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Lovelace Road, Oxford, Oxfordshire, OX2 - Image 1
Lovelace Road, Oxford, Oxfordshire, OX2 - Image 2
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Lovelace Road, Oxford, Oxfordshire, OX2

South East

£800,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1049 sqft

Description

Nestled in the desirable North Oxford area, this charming three-bedroom detached residence presents a unique opportunity for those looking to invest in a property with significant renovation and extension potential (pending necessary approvals). The home, built in the 1930s and maintained within the same family for nearly six decades, retains numerous original characteristics, including an inviting entrance hall and fireplaces in both reception rooms. While modest enhancements have been made over the years, such as a small extension added in the late 1970s, most of the property remains untouched, allowing buyers to create their vision. The well-proportioned accommodation spans two levels, featuring a bright front reception room with bay windows and a rear dining area that flows directly into a mature east-facing garden characterized by lush greenery and even includes a historic Bramley apple tree. The private driveway enhances convenience by providing off-street parking, while side access leads to an outdoor WC and storage shed—both useful additions. Located just a stone's throw from vibrant Summertown with its array of amenities including cafes and shops, this home enjoys excellent transport links into Oxford city centre and beyond. Its proximity to outstanding local schools further bolsters its appeal for families. With so much potential for development or refurbishment, this property is not just a home but an exciting project waiting to be realized.

Investment Analysis

(OX2 area)

Above Market Value

This property is priced +33.1% above area average per sq ft

+33.1%
This Property
£763/sq ft
Area Average
£573/sq ft
Avg Rent (weekly)
£443
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£661,242
10% above area average per sq ft
Potential ROI
-25.7%
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

Lovelace Road, 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
£2,931
Based on a loan of £600,000 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