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Priory Road, Oxford, OX4

South East

£230,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Flat
Area
638 sqft

Description

This two-bedroom flat is nestled in a well-established residential community in Oxford, making it an intriguing option for individuals looking to invest or renovate. With solid bones and a spacious internal layout, this property is ripe for modernization and offers an ideal canvas for those interested in enhancing its value through thoughtful updates. The living area boasts generous proportions and large windows, flooding the space with natural light. It provides a comfortable environment for relaxation or entertaining guests. The kitchen, while in need of some refurbishment, presents the opportunity to design a contemporary space tailored to modern culinary needs. Similarly, the bathroom requires updating; this could be reconfigured to meet current standards and personal tastes. Both bedrooms are sizeable enough to accommodate double beds and additional furniture, offering flexibility for different living arrangements or usage as home offices or guest accommodations. On the exterior, the flat includes allocated parking and benefits from designated communal gardens. The location enhances its appeal further; positioned in Cowley just southeast of Oxford city center, residents can easily access local shops and schools. Public transport options are readily available, with bus routes leading directly into the city center and convenient connections to major roads like the Eastern Bypass (A4142) and A40/M40 for commuters. This property not only offers immediate liveability but also significant potential for growth in value through renovation efforts, making it an attractive prospect for first-time buyers, investors, or those seeking a project that could yield substantial returns.

Investment Analysis

(OX4 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£361/sq ft
Area Average
£473/sq ft
Avg Rent (weekly)
£443
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£331,601
10% above area average per sq ft
Potential ROI
+30.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (OX4)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 6.7%
5 year growth: 14.6%
Investment Disclaimer: Analysis based on OX4 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

Priory Road, Oxford, OX4
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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
£843
Based on a loan of £172,500 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