2 Bed Semi-Detached House, Refurb/BRRR, Witney, OX28 6FD, £235,000

Bartlett Close, WITNEY, OX28 6FD - 1 views - a month ago

Auction
Refurb/BRRR
ROI: 2%
~68 m²

ValuationFair Value

Sold Prices£148.5K - £810K
Sold Prices/m²£3.3K/m² - £6.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£239,700

 

 

End Value (After Refurb)

£272,444

Uplift in Value

+16%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£12,950

Refurb Costs

£29,881

Bridging Loan Interest

£6,169

Total Cash In

£109,500

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£272,444

Mortgage (After Refinance)

£204,333

Mortgage LTV

75%

Cash Released

£28,083

Cash Left In

£81,417

Equity

£68,111

Rent Range

£925 - £1,650

Rent Estimate

£1,264

Running Costs/mo

£1,124

Cashflow/mo

£140

Cashflow/yr

£1,678

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £148.5K to £810K, average is £280K. £3.3K/m² to £6.1K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£285K11/200.1 mi145, Corn Street, Witney, Oxfordshire OX28 6AZ2
£148.5K06/210.11 mi5, Butchers Court, Witney, Oxfordshire OX28 6BX2
£320K03/210.11 mi119, Corn Street, Witney, Oxfordshire OX28 6AU2
£245.5K06/210.13 mi6, Cooper Mews, Witney, Oxfordshire OX28 6GA2
£260K01/230.14 mi92, Corn Street, Witney, Oxfordshire OX28 6BU2
£290K12/200.19 mi13, Dene Rise, Witney, Oxfordshire OX28 6LU2
£260K12/200.19 mi8, Dene Rise, Witney, Oxfordshire OX28 6LU2
£335K07/230.19 mi31, Dene Rise, Witney, Oxfordshire OX28 6LU2
£375K09/210.2 mi3, Orchard Way, Witney, Oxfordshire OX28 4EP2
£274K03/210.22 mi105, Queen Emmas Dyke, Witney, Oxfordshire OX28 4DT2
£351.5K10/210.22 mi103, Queen Emmas Dyke, Witney, Oxfordshire OX28 4DT2
£345K03/230.24 mi59, The Crofts, Witney, Oxfordshire OX28 4AQ2
£333K01/230.25 mi55, The Crofts, Witney, Oxfordshire OX28 4AQ2
£285K02/210.28 mi68, The Crofts, Witney, Oxfordshire OX28 4AE2
£321.5K08/230.28 mi68, The Crofts, Witney, Oxfordshire OX28 4AE2
£342.5K02/230.3 mi25c, Corn Street, Witney, Oxfordshire OX28 6DB2
£810K10/230.36 mi27, The Springs, Witney, Oxfordshire OX28 4AJ2
£310K09/230.36 mi46, The Springs, Witney, Oxfordshire OX28 4AJ2
£375K11/200.36 mi25b, The Springs, Witney, Oxfordshire OX28 4AJ2
£245K04/210.36 mi8, The Springs, Witney, Oxfordshire OX28 4AJ2
£342.5K01/230.36 mi18, Gloucester Place, Witney, Oxfordshire OX28 6LA2
£242K11/200.38 mi1, Stenter Mews, Witney, Oxfordshire OX28 6FJ2
£244.5K05/210.38 mi2, Stenter Mews, Witney, Oxfordshire OX28 6FJ2
£280K06/210.41 mi44, Curbridge Road, Witney, Oxfordshire OX28 5JR2
£307.5K07/210.43 mi32, Tower Hill, Witney, Oxfordshire OX28 5ER2
£275K05/210.46 mi84, Langdale Gate, Witney, Oxfordshire OX28 6EY2
£320K08/210.51 mi17, Blenheim Drive, Witney, Oxfordshire OX28 5LL2
£285K09/210.54 mi6, Abbey Road, Witney, Oxfordshire OX28 5LD2
£375K09/230.55 mi39, St Marys Mead, Witney, Oxfordshire OX28 4EZ2
£305K04/230.55 mi31, St Marys Mead, Witney, Oxfordshire OX28 4EZ2
£258K07/230.57 mi43, Farmington Drive, Witney, Oxfordshire OX28 5GH2
£285K06/210.6 mi42, West End, Witney, Oxfordshire OX28 1NF2
£239K03/210.62 mi46, Crawley Road, Witney, Oxfordshire OX28 1HT2
£280K08/230.63 mi31, The Willows, Witney, Oxfordshire OX28 3HN2
£275K11/210.63 mi12, Lyneham Close, Witney, Oxfordshire OX28 5BS2
£280K04/230.63 mi16, Lyneham Close, Witney, Oxfordshire OX28 5BS2
£260K03/230.63 mi14, Aldsworth Court, Witney, Oxfordshire OX28 5FP2
£290K12/220.65 mi49, Barrington Close, Witney, Oxfordshire OX28 5FJ2
£267K08/230.65 mi11, Burwell Close, Witney, Oxfordshire OX28 5JN2
£262.5K08/210.65 mi87, Barrington Close, Witney, Oxfordshire OX28 5FJ2
£250K12/210.65 mi23, Barrington Close, Witney, Oxfordshire OX28 5FJ2
£263K07/210.66 mi8, Campden Close, Witney, Oxfordshire OX28 5YH2
£235K03/210.66 mi21, Campden Close, Witney, Oxfordshire OX28 5YH2
£220K12/200.66 mi27, Campden Close, Witney, Oxfordshire OX28 5YH2
£205K10/210.66 mi36, Campden Close, Witney, Oxfordshire OX28 5YH2
£255K07/210.66 mi10, Campden Close, Witney, Oxfordshire OX28 5YH2
£328.7K01/230.66 mi211, Thorney Leys, Witney, Oxfordshire OX28 5NY2
£212K03/210.67 mi32, Burwell Meadow, Witney, Oxfordshire OX28 5JQ2
£240K12/200.67 mi64, Burwell Meadow, Witney, Oxfordshire OX28 5JQ2
£230K07/210.67 mi40, Burwell Meadow, Witney, Oxfordshire OX28 5JQ2

Local Rents

50 rents from £925/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,00006/240.08 mi-2
£1,15003/250.09 mi-2
£1,50008/240.09 miCorn Street, Witney, Oxfordshire, OX282
£1,45007/240.1 miCorn Street, Witney2
£1,45007/240.1 miCorn Street, Witney2
£1,50008/240.11 miCorn Street, Witney, OX282
£1,45006/240.13 miCorn Street, Witney, Oxfordshire, OX282
£1,40006/240.18 miAdmiral Court, Witney2
£1,57506/240.18 miAdmiral Court, Witney2
£1,35009/240.18 miAdmiral Court, Dark Lane, Witney2
£1,19504/240.18 mi-2
£1,25003/250.18 mi-2
£1,40007/240.18 miOld Orchard Court, Witney2
£1,00002/240.2 mi-2
£1,40006/240.22 miQueen Emmas Dyke, Witney2
£1,29509/240.23 miWelch Way, Witney2
£1,25007/240.23 miCorn Street, Witney2
£1,00006/240.23 miCorn Street, Witney2
£1,20007/240.23 miWoodford Way, Witney, Oxfordshire, OX282
£1,15007/240.23 miWoodford Way, Witney, Oxfordshire, OX282
£1,65008/240.24 miCorn Street, Witney2
£1,65008/240.24 miOlive Court Witney OX282
£1,40006/240.25 miJones Mews. Corn Street, Witney2
£1,05006/240.28 miMarriotts Walk, Witney2
£1,30008/240.29 miTower Hill, Witney, OX282
£1,25007/240.31 miMarket Square, 8B Market Square, Witney2
£1,45008/240.32 miThe Crofts, Witney, Oxfordshire2
£1,20006/240.34 miHigh Street, Witney, OX282
£1,32508/240.34 miStenter Lane, Witney, Oxfordshire2
£1,13507/240.34 mi33 Ashcombe Crescent, Witney, Oxfordshire2
£1,09008/240.34 mi33 Ashcombe Crescent, Witney, Oxfordshire2
£1,07008/240.34 mi33 Ashcombe Crescent, Witney, Oxfordshire2
£1,07009/240.34 mi33 Ashcombe Crescent, Witney, Oxfordshire2
£1,07009/240.34 mi33 Ashcombe Crescent, Witney, Oxfordshire2
£1,30006/240.36 miStenter Lane, Witney, OX282
£1,20007/240.36 miBathing Place Court, Witney2
£1,27506/240.36 mi-2
£1,30004/250.36 mi-2
£1,18808/240.36 miTower Hill, Witney, Oxfordshire2
£1,18808/240.36 miTower Hill, Witney, Oxfordshire2
£1,40006/240.37 miMill Street, Witney, OX282
£1,25009/240.37 miMeadow Lane, Witney2
£92508/240.38 miHigh Street, Witney, Oxfordshire, OX282
£1,40007/240.38 miStenter Mews, Witney2
£1,35008/240.38 miStenter Mews, Witney2
£1,10006/240.39 miCentral Witney2
£1,20006/240.39 miHigh Street, Witney2
£1,15006/240.4 miWorley Walk, High Street, Witney, OX282
£1,20006/240.41 miBathing Place Lane, Witney2
£1,20008/240.41 miBathing Place Lane, Witney2

Local Area Statistics

Population in OX28

27,576

Population in Witney

50,632

Town centre distance

0.25 miles away

Nearest school

0.20 miles away

Nearest train station

4.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £235,000

March 20, 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 semi detached house requiring modernisation,
Side driveway,
Full vacant possession.

DESCRIPTION
Freehold two floor semi detached house requiring modernisation,
Side driveway,
Full vacant possession.

Location:
The property is situated on Bartlett Close. Public transport links include Oxford mainline rail station together with a network of local bus services serving the surrounding vicinity. Road links include the A40. Shopping amenities can be found locally with an extensive range of shops, bars and restaurants being found in Oxford city centre to the south west. Recreational pursuits can be found locally at the open spaces of King George Fields.

Accommodation:
First floor: Two bedrooms, bathroom/WC
Ground floor: Entrance hallway, reception room, kitchen
Outside: Front and 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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