mi29, Hendred Street, Oxford, Oxfordshire OX4 2EE3
£406K07/210.43 mi31, Oxford Road, Cowley, Oxford, Oxfordshire OX4 2EN3
£505K06/210.44 mi15, Randolph Street, Oxford, Oxfordshire OX4 1XZ3
£648K07/230.44 mi108, St Marys Road, Oxford, Oxfordshire OX4 1QD3
£720K05/230.45 mi34, St Marys Road, Oxford, Oxfordshire OX4 1PY3
£715K10/230.45 mi33, St Marys Road, Oxford, Oxfordshire OX4 1PY3
£452.5K06/210.46 mi57, Hurst Street, Oxford, Oxfordshire OX4 1HA3
£500K02/210.46 mi72, Hurst Street, Oxford, Oxfordshire OX4 1HF3

Local Rents

50 rents from £1.4K/mo to £3.1K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,75009/240.04 mi3 BED HMO, Ridgefield Road, OX43
£2,19504/240.11 mi-3
£2,10006/240.14 miGlanville Road, Cowley3
£2,10009/240.15 mi-3
£1,90008/240.18 miReliance Way, East Oxford, OX43
£1,85008/240.18 miEssex Street, East Oxford, OX43
£1,80007/240.21 miReliance Way, OX4 3
£1,70003/250.22 mi-3
£2,35006/240.22 miCricket Road, HMO Ready 3/4 Sharers, OX43
£1,80006/240.27 miHoward Street, East Oxford, OX43
£2,30008/240.3 miCharles Street, East Oxford, OX43
£1,75006/240.32 miPercy Street, East Oxford, OX43
£2,15007/240.36 miBartlemas Road, Oxford, OX43
£2,00007/240.36 miMagdalen Road, Cowley, Oxford, OX43
£1,95007/240.37 miEast Oxford Epc Rating E3
£1,55002/240.38 mi-3
£1,90006/240.39 miSouthfield Park, HMO Ready 3 Sharers, OX43
£1,80006/240.39 miCowley Road, East Oxford, Oxford, OX43
£2,40007/240.41 miWarneford Road, Cowley OX4 1LU3
£1,65010/240.41 mi-3
£2,00007/240.41 miOxford Road, HMO Ready 3/4 Sharers, OX43
£1,45002/240.42 mi-3
£1,57506/240.43 miRandolph, Alica House 2A, Randolph Street, Oxford3
£1,80006/240.43 miRandolph, Alica House 2A, Randolph Street, Oxford3
£1,55006/240.45 miSouthfield Park, Cowley, Oxford, OX43
£1,50007/240.45 miSouthfield Park, Cowley, Oxford, OX43
£1,47507/240.45 miSouthfield Park, Cowley, Oxford, OX43
£1,45008/240.45 miSouthfield Park, Cowley, Oxford, OX43
£1,40008/240.45 miSouthfield Park, Cowley, Oxford, OX43
£1,40008/240.45 miSouthfield Park, Cowley, Oxford, OX43
£1,40008/240.45 miSouthfield Park, Cowley, Oxford, OX43
£1,95006/240.46 miLittle Hay Road, Oxford, Oxford, OX43
£1,88506/240.46 miCowley Road, Oxford, Oxford, OX43
£2,46506/240.46 mi-3
£3,08003/250.46 mi-3
£2,30009/240.5 miOxford Epc Rating C3
£1,95008/240.5 miCornwallis Close, East Oxford3
£2,00006/240.51 miBullingdon Road, East Oxford, OX43
£2,00006/240.51 miBullingdon Road, East Oxford, OX43
£1,67506/240.51 miOutram Road, Cowley3
£2,25009/240.53 miTemple Road, Oxford, OX43
£1,80008/240.53 miEdmund Road, Oxford, Oxfordshire, OX43
£1,85006/240.53 miJames Street, East Oxford, OX43
£2,05007/240.54 miCrescent Road, Oxford3
£1,99507/240.55 miTawney Street, Oxford, OX43
£1,55006/240.56 miFreelands Road, East Oxford, OX43
£2,30007/240.56 miUpper Flat, Hill Top Road, Cowley, Oxford3
£1,50009/240.57 miHurst Street, Oxford3
£2,50003/250.57 mi-3
£2,85007/240.58 miIffley Turn, Oxford, OX43

Local Area Statistics

Population in OX4

61,985

Population in Oxford

160,498

Town centre distance

1.62 miles away

Nearest school

0.20 miles away

Nearest train station

2.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £350,000

January 29, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • Driveway Leading To Garage +
  • Generous Rear Garden +
  • In Need Of Renovation Throughout +
  • Close In Location To Cowley Road +
  • Potential To Extend Subject To Planning +

SUMMARY
OPEN HOUSE - Saturday 8th February 10:00 - 13:00, contact us for details.

Allen & Harris are proud to offer to the market this three bedroom semi-detached property situated in a fantastic location close to Cowley Road and all its amenities.

DESCRIPTION
Allen & Harris are proud to offer to the market this three bedroom semi-detached property situated in a fantastic location close to Cowley Road and all its amenities.

The property is in need of complete renovation throughout and boasts from two reception rooms to the ground floor with a kitchen and downstairs bathroom. The first floor offers three bedrooms and access to the loft.

To the rear of the property is a generous garden which measures approximately 70 ft. in length and 26 ft. in width and offers potential to extend subject to planning.

The property has a driveway to the front which leads to a garage.

“It is our understanding that the Property is not registered at the Land Registry which is the case with a significant proportion of land across England and Wales. Your Conveyancer will take the necessary steps and advise you accordingly.”

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Porch  

Living Room  13' 9" x 11' 5" ( 4.19m x 3.48m )

Dining Room 16' x 8' 7" ( 4.88m x 2.62m )

Kitchen  10' 1" x 8' ( 3.07m x 2.44m )

Downstairs Bathroom  

Bedroom One 16' x 10' 6" ( 4.88m x 3.20m )

Bedroom Two  12' 1" x 8' 9" ( 3.68m x 2.67m )

Bedroom Three 6' 9" x 6' 1" ( 2.06m x 1.85m )

Rear Garden  

Garage  

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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