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Mill Road, Abingdon OX13

South East

£299,950
Listed on 15/05/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a unique opportunity for renovation or investment, with full planning permission already secured under reference P22/V1269/FUL for the construction of a detached family home. Situated at the end of Mill Road, the location offers a tranquil setting adjacent to open countryside and grazing land, ensuring scenic views and a sense of seclusion away from neighboring residences. The existing structure is ripe for refurbishment, allowing potential buyers to customize the space according to their vision. The private drive leading to the property enhances its privacy, making it an ideal canvas for those looking to create a modern family haven while capitalizing on its desirable location. With substantial outdoor space and picturesque surroundings, this property not only promises a peaceful lifestyle but also represents an enticing investment prospect in an area with growing appeal. Whether you are looking to renovate the current dwelling or take advantage of the approved plans for new construction, this site offers versatility and significant potential.

Investment Analysis

(OX13 area)
Area Average
£404/sq ft
Avg Rent (weekly)
£548
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (OX13)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -12.0%
5 year growth: 8.2%
Investment Disclaimer: Analysis based on OX13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Mill Road, Abingdon OX13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £224,962 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE