Old Road, Headington OX3

Old Road, Headington OX3

5 Bedroom | Freehold | 1 Bath | Character Property

Asking price £2,000,000
Oxford 2.5 miles
Oxford Parkway 4.4 miles
Old Road Campus 0.1 miles

A substantial detached house built in 1914 set in a half acre plot. Although in need of updating, the house offers tremendous potential and extends to approx 3500 internal floor area.

Description
Highfield is a substantial detached house built in 1914, following the acquisition of land by All Saints Church. It is understood that the property was built using funds from Queen Anne’s Bounty.
Whilst offering scope for improvement the accommodation is both well laid out and well proportioned.
There is an inherent character with many rooms exhibiting fireplaces, picture rails and sash windows reminiscent of the age of construction. The ground floor provides four generous reception rooms, in addition to a kitchen, cloakroom and rear lobby/ utility room. There are five bedrooms to the first floor with a family bathroom and a staircase rising to the loft.
Outside
The property sits towards the front of its plot which extends to approximately half an acre. There is a vehicular access from the road on the left of the plot which leads to a driveway and a single garage. The extensive rear garden has a number of mature trees.

Notes
The Vendors are the Oxford Diocesan Board of Finance. Please note that the sale will be subject to the vendor’s usual covenants and obligations. The purchaser will be required to obtain the consent of the post office and council to rename the property and may not use Rectory or Vicarage within the new name. Furthermore, the sale will be subject to covenants preventing religious and political use or nuisance, disturbing divine worship, and the plot may not be used for anything other than a single private dwelling house. The plot will be sold with an overage on future development. If development takes place under the Town and Country Planning (general permitted development) (England) Order 2015 Class or any subsequent act or change to the regulations, then this will be a trigger event for overage. This overage will be effective in perpetuity from the date of completion of the sale and will be payable on the grant of planning permission (or disposal with planning permission). The amount payable will be 50% of the increase in value resulting from that consent. That said, the vendors understand that the purchasers will want to refurbish and extend the existing dwelling or consider its replacement with a new single dwelling house, and they will allow maximum flexibility in this regard.
It should be noted that the property was nominated as a locally listed building under Oxford’s Heritage Asset Register.

The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.
 
To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.
 
Some advantages of a broker are:

  • They do all the legwork for you, working on your behalf with the lender
  • They compare wholesale mortgage rates from a large number of banks and lenders all at once
  • Wholesale interest rates can be lower than retail (bank branch) interest rates
  • You get more loan options because they work with numerous banks and lenders
  • Brokers can finance tricky deals because of their knowledge and various lending partners
  • Are typically easier to get in contact with, less bureaucratic.

However with your bank maybe able to:

  • Build off existing relationship (discounts if you have a checking/saving account)
  • You may already know the banker who will handle your mortgage
  • Perhaps more trustworthy, more accountable than a smaller shop
  • Lower interest rates in some cases
  • Ability to add mortgage to existing banking profile and make automatic payments from linked account.

When it comes to making an offer on a property a bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.


We want to make the offer process as simple as possible and by registering with an account with Carter Jonas today, you can make offers on any of our properties online and at your convenience. Just register with us online and click the 'make an offer' button on any of our properties.

 

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Our offices are also open longer during the week and weekends and we can take calls from potential buyers 24 hours a day 365 days a year.

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Combined with over 150 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how
Carter Jonas can help you make your next move.

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When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Key Property Details
Property attributes
Detached
Era
Period
Parking available
Garage
Additional attributes
Character Property Garden
Locality
Town/City
Tenure
Freehold
Carter Jonas reference
OXF210128
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