3-bedroom flat · OX2 7QN
Listing removedReduced £25k (−5.3%) on 21 JunListed 239 days
Opportunity summary
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About
Located on the ground floor of a quiet development, this three-bedroom apartment is ideally situated in North Oxford.
A perfect first home, downsize or reliable investment on a desirable side road minutes’ walk from Summertown.
There is a bright and generous reception and dining room with wide bay windows allowing natural light. There is an adjoining fitted kitchen with integrated appliances and ample storage.
There are two double bedrooms and a third single, currently used as an office. The family bathroom is fully tiled with a bath and a shower.
The apartment benefits from a garage, and there is parking for residents in the development.
Location: Situated a stone's throw from the heart of Summertown, this home is within walking distance of many popular cafes, bars and restaurants alongside the convenience of many stores, including an M&S food hall.
For schooling, the property is within the Cherwell catchment area and is close to some of the highly regarded North Oxford private schools, including St. Edward's, The Dragon and Oxford High School.
There are excellent transport links to Oxford's historic City Centre, as well as to surrounding villages. For travel further afield, the A34, A40 and M40 are within easy reach.
The Oxford Parkway station is around 1.5 miles away and offers regular services to London Marylebone. Leasehold until 01/04/2984 Service Charge: £1,600 p.a. Ground Rent: N/A EPC Rating: C
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Flat 3, The Firs Hernes Road, Oxford
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