4 Bed Detached House, Refurb/BRRR, Witney, OX29 7SB, £800,000

Rack End, Standlake, Witney, OX29 7SB - 1 views - 2 months ago

Refurb/BRRR
~129 m²
+24 photos

ValuationOvervalued

Sold Prices£335K - £1.2M
Sold Prices/m²£3K/m² - £5.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£6.2K/m²

Value Estimate

£438,813

 

 

End Value (After Refurb)

£665,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£200,000

Stamp Duty & Legal Fees

£52,700

Refurb Costs

£56,553

Bridging Loan Interest

£21,000

Total Cash In

£332,003

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£665,000

Mortgage (After Refinance)

£498,750

Mortgage LTV

75%

Cash Left In

£332,003

Equity

£166,250

Rent Range

£675 - £2,500

Rent Estimate

£1,423

Running Costs/mo

£2,383

Cashflow/mo

£-960

Cashflow/yr

£-11,517

Gross Yield

2%

Local Sold Prices

21 sold prices from £335K to £1.2M, average is £580K. £3K/m² to £5.3K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£685K06/210.23 mi20, High Street, Standlake, Witney, Oxfordshire OX29 7RY4
£415K03/210.23 mi34, High Street, Standlake, Witney, Oxfordshire OX29 7RY4
£560K10/230.28 mi35, Manor Crescent, Standlake, Witney, Oxfordshire OX29 7RX4
£600K12/200.35 miThe Boat House, 29b, High Street, Standlake, Witney, Oxfordshire OX29 7RH4
£655K06/210.58 miWalnut View, The Downs, Standlake, Witney, Oxfordshire OX29 7SH4
£580K02/230.68 mi113, Abingdon Road, Standlake, Witney, Oxfordshire OX29 7QN4
£520K11/200.86 mi68a, Abingdon Road, Standlake, Witney, Oxfordshire OX29 7RQ4
£675K02/230.86 mi58a, Abingdon Road, Standlake, Witney, Oxfordshire OX29 7RQ4
£680K04/230.87 miAshbourne, The Downs, Standlake, Witney, Oxfordshire OX29 7TB4
£495K11/231.63 mi8, Council Houses, Stanton Harcourt, Witney, Oxfordshire OX29 5SQ4
£655K11/221.68 mi6, Farmhouse Close, Stanton Harcourt, Witney, Oxfordshire OX29 5TD4
£355K11/201.83 mi16, Bury Mead, Stanton Harcourt, Witney, Oxfordshire OX29 5SD4
£800K11/222.41 miHolly Tree Cottage, Tucks Lane, Longworth, Abingdon, Oxfordshire OX13 5ET4
£475K12/202.7 mi7, Martens Lake, Longworth, Abingdon, Oxfordshire OX13 5EG4
£695K08/232.73 mi7, Whites Forge, Appleton, Abingdon, Oxfordshire OX13 5LG4
£1.2M06/232.78 mi86, Eaton Road, Appleton, Abingdon, Oxfordshire OX13 5JJ4
£360K03/212.85 mi4, Oakesmere, Appleton, Abingdon, Oxfordshire OX13 5JS4
£750K06/212.88 mi1, Park Lane, Appleton, Abingdon, Oxfordshire OX13 5JT4
£557.5K05/212.93 mi6, Chadelworth Way, Kingston Bagpuize, Abingdon, Oxfordshire OX13 5FT4
£400K05/232.96 mi26, Blandy Avenue, Southmoor, Abingdon, Oxfordshire OX13 5DB4
£335K02/212.96 mi3, Larch Close, Southmoor, Abingdon, Oxfordshire OX13 5DD4

Local Rents

14 rents from £675/mo to £2.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,80012/240.24 miWoodlands, Standlake, Oxon, OX29 7RA4
£1,35006/240.34 miGardeners Cottage High Street, Standlake2
£2,50006/241 miLancott Lane Brighthampton OX294
£1,75012/241.11 miAston Road, Brighthampton3
£1,80012/241.11 miAston Road, Brighthampton3
£1,45006/241.22 miChapel Lane, Northmoor, WITNEY2
£67506/241.37 miCotswold Dene, Standlake1
£67506/241.37 miHarcourt House, Cotswold Dene1
£79512/241.37 miHarcourt House, Cotswold Dene1
£1,00006/241.58 miWillowbrook, Stanton Harcourt, Witney, OX292
£1,50006/241.58 miWest End, Stanton Harcourt, OX292
£2,45006/241.66 miFrances Cottage, Stanton Harcourt4
£1,00012/241.7 miThe Row, Stanton Harcourt2
£1,17512/241.77 miBury Mead, Stanton Harcourt, WITNEY, Oxfordshire, OX292

Local Area Statistics

Population in OX29

23,056

Population in Witney

50,632

Town centre distance

5.23 miles away

Nearest school

0.30 miles away

Nearest train station

6.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+7%

Property History

Listed for £800,000

February 25, 2025

Floor Plans

Description

  • Prime village location +
  • Fully renovated 4 bedroom home +
  • Stunning kitchen/breakfast room +
  • Large living room with study area +
  • Cloakroom +
  • En suite to principal bedroom +
  • Family bathroom with bath and shower +
  • South facing garden with summer house +
  • Views of open fields to rear +
  • Driveway parking for 2 vehicles +

This stunning, fully renovated 4-bedroom detached home in Standlake, Oxfordshire, offers a perfect blend of modern luxury and countryside charm. Originally built in the 1950s, the property has been meticulously transformed since 2020, creating a contemporary living space that’s ideal for modern family life. Nestled in a peaceful location, the home backs onto open fields, offering breathtaking views and a tranquil atmosphere. Step inside, and you’ll immediately appreciate the attention to detail. The kitchen features sleek quartz worktops, a large breakfast bar with induction hob and extraction, two ovens (one with a microwave and warming drawer), and a sink with a half-basin for ultimate functionality. The open-plan dining area seamlessly connects to the kitchen and offers ample space for a large table, with doors leading out to the garden. The utility room provides extra storage and space for a fridge, washing machine, and dryer, with potential to add a dishwasher, while the stylish WC off the entrance hall is beautifully finished. The living room is a true highlight, featuring a large built-in media unit and a cozy log burner (installed in 2021). The space is flooded with natural light from large windows and patio doors leading to the garden. For those working from home, the study is an open-plan area with built-in storage and desk space, offering the perfect environment for productivity while still being part of the family action. The master bedroom is a spacious double with a balcony overlooking the garden—providing a stunning view of the fields beyond. It boasts stylish built-in wardrobes and an impressive walk-in dressing area that leads to a luxurious en-suite bathroom with a vanity unit and walk-in shower. The second bedroom is another generous double, as is the third, while the fourth bedroom works perfectly as a large single or small double. The family bathroom is modern and practical, featuring both a bath and double shower, a vanity unit, and a toilet—ideal for busy family mornings. The generous rear garden is a true highlight, featuring a large summer house that can be used as a home office, studio, or additional leisure space. With side access to the garden, you'll enjoy ease of movement between the front and back of the property. The south-facing garden ensures sunshine all day long, making it the perfect spot for outdoor entertaining or simply enjoying the serene surroundings. With parking for two cars and a comprehensive renovation that includes updated electrics, windows, doors, and a new boiler, this home offers a seamless combination of style, comfort, and functionality, all in a highly desirable location. It truly is a one-of-a-kind property in Standlake, ready to be enjoyed for years to come A material information report  has been gathered from and confirmed as accurate by the sellers of the property and is available on request.  About Standlake  Standlake is a charming, unassuming village located in the heart of the Oxfordshire countryside, offering a delightful blend of rural tranquility and community spirit. Situated about 10 miles west of Oxford, Standlake is surrounded by picturesque fields, meadows, and the gently flowing waters of the River Thames, which winds its way through the village, adding to the serene ambiance of the area. The village itself is a peaceful tapestry of traditional stone cottages, timber-framed homes, and more modern dwellings, all set against the backdrop of green pastures and ancient woodlands. Standlake retains much of its historical character, with St. Giles' Church, a beautiful Grade I listed building, standing as a central landmark in the village. Its origins can be traced back to the 12th century, and its striking spire is visible for miles around, a testament to the enduring presence of the village through centuries. A defining feature of Standlake is its proximity to the nearby countryside and wetlands, including the Oxfordshire Wildlife Trust’s Standlake Common Nature Reserve, a haven for birdwatchers and nature enthusiasts. The reserve, with its lush reedbeds, lakes, and wildflower meadows, is home to a diverse array of wildlife and provides peaceful walking trails where visitors can immerse themselves in the natural beauty of the area. Despite its rural feel, Standlake is a well-connected village, offering easy access to nearby towns and cities while maintaining a strong sense of local identity. The village boasts a close-knit community with a range of amenities, including a primary school, local shop, and pub, providing a warm welcome to residents and visitors alike. With its rich history, beautiful natural surroundings, and relaxed pace of life, Standlake is a quintessential Oxfordshire village, offering an authentic slice of country living just a stone’s throw from the cultural vibrancy of Oxford. Whether you’re exploring its historic streets, enjoying the peaceful riverbanks, or simply soaking in the natural beauty of the area, Standlake captures the essence of rural life in Oxfordshire. About The Oxfordshire Property Agent The Oxfordshire Property Agent provides premium estate agency services tailored to buyers and sellers across Oxfordshire. Offering a personalised and client-focused approach, we combine traditional expertise with innovative marketing strategies to ensure outstanding results. Our selling service includes professional home staging, expert marketing with professional photography and video content, and one-hour viewing slots to maximise buyer engagement. For buyers, our bespoke property search service offers access to off-market opportunities, accompanied viewings, and skilled negotiation support. At a competitive fixed fee of 0.75% (VAT inclusive), we deliver unparalleled value with no long-term contracts. Clients using both our buying and selling services enjoy a discounted fee of 1.25% (VAT inclusive), ensuring a seamless and stress-free experience. Contact us today to discover how we can help you achieve your property goals!

Agent Details

Oxfordshire Property Agent, Covering Witney

01993 221174

Next Steps?

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