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Five Mile Drive, Oxford, Oxfordshire, OX2 - Image 1
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Five Mile Drive, Oxford, Oxfordshire, OX2

South East

£1,000,000
Listed on 18/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1629 sqft

Description

This detached four-bedroom home, situated just north of Summertown in North Oxford, offers a significant renovation opportunity for those looking to create their ideal family residence. While the property currently requires modernization, it features a flexible layout that can be tailored to meet contemporary living standards, complemented by a charming south-facing garden. Upon entering, you are greeted by a welcoming hallway with wooden flooring that leads to a spacious dining room. This area showcases classic details such as picture rails and a feature fireplace, with sliding doors that open into a conservatory overlooking the garden—an ideal setting for relaxation or entertaining while enjoying views of the outdoor space. The adjacent sitting room also benefits from garden views through its bay window and features a stone fireplace as its central element. Convenience is added with a cloakroom located under the stairs. The kitchen at the front of the property provides generous wall and base units along with a cozy seating area. An extension on the side enhances functionality, offering additional storage and workspace as well as a utility room that connects directly to the garden, making laundry tasks more manageable. On the upper level, this home accommodates four well-sized bedrooms. The principal bedroom includes fitted wardrobes and another bay window that increases natural light. The family bathroom is equipped with both a bath and separate shower facilities, providing ample options for everyday use. Externally, access is gained via a private driveway surrounded by mature shrubs and trees, leading to both garage parking and side access to the rear garden. The mature south-facing garden features established planting alongside a paved terrace, lawned area, and even a small pond—creating an inviting outdoor retreat. Five Mile Drive is known for its attractive tree-lined setting in North Oxford and is positioned conveniently close to Summertown's comprehensive amenities. Residents benefit from excellent communication links, including proximity to Oxford Parkway rail station. This combination of location advantages and potential for enhancement makes this property particularly appealing for investors or families looking to create lasting value in an sought-after neighborhood. Additional information includes council tax band G, freehold tenure with vacant possession upon completion, and all main services already connected. Mobile phone coverage is predicted to be strong throughout the property, while broadband speeds may reach up to 1000mbps based on availability—further enhancing its appeal as an investment opportunity.

Investment Analysis

(OX2 area)

Above Market Value

This property is priced +7.1% above area average per sq ft

+7.1%
This Property
£614/sq ft
Area Average
£573/sq ft
Avg Rent (weekly)
£443
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,026,848
10% above area average per sq ft
Potential ROI
-6.7%
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

Five Mile Drive, Oxford, Oxfordshire, 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
£3,663
Based on a loan of £750,000 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