7 Harcourt Terrace, Headington, Oxford, Oxfordshire OX3 7QF

Description

The property comprises a three storey terraced building arranged as a 4 bedroom HMO. Likely suitable for multiple occupancy accommodation and long-term leases, not limited to, but including housing associations.

Accommodation

Ground - Lounge, Kitchen, Utility Room, Bathroom, Toilet; First - 3 bedrooms; Second - 1 Bedroom + Ensuite; Total - 102.60 sq m (1,104 sq ft)

Location

The property is situated on Harcourt Terrace in the popular Headington area of Oxford, approximately 2 miles east of the city centre. Headington offers a range of shops, restaurants and local amenities, together with excellent access to Oxford Brookes University, the John Radcliffe Hospital and the A40, providing wider regional connections.

Tenure / Property Information

Investment Analysis

The guide is £385,000. Supplied completed sales on Harcourt Terrace range from £380,000 to £815,000, but the evidence is not sufficiently comparable: the sales vary by property type, date and apparent size/use, and none is identified as a four-bedroom HMO. The closest identified terraced sale is £398,000 from 2016, while the semi-detached sale at £455,000 dates from 2022. A reliable current GDV cannot therefore be established from the supplied evidence.

Investment Snapshot

Strategy Recommendation

Do not set a firm bid or pursue a defined BTL, BRRR or flip strategy on the supplied evidence alone. Treat the guide as an entry price only and proceed only after verifying HMO legality, condition, achievable rent, fees and a current valuation.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a full condition survey and verify HMO licensing, fire-safety, utilities, statutory compliance and any required works before bidding. No works allowance can be quantified from the supplied information.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed reliably because current GDV, refurbishment cost, rent and finance-related acquisition costs are unsupported. The 75% GDV refinance figure and indicative cash position are therefore unavailable. Verify the HMO's legal and physical compliance before considering refinance.

Buy-to-Let Analysis

The property is described as a vacant four-bedroom HMO, but no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Passing rent, achievable rent, operating costs, licensing position and compliance costs are unknown, so rent and yield cannot be established.

Flip Analysis

The supplied sales provide only broad local context and are not sufficiently comparable to support a current resale GDV. Unknown works, buyer fees, VAT position and seller charges also prevent a reliable project-cost or flip-surplus calculation.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence or auctioneer rent estimate is supplied.

• The sales comparables vary materially in property type and date and do not establish a current four-bedroom HMO GDV.

• Condition and refurbishment requirements are unknown.

• HMO licensing, fire-safety and other statutory compliance are not evidenced.

• Buyer fees, VAT treatment and possible seller charges are not quantified.

• The property is vacant, so there is no evidenced passing rent or income history.

Recommendation

Do not set a firm bid or pursue a defined BTL, BRRR or flip strategy on the supplied evidence alone. Treat the guide as an entry price only and proceed only after verifying HMO legality, condition, achievable rent, fees and a current valuation.

Strategy Rating

Analysis Confidence

The property description, tenure, occupancy, accommodation and several local completed sales are supplied, but there is no rental evidence, auctioneer rent, condition information, EPC, licensing information, current directly comparable HMO sale or complete fee schedule.