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Mill Street, Oxford, Oxfordshire OX2

South East

£500,000
Listed on 17/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
873 sqft

Description

This charming three-bedroom terraced property offers a promising opportunity for renovation and investment. Nestled in a desirable neighborhood, this period home presents the chance to create a personalized living space that meets modern needs while retaining its historical character. The layout of the home empowers you with versatile living options, allowing for innovative redesign and potential expansion if desired. The rooms are generously sized, providing ample scope to reconfigure as necessary. Natural light pours in through the windows, enhancing the home's inviting atmosphere. Situated on Mill Street, this property benefits from a vibrant community feel and convenient access to local amenities. Shops, schools, and parks are just a short walk away, making it an attractive location for families and professionals alike. With no onward chain, this property is not only a canvas for your creative vision but also represents a sound investment opportunity in a growing market. Bringing this home into the 21st century could significantly increase its value while offering you the chance to customize it to your tastes. Whether you're looking for a new project or aiming to seize an investment opportunity, this property holds considerable potential waiting to be unlocked.

Investment Analysis

(OX2 area)

Below Market Value

This property is priced -0.6% below area average per sq ft

-0.6%
Potential saving
This Property
£573/sq ft
Area Average
£576/sq ft
Avg Rent (weekly)
£479
Avg Yield
3.7%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£553,085
10% above area average per sq ft
Potential ROI
-11.5%
After renovation
Monthly Sales
21
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (OX2)

Area prices are falling by +3.7% over the last 12 months
3 year growth: -2.1%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on OX2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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, Oxfordshire OX2
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