3 Bed Bungalow, Planning Permission, Witney, OX29 8EH, £550,000
Greenfield Crescent, Stonesfield, OX29 8EH - 2 months ago
Planning
ROI: 1%
~93 m²





+15 photos
ValuationOvervalued
Sold Prices | £255K - £690K |
Sold Prices/m² | £2.2K/m² - £13.8K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £5.9K/m² |
Value Estimate | £367,500 |
| |
End Value (After Refurb) | £490,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £137,500 |
Stamp Duty & Legal Fees | £32,700 |
Refurb Costs | £40,690 |
Bridging Loan Interest | £14,438 |
Total Cash In | £227,077 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £490,000 |
Mortgage (After Refinance) | £367,500 |
Mortgage LTV | 75% |
Cash Left In | £227,077 |
Equity | £122,500 |
Rent Range | £900 - £11,500 |
Rent Estimate | £2,148 |
Running Costs/mo | £1,981 |
Cashflow/mo | £167 |
Cashflow/yr | £2,006 |
ROI | 1% |
Gross Yield | 5% |
Local Sold Prices
25 sold prices from £255K to £690K, average is £360K. £2.2K/m² to £13.8K/m², average is £4K/m².
Local Rents
37 rents from £900/mo to £11.5K/mo, average is £1.6K/mo.
Local Area Statistics
Population in OX29 | 23,056 |
Population in Witney | 50,632 |
Town centre distance | 5.26 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.82 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +8% |
Sales demand | Balanced market |
Capital growth (5yrs) | +7% |
Property History
Listed for £550,000
February 18, 2025
Floor Plans
