3-bedroom house · OX27 7NU
Listing removedListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In need of updating and refurbishment this double fronted three bedroom, semi detached period home has been in the same family for over 40 years.
The property is set in a plot of, in all, 2.2 acres with a range of outbuildings previously used for livestock. Located on a quiet no through single track lane.
Off the hall is a sitting room with a fireplace to your left with the conservatory off it.
The seller is unaware if planning or building regulation approval was applied for, for the conservatory/enclosed lean to. However they were constructed many years ago.
The dining room is off to your right and leads into the kitchen which in turn leads into a covered enclosed area at the rear. There is a utility room and doors to the garden and conservatory.
Upstairs there are three bedrooms and a bathroom.
The plot extends to in all 2.2 acres which comprises of the house with two parking spaces and formal gardens, outbuildings either side of a long courtyard and paddock both of which were previously used for livestock.
Local Shop 1.6m M40 J10 1.3m Bicester Market Square 5.4m Bicester Village Station (London Marylebone from approx. 57 mins, Oxford from approx.
16 mins) 5.5m Bicester North Station (London Marylebone from approx. 50 mins Birmingham New Street from approx.
1hr 17 mins) 5.1m Manorsfield Road Bus and Coach Station to Oxford, Buckingham, Milton Keynes and Cambridge 5.0m All times and distances are approximate.
The property is connected to mains electricity and water. Drainage is to a communal septic tank operated by an informal agreement with the other users.
Broadband - according to Ofcom, Standard, Superfast and Ultrafast broadband are available ().
Mobile – according to Ofcom there is good outdoor and variable in home coverage for EE and good outdoor coverage for 02, Three & Vodaphone ().
There are rail infrastructure and housing development plans in the area and interested parties should make their own enquiries with the local authority.
Information relating to Covenants, Easements, Boundaries, Restrictions & Rights are available upon request.
The seller believes their is a covenant put on by a previous owner against further development on the land.
There are agreements for the maintenance of the poles and overhead power cables from sse to the houses in Quarry Cottages over the plot.
Properties built pre-2000 may contain asbestos in certain materials used in their construction or in subsequent building work.
Examples of these materials are; Artex, vinyl tiles, sheet boards, corrugated roofing, pipework and lagging/insulation.
These are generally considered safe unless disturbed but prospective buyers must take their own advice.
We have noted the presence of corrugated roofing but, as no survey has been carried out, we cannot comment in respect of asbestos potentially elsewhere. Local Authority: Cherwell District Council - 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 1 Quarry Cottages, Somerton Road, Ardley
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