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Thorncliffe Road, Summertown, OX2

South East

£1,495,000
Listed on 04/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
2182 sqft

Description

This spacious four-bedroom residence, accompanied by a separate basement studio, is located on a quiet side road in the desirable Summertown area. The property presents a unique opportunity for renovation and enhancements, appealing to both families and investors alike. Upon entering, you are greeted by a welcoming hallway leading to an unusually large double reception room. This room is characterized by its high ceilings and a charming fireplace, creating an inviting atmosphere. The adjoining kitchen/breakfast area is well-sized, featuring a utility room and sliding doors that open onto the rear garden—ideal for seamless indoor-outdoor living. The first floor accommodates three generously sized double bedrooms. The front-facing bedroom includes built-in wardrobes, while the other two rooms feature notable characteristics such as a sink and original fireplaces. A staircase leads to the spacious fourth bedroom on the second floor, which boasts excellent ceiling height and an abundance of natural light from windows overlooking the garden as well as two Velux skylights. Ample eaves storage is available in this room and along the landing. A noteworthy feature of this property is the self-contained basement studio accessed from its own entrance. This versatile space includes a kitchenette and an en suite shower room, making it suitable for rental or guest accommodation. Historically rented out, this studio provides potential for additional income, though buyers should note it incurs its own separate council tax (Band A). There’s also flexibility to integrate this studio back into the main residence with appropriate planning permissions. The rear garden is sizable, predominantly laid to lawn with paved areas that are perfect for outdoor entertaining. Additional storage is provided by a garden shed. Positioned within walking distance of Summertown's diverse shopping options—including local bars, restaurants, and grocery stores—this property benefits from easy access to Oxford city center and key transport routes. Major roads connect directly to the A40 and M40 motorways for convenient travel into London. Moreover, there are numerous state and independent schools nearby, enhancing its appeal for families looking to settle in the area. This home offers significant potential not only as a comfortable family residence but also as an investment opportunity in a highly sought-after location.

Investment Analysis

(OX2 area)

Above Market Value

This property is priced +19.6% above area average per sq ft

+19.6%
This Property
£685/sq ft
Area Average
£573/sq ft
Avg Rent (weekly)
£443
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,375,435
10% above area average per sq ft
Potential ROI
-14.8%
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

Thorncliffe Road, Summertown, OX2
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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
£5,477
Based on a loan of £1,121,250 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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