2 Bed Terraced House, Refurb/BRRR, Oxford, OX4 7FQ, £220,000

Nettlebed Mead, OXFORD, OX4 7FQ - 1 views - 18 days ago

Auction
Refurb/BRRR
ROI: 2%
~68 m²

ValuationFair Value

Sold Prices£130K - £397K
Sold Prices/m²£1.9K/m² - £6.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£222,200

 

 

End Value (After Refurb)

£307,373

Uplift in Value

+40%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Refurb Costs

£30,563

Bridging Loan Interest

£5,775

Total Cash In

£105,288

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£307,373

Agent Fees (1%)

£3,074

Bridging Loan

£165,000

Bridging Loan Interest

£5,775

Flip Profit

£34,011

Local Sold Prices

47 sold prices from £130K to £397K, average is £283K. £1.9K/m² to £6.3K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£325K02/230.1 mi12, Tern Walk, Oxford, Oxfordshire OX4 7FR2
£325K12/230.13 mi6, Acacia Avenue, Oxford, Oxfordshire OX4 7GY2
£280.6K12/220.17 mi4, Wayfaring Close, Oxford, Oxfordshire OX4 7WF2
£264.3K07/210.19 mi2, Frys Hill, Oxford, Oxfordshire OX4 7GN2
£310.1K06/230.19 mi3, Frys Hill, Oxford, Oxfordshire OX4 7GN2
£130K02/210.21 mi8, Saxifrage Square, Oxford, Oxfordshire OX4 7WR2
£300K03/240.27 mi28, Frys Hill, Oxford, Oxfordshire OX4 7GW2
£260K01/210.28 mi16, Forget Me Not Way, Oxford, Oxfordshire OX4 7ZD2
£245K08/210.28 mi3, Firs Meadow, Oxford, Oxfordshire OX4 7GR2
£245K08/210.28 mi3, Firs Meadow, Oxford, Oxfordshire OX4 7GR2
£265K01/210.32 mi5, Appletree Close, Oxford, Oxfordshire OX4 7GP2
£230K06/230.35 mi2a, Knights Road, Oxford, Oxfordshire OX4 6DF2
£265K06/210.37 mi26, Elder Way, Oxford, Oxfordshire OX4 7GB2
£278K10/230.38 mi54, Sparrow Way, Oxford, Oxfordshire OX4 7GE2
£270K01/210.39 mi46, Sparrow Way, Oxford, Oxfordshire OX4 7GE2
£285K11/210.44 mi40, Tarragon Drive, Oxford, Oxfordshire OX4 7XT2
£315K09/230.46 mi6, Greenfinch Close, Oxford, Oxfordshire OX4 7YG2
£260K11/200.48 mi11, Teal Close, Oxford, Oxfordshire OX4 7GU2
£280K11/200.5 mi4, Blacksmiths Meadow, Oxford, Oxfordshire OX4 7YF2
£325K07/230.5 mi11, Blacksmiths Meadow, Oxford, Oxfordshire OX4 7YF2
£280K03/210.57 mi10, Swallow Close, Oxford, Oxfordshire OX4 7QN2
£270K06/210.57 mi15, Swallow Close, Oxford, Oxfordshire OX4 7QN2
£310K03/230.57 mi16, Shepherds Hill, Oxford, Oxfordshire OX4 7YD2
£260K07/210.58 mi39, Broadfields, Littlemore, Oxford, Oxfordshire OX4 6LP2
£247K11/210.58 mi40, Broadfields, Littlemore, Oxford, Oxfordshire OX4 6LP2
£255K03/210.58 mi4, Broadfields, Littlemore, Oxford, Oxfordshire OX4 6LP2
£260K08/230.58 mi30, Broadfields, Littlemore, Oxford, Oxfordshire OX4 6LP2
£310K11/230.58 mi6, Broadfields, Littlemore, Oxford, Oxfordshire OX4 6LP2
£340K12/230.6 mi6, Brake Hill, Oxford, Oxfordshire OX4 7NZ2
£335K11/230.64 mi22, Brake Hill, Oxford, Oxfordshire OX4 7NY2
£281K07/210.67 mi15, Partridge Walk, Oxford, Oxfordshire OX4 7BZ2
£283K04/210.68 mi17, Rowan Grove, Oxford, Oxfordshire OX4 7FD2
£262.6K11/210.69 mi1, Marjoram Close, Oxford, Oxfordshire OX4 6QQ2
£275K03/210.69 mi45, Alice Smith Square, Littlemore, Oxford, Oxfordshire OX4 4NG2
£305K01/230.73 mi47, Lakefield Road, Oxford, Oxfordshire OX4 4LZ2
£285K05/230.73 mi40, Lakefield Road, Oxford, Oxfordshire OX4 4LZ2
£357.5K12/220.8 mi108, Herschel Crescent, Oxford, Oxfordshire OX4 3TU2
£295K03/240.86 mi5, Green Hill, Oxford, Oxfordshire OX4 7UH2
£358.5K08/210.87 mi18, Pipley Furlong, Littlemore, Oxford, Oxfordshire OX4 4JW2
£375K06/210.87 miSandford Lodge, 24, Lawn Upton Close, Littlemore, Oxford, Oxfordshire OX4 4QF2
£270K06/210.88 mi16, Bryony Close, Oxford, Oxfordshire OX4 7UT2
£387.5K10/230.9 mi27, Long Lane, Oxford, Oxfordshire OX4 3TN2
£310K07/230.94 mi36, Marlborough Close, Littlemore, Oxford, Oxfordshire OX4 4PH2
£295K11/200.94 mi19, Marlborough Close, Littlemore, Oxford, Oxfordshire OX4 4PH2
£397K03/230.95 mi53, Cowley Road, Littlemore, Oxford, Oxfordshire OX4 4LF2
£350K12/220.97 mi21, Henley Road, Sandford On Thames, Oxford, Oxfordshire OX4 4YN2
£370K05/210.99 mi10, Addison Drive, Littlemore, Oxford, Oxfordshire OX4 3UD2

Local Rents

14 rents from £1.3K/mo to £1.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45007/240.22 miHyacinth Walk Greater Leys2
£1,47507/240.25 miFoxglove Close, Oxford2
£1,40006/240.25 mi-2
£1,50006/240.26 miFrys Hill, Oxford2
£1,35006/240.28 miFirs Meadow, East Oxford, OX42
£1,37508/240.28 miAspen Square, East Oxford, OX42
£1,30009/240.29 miSpruce Gardens, East Oxford, OX42
£1,50009/240.33 miNightingale Avenue, Oxford, OX42
£1,40008/240.37 miHobby Court, Oxford2
£1,50006/240.38 miElder Way, Oxford2
£1,50006/240.5 miPriory Road, East Oxford, OX42
£1,40002/250.59 mi-2
£1,40002/250.59 mi-2
£1,39506/240.62 miLittle Field, Oxford2

Local Area Statistics

Population in OX4

61,985

Population in Oxford

160,498

Town centre distance

3.60 miles away

Nearest school

0.30 miles away

Nearest train station

2.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £220,000

March 18, 2025

Floor Plans

Description

  • AUCTION SALE +
  • 15 April 2025 +
  • By order of a Housing Association +
  • EPC Rating - C +
  • To view: Please contact our office. +

SUMMARY
AUCTION SALE 15 April 2025 - Freehold two floor double fronted mid terrace house requiring modernisation
Two parking spaces
Full vacant possession

DESCRIPTION
Freehold two floor double fronted mid terrace house requiring modernisation
Two parking spaces
Full vacant possession

3D Tour: Click Here

Location:
The property is situated on Nettlebed Mead. Public transport links include Oxford mainline rail station together with a network of local bus services serving the surrounding vicinity. Road links include the A34 and A40. Shopping amenities can be found locally with an extensive range of shops, bars and restaurants being found in Oxford city centre to the north west. Recreational pursuits can be found locally at the open spaces of Fry’s Hill Park.

Accommodation:
First floor: Two bedrooms, bathroom, separate WC
Ground floor: Entrance hallway, reception room, kitchen/diner
Outside: Two parking space, rear garden

EPC rating: C

Council Tax Band: C

To view: Strictly by arrangement with the auctioneer.

Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

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. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
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.

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. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
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

Barnard Marcus, Hammersmith Auctions

020 3866 9305

Next Steps?

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