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Binsey Lane, Oxford

South East

£575,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
919 sqft

Description

This mid-terraced home presents a unique opportunity for both renovation enthusiasts and investors in a prime location near Binsey Lane, Oxford. The property features three bedrooms and showcases significant potential for modernization that can significantly enhance its value. Upon entering, you'll find a bright bay-fronted reception room that offers an inviting first impression. The layout flows into a dining area and a spacious kitchen, which provides ample space for reconfiguration according to personal taste or functionality needs. The upper level comprises three well-proportioned bedrooms along with a shower room, presenting flexible living options that can cater to families or roommates alike. The enclosed rear garden features convenient access and the potential for landscaping or expansion, allowing for outdoor enhancements that could further increase the property's appeal. Parking is made easier with permit availability on the street. Positioned within walking distance to Oxford Train Station and the city center, this home is perfectly situated near essential amenities and vibrant local culture, making it an attractive prospect for those looking to invest in rental opportunities or enjoy city living. Notably, the property comes with an existing HMO license allowing for four sharers, making it particularly appealing as an investment in one of Oxford's sought-after neighborhoods. With current market trends in mind, this home offers a desirable combination of location, character, and investment potential.

Investment Analysis

(OX2 area)

Above Market Value

This property is priced +9.2% above area average per sq ft

+9.2%
This Property
£626/sq ft
Area Average
£573/sq ft
Avg Rent (weekly)
£443
Avg Yield
3.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£579,296
10% above area average per sq ft
Potential ROI
-3.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (OX2)

Area prices are falling by +5.2% over the last 12 months
3 year growth: -3.2%
5 year growth: -0.6%
Investment Disclaimer: Analysis based on OX2 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

Binsey Lane, Oxford
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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
£2,106
Based on a loan of £431,250 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