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.

PriceDateDistanceAddressBeds 
£440K07/230.05 mi30, Greenfield Crescent, Stonesfield, Witney, Oxfordshire OX29 8EH3
£307K08/230.05 mi14, Greenfield Crescent, Stonesfield, Witney, Oxfordshire OX29 8EH3
£382.5K03/210.05 mi42, Greenfield Crescent, Stonesfield, Witney, Oxfordshire OX29 8EH3
£270K08/240.08 mi4, Maplewell, Stonesfield, Witney, Oxfordshire OX29 8EZ3
£320K06/240.14 mi43, Pond Hill, Stonesfield, Witney, Oxfordshire OX29 8PZ3
£360K02/210.14 miPond Hill Cottage, Pond Hill, Stonesfield, Witney, Oxfordshire OX29 8PZ3
£320K05/210.17 mi5, Hunts Close, Stonesfield, Witney, Oxfordshire OX29 8QG3
£490K05/230.17 miOld Orchard, Woodstock Road, Stonesfield, Witney, Oxfordshire OX29 8QA3
£690K11/210.19 miGlebe Cottage, The Ridings, Stonesfield, Witney, Oxfordshire OX29 8EB3
£512K06/230.21 miRough Tor, The Ridings, Stonesfield, Witney, Oxfordshire OX29 8EA3
£300K01/210.28 mi19, Combe Road, Stonesfield, Witney, Oxfordshire OX29 8QD3
£415K06/210.29 miWynyard, Church Street, Stonesfield, Witney, Oxfordshire OX29 8PS3
£392.5K08/210.32 mi2, Maltsters, Stonesfield, Witney, Oxfordshire OX29 8PN3
£297K10/211.11 mi47, Knott Oaks, Combe, Witney, Oxfordshire OX29 8PJ3
£300K11/211.11 mi30, Knott Oaks, Combe, Witney, Oxfordshire OX29 8PJ3
£325K06/231.11 mi37, Knott Oaks, Combe, Witney, Oxfordshire OX29 8PJ3
£260K12/201.11 mi53, Knott Oaks, Combe, Witney, Oxfordshire OX29 8PJ3
£255K06/211.11 mi22, Knott Oaks, Combe, Witney, Oxfordshire OX29 8PJ3
£322.5K07/231.11 mi51, Knott Oaks, Combe, Witney, Oxfordshire OX29 8PJ3
£300K05/211.11 mi15, Knott Oaks, Combe, Witney, Oxfordshire OX29 8PJ3
£550K08/231.25 mi61, Akeman Street, Combe, Witney, Oxfordshire OX29 8NZ3
£625K05/241.31 miStonemead, Chatterpie Lane, Combe, Witney, Oxfordshire OX29 8PG3
£575K09/211.31 miStonemead, Chatterpie Lane, Combe, Witney, Oxfordshire OX29 8PG3
£550K10/211.5 miRose Cottage, Park Road, Combe, Witney, Oxfordshire OX29 8NA3
£625K03/231.5 mi2, Park Road, Combe, Witney, Oxfordshire OX29 8NA3

Local Rents

37 rents from £900/mo to £11.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,90012/240.12 miStonesfield, Witney, OX294
£1,55008/240.15 mi-3
£1,30006/240.18 miStonesfield2
£1,40006/240.18 miFarley Lane Stonesfield OX293
£1,80012/240.19 miWilliam Buckland Way, Witney, Oxfordshire3
£1,75012/240.2 miBarretts Close, Stonesfield4
£11,50012/240.21 miStonesfield7
£1,10012/240.24 miCombe Road, Stonesfield, OX291
£1,40006/240.28 miThe Tewer, Witney, Oxfordshire2
£1,05009/240.32 mi-2
£2,30012/240.33 miChurchfields, Stonesfield, Witney, Oxfordshire, OX293
£1,40003/230.35 mi-2
£1,50012/240.35 mi-2
£1,60012/240.35 mi-2
£1,50012/240.35 miLaughton Hill, Witney, OX292
£3,65006/240.96 miLittleworth Barn, Akeman Street, OX293
£90012/241.32 miOrchard Close, Combe1
£1,27506/241.34 miAkeman Street, Witney, Oxfordshire3
£3,50006/241.39 miHigherWestfieldFarmhouse5
£1,85006/241.44 miChurch Walk, Combe, Witney, Oxfordshire, OX293
£2,70006/241.47 miWoodleys, Woodstock2
£3,60003/252.17 mi-5
£3,30007/242.17 mi-5
£3,25008/232.19 mi-4
£2,99508/242.19 mi-4
£3,25012/242.19 miMillwood Farm Barns, Long Hanborough, Witney, OX294
£1,75012/242.29 miAbelwood Road, Long Hanborough5
£1,95012/242.29 miAbelwood Road, Long Hanborough4
£1,52506/242.31 miHill Crescent, Finstock, Oxfordshire3
£1,09506/242.32 miWitney Road, Long Hanborough OX29 8BJ1
£1,85006/242.39 mi-3
£1,10007/242.39 mi-1
£2,90002/252.41 mi-3
£1,60006/242.45 mi10a Main Road Long Hanborough, Witney3
£1,20009/242.45 mi-1
£1,20001/252.45 mi-1
£1,45012/242.47 miTicknell Piece Road, Charlbury, OX73

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

Description

  • Immaculately presented three bedroom dethatched bungalow with a well-balanced living space and potential to extend and reconfigure. +
  • A quiet position in the popular village of Stonesfield, a quintessential English village at the edge of the Cotswolds. +
  • The rear garden is beautifully landscaped. The front garden is mainly laid to lawn with planted borders and an adjoining driveway. +
  • Previously approved planning permission for a loft conversion , to create two further bedrooms and shower room (Ref 11/0510/P/FP). +

Set in a quiet position within the popular village of Stonesfield, a quintessential English village at the edge of the Cotswolds. This immaculately presented and extended three bedroom detached bungalow offers a well-balanced living space with a series of light and bright rooms unfolding over more than 1200 Sq Ft with previously approved planning permission to extend and reconfigure to create and extensive family home over two floors. Approached via a large driveway with generous provisions of off street parking and a front lawned garden. Once inside, there’s a central entrance hall which seamlessly connects to each room. There is a wonderful sense of separation between the bedrooms and living space, with three bedrooms to the right of the plan including two double rooms, one with fitted storage. To the left of the plan is a reception room with a large window inviting and excellent quality of natural light into the space. The reception room opens to a triple aspect modern ‘Linda Barker’ Kitchen/dining room with plenty of storage, fitted appliances and glazed French doors to the landscaped rear garden. Additionally, from the dining room there is access to a handy utility room and adjacent study with stairs to a versatile first floor room with Velux window (currently being uses as storage), adjacent to the vast loft space. Externally, there is a large driveway with generous provision of off street parking. The front landscaped garden is mainly laid to lawn with planted borders. The rear garden is beautifully landscaped with shingled pathways, lawned areas, planted beds and seating area. The property has previously approved planning permission convert the extensive loft space with front and rear dormers to create two further bedroom and a shower room (Ref 11/0510/P/FP). There is further potential to extend the ground floor (subject to the usual permissions). Stonesfield is a thriving village with a good range of amenities and local activities. These include a well-regarded primary school, shop with post office, hairdressers, community pub and a sports field with sports and social club. Sat equidistant between the local market towns of Woodstock, Charlbury and Witney. A bus service operates to Oxford via Woodstock and to the Charlbury and Chipping Norton.  There is a mainline railway station on the Worcester-Oxford-London (Paddington) line at Charlbury and Long Hanborough and to London Marylebone at Oxford Parkway.

Agent Details

Breckon & Breckon, Woodstock

01993 225908

Next Steps?

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