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5 Bed Detached House For Sale Lovelace Road, Oxford, OX2

£1,000,000- Detached

Yield: 3.87%
1 of 15
Yield: 3.87%
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  • Rental Guide: £2,580 - £3,225
  • 5 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Double Fronted Corner Plot
  • Separate Annexe Accomodation
  • Double Garage With Gated Access
  • Three Ground Floor Reception Rooms
  • Four Double Bedrooms & Annexe Bedroom
  • Master Ensuite Bedroom With Dressing Room
Last Updated: 29th February 2020

Description

Lovely double fronted family home with a real homely and comfy feel. The practical spaces such as the double garage with self-contained annexe are certainly hard to come by in this location and along with its further potential, make this a wonderful opportunity.

Charming family home home located in a sought after North Oxford location close to the open green spaces of Cutteslowe Park and North Oxford Tennis Club. Having been purchased in 2010 by the current owners it has since been lovingly renovated. Arranged over two floors with well appointed interiors throughout, the property benefits hugely by having a self-contained annexe with wet room located over the double garage to the rear of the garden. Within the main house are three reception rooms and a kitchen/diner. To the first floor are four double bedrooms and two bathrooms. All the bedrooms benefit from built in storage. The master bedroom is double aspect with ensuite and dressing room.

To the rear of the property is an electric gate that provides access to the double garage parking.   

The property is conveniently located on the corner of a quiet side road, with the open spaces of Cutteslowe Park and the comprehensive amenities of Summertown and North Oxford nearby, including the renowned schools, shops, surgery and sporting facilities. The Summertown Stars AFC, Oxford Hawks Hockey Club, and North Oxford Lawn Tennis Club all run training nearby. Oxford Parkway Station provides a mainline service to London (Marylebone) in under an hour and is just over a mile away.

Please contact the office for further information or to arrange a viewing.
Agent Details
Scottfraser
205a, Banbury Road, Oxford, OX2 7HQ
Show Contact Number
01865 554 577

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been fully classified.
3.4

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£58750
Higher tax rates for this property type disincentives purchasing property in this higher price band and could restrict future price increases.
3.6

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
4

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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Rental Data
5 Bedroom properties in “OX2” are mostly listed between £2,580 - £3,225. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested