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Rose Hill, Oxford - Ref: AJR/FD


Offers in excess of £600,000

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Overview

Detached House for sale in Rose Hill, Oxford - Ref: AJR/FD

This is an exciting opportunity to acquire a significant development plot located on the south side of Oxford. The existing site comprises two properties: a one-bedroom ground-floor apartment and a one-bedroom first-floor apartment. The plot benefits from wide side access, providing entry to a substantial rear garden, which offers clear development potential (subject to planning permission).

The neighbouring property with a similar plot has successfully erected a four-bedroom detached property, leading to the reasonable expectation that similar development could be achieved here. The location is well-served by public transport, with convenient access to Oxford Ring Road, and a range of local amenities, including shops, are within walking distance. The flats are currently let, providing an immediate source of income for the buyer, which could support a positive cash flow while seeking planning permission.

Development Potential


Although neighbouring properties have received planning permission for a four-bedroom detached house, there is potential for more profitable opportunities, such as multiple apartments within the rear garden space. This would, however, need to be explored further with your planning professionals. The existing building at the front of the site is a red-brick conversion of a former family home into two separate apartments.

Please note the suggestions above are for guidance only. Planning will need to be sought and you must do your own due diligence prior to offering. Please contact the office on 01865 419630 to arrange a site visit, or request the proposal document.

This is an exciting opportunity to acquire a significant development plot located on the south side of Oxford. The existing site comprises two properties: a one-bedroom ground-floor apartment and a one-bedroom first-floor apartment. The plot benefits from wide side access, providing entry to a substantial rear garden, which offers clear development potential (subject to planning permission).



The neighbouring property with a similar plot has successfully erected a four-bedroom detached property, leading to the reasonable expectation that similar development could be achieved here.
The location is well-served by public transport, with convenient access to Oxford...

Read more

Important information

This is a Freehold property.


Key Info

  • Redevelopment Potential (STP)
  • Currently Two One Bedroom Apartments
  • No Chain

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Mortgage Calculator


Yr
Please fill out all of the fields to receive an estimate
Amount Borrowed: £200,000
Term: 25 years
Interest rate: 3.5%
Total Monthly Payment:
£1,001.25
Total amount repayable:
£300,374
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