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Mill Street, Oxford

South East

£525,000

Listed on 02/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
985 sqft

Description

This two-bedroom Victorian terrace on Mill Street presents a unique chance for those looking to invest in a property with substantial renovation potential. Located within walking distance to Oxford Railway Station and the vibrant city centre, the home features well-sized living areas, including two reception rooms and a generous kitchen on the ground floor. Upstairs, you'll find two spacious double bedrooms and a family bathroom. The notable 80ft garden at the rear opens up opportunities for landscaping and outdoor enhancements that could significantly increase the property's appeal. Required modernization throughout offers an exciting canvas for buyers to infuse their personal style and upgrade the amenities. With both front and back gardens needing attention, there is considerable scope to transform these outdoor spaces into inviting areas that complement the interior charm. Mill Street's central location ensures excellent access to local amenities, making it an ideal investment for families, professionals, or rental purposes.

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Investment analysis

(OX2 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£533/sq ft
Area Average
£577/sq ft
Avg Rent (weekly)
£482
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£625,396
10% above area average per sq ft
Potential ROI
+12.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (OX2)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +5.3%
5 year growth: +1.2%
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

Mill Street, Oxford
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,983
Based on a loan of £393,750 over 30 years at 4.45% 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.

Stamp duty calculator

Next Steps

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