Sold STC Flat

26

VARSITY PLACE, JOHN TOWLE CLOSE, OXFORD, OXFORDSHIRE OX1 4TZ

2 beds 1 baths 506 sq ft Listed 1 Jul 2025 (-384d)

£260,000

Guide Price

Reduced on 16 Sep 2025

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# 2 bedroom flat for sale (OX1 4TZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 26, VARSITY PLACE, JOHN TOWLE CLOSE, OXFORD, OXFORDSHIRE OX1 4TZ |
| Price | £260,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | D |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 47 m² |
| Last sold | £260,000 Apr 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 25/02/2029
- **Current heating cost:** £484/year

### Recommendations
- W1 (1,200)
- E (10)
- L2 (1,800)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0059-2886-6624-9221-3115)

## Description

**Property Description**

Chancellors are pleased to present this two bedroom ground floor apartment with it's own private garden. The property is just 0.9 miles from Oxford City Centre and is offered with no chain. Call today to arrange your viewing.

**Property Details**

**Situated in the sought-after neighbourhood of New Hinksey, this well-presented ground floor apartment offers the perfect blend of comfort, convenience, and outdoor space—all just 0.9 miles from Oxford City Centre.

The property features its own private garden, ideal for relaxing, entertaining, or working from home in the warmer months. Inside, the apartment benefits from a well-proportioned layout with bright, inviting interiors that offer a true sense of home.

Offered to the market with no onward chain, this is a fantastic opportunity for first-time buyers, downsizers, or investors seeking a strong location close to the heart of Oxford.

Key Features:**

- Ground floor accommodation

- Private garden with direct access

- Popular New Hinksey location

- Just 0.9 miles to Oxford City Centre

- Excellent transport links and local amenities

- Two bedrooms

- Offered with no onward chain

## Property Photos

- ![Front Aspect](/listings/photos/164025368/1298608) - Front Aspect
- ![Reception](/listings/photos/164025368/1298609) - Reception
- ![Reception](/listings/photos/164025368/1298610) - Reception
- ![Kitchen](/listings/photos/164025368/1298611) - Kitchen
- ![Bedroom](/listings/photos/164025368/1298612) - Bedroom
- ![Bedroom](/listings/photos/164025368/1298613) - Bedroom
- ![Bedroom](/listings/photos/164025368/1298614) - Bedroom
- ![Outside View](/listings/photos/164025368/1298615) - Outside View
- ![Outside View](/listings/photos/164025368/1298616) - Outside View

## Floorplans

- ![Floor Plan](/listings/photos/164025368/1298617) - Floor Plan

## EPC Graphs

- ![EPC](/listings/photos/164025368/1298618) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| VARSITY PLACE 26 JOHN TOWLE CLOSE, OXFORD, OXFORDSHIRE, OX1 4TZ | £260,000 | 02/04/2026 | Flat |
| VARSITY PLACE 26 JOHN TOWLE CLOSE, OXFORD, OXFORDSHIRE, OX1 4TZ | £177,000 | 06/12/2011 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| VARSITY PLACE 1 JOHN TOWLE CLOSE, OXFORD, OXFORDSHIRE, OX1 4TY | £285,000 | 23/10/2025 | Flat |
| VARSITY PLACE 24 JOHN TOWLE CLOSE, OXFORD, OXFORDSHIRE, OX1 4TZ | £260,000 | 21/11/2022 | Flat |
| 279 FLAT 3 ABINGDON ROAD, OXFORD, OXFORDSHIRE, OX1 4TJ | £350,000 | 26/08/2022 | Flat |
| VARSITY PLACE 6 JOHN TOWLE CLOSE, OXFORD, OXFORDSHIRE, OX1 4TY | £282,000 | 01/08/2022 | Flat |
| 279 FLAT 2 ABINGDON ROAD, OXFORD, OXFORDSHIRE, OX1 4TJ | £380,000 | 08/06/2022 | Flat |

**Area average:** £311,400 (5 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £338,500 (14 Flat, OX1, 2024–2026)
- **Deviation:** -23.2%

## Rental Range

*ONS Price Index of Private Rents (Oxford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,762/mo
- **Realistic:** £1,958/mo
- **Optimistic:** £2,154/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Maisonette, Trill Mill Court, OX1 | £4,999/mo | 2 | 0.93 miles | OpenRent |

**Average rent: £4,999/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.92% (strong)
- **Max investor price (0.8%):** £624,875
- **Target investor price (1%):** £499,900

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £4,999/mo).*

- **Gross yield:** 23.1%
- **Cost-to-rent:** 4.3×
- **Monthly cashflow:** £3,450/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 54.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £5,532/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -9.1%
- **10y growth:** -17.5%

## House Price Index (HM Land Registry)

*Official index for Oxford; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -0.5%
- **5y growth (index):** -4.5%
- **10y growth (index):** 0.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Front Aspect Reception Reception Kitchen Bedroom Bedroom Bedroom Outside View Outside View

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Property details

Tenure

SHARE_OF_FREEHOLD (968 years remaining on lease)

Floor area

47 m²

Council tax band

EPC rating

Year built

England and Wales: 1983-1990

Last sold

£260,000 Apr 2026

Price per m²

£5,532/m²

Local average

£338,500 (-23.2%)

Deprivation

Decile 6 (17,032 of 33,755)

Street crime

148 incidents within 1 mile (May 2026)

Key features

Share of Freehold Term 999 years from 01/01/1995
Main Bedroom
Reception Room
Family Bathroom
Private Garden
0.9 Miles From Oxford City Centre
Ground Floor Apartment
Two Bedrooms
No Chain

Additional details

Heating: Electric
Parking: Off street
Garden: Private garden

Description

Property Description

Chancellors are pleased to present this two bedroom ground floor apartment with it's own private garden. The property is just 0.9 miles from Oxford City Centre and is offered with no chain. Call today to arrange your viewing.

Property Details

Situated in the sought-after neighbourhood of New Hinksey, this well-presented ground floor apartment offers the perfect blend of comfort, convenience, and outdoor space—all just 0.9 miles from Oxford City Centre.

The property features its own private garden, ideal for relaxing, entertaining, or working from home in the warmer months. Inside, the apartment benefits from a well-proportioned layout with bright, inviting interiors that offer a true sense of home.

Offered to the market with no onward chain, this is a fantastic opportunity for first-time buyers, downsizers, or investors seeking a strong location close to the heart of Oxford.

Key Features:

- Ground floor accommodation
- Private garden with direct access
- Popular New Hinksey location
- Just 0.9 miles to Oxford City Centre
- Excellent transport links and local amenities
- Two bedrooms
- Offered with no onward chain

Contact us today to arrange your viewing. Properties in this location rarely stay on the market for long.

Listed by

East Oxford

Leaders and Romans Group

Reference: 164025368

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 26/02/2019

Expiry date: 25/02/2029

Current heating cost: £484/year

Potential heating cost: £288/year

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Floor insulation (suspended floor) (1,200)
Low energy lighting for all fixed outlets (10)
High heat retention storage heaters (1,800)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor Plan

EPC Graphs

EPC

Price history

47% since 2011

Event	Date	Price	% change
Sold	02/04/2026 (3 months ago)	£260,000	+46.9%
Sold	06/12/2011 (14 years ago)	£177,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
VARSITY PLACE 1 JOHN TOWLE CLOSE, OXFORD, OXFORDSHIRE, OX1 4TY	£285,000	23/10/2025	Flat
VARSITY PLACE 24 JOHN TOWLE CLOSE, OXFORD, OXFORDSHIRE, OX1 4TZ	£260,000	21/11/2022	Flat
279 FLAT 3 ABINGDON ROAD, OXFORD, OXFORDSHIRE, OX1 4TJ	£350,000	26/08/2022	Flat
VARSITY PLACE 6 JOHN TOWLE CLOSE, OXFORD, OXFORDSHIRE, OX1 4TY	£282,000	01/08/2022	Flat
279 FLAT 2 ABINGDON ROAD, OXFORD, OXFORDSHIRE, OX1 4TJ	£380,000	08/06/2022	Flat

Area average: £311,400 (5 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -9.1%

10y growth -17.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Oxford. Series: Flats and maisonettes. As of April 2026.

1y (index) -0.5%

5y (index) -4.5%

10y (index) 0.3%

Rental Range

Estimated market rent for Oxford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,762/mo

Realistic £1,958/mo

Optimistic £2,154/mo

Based on Local Authority from postcode lookup → Oxford.

Location

Map view View on Google Maps View on OpenStreetMap Street View OX1 4TZ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Chatham Road	0.1 miles
Shop	Unknown	0.1 miles
Shop	C. D. James	0.5 miles
University	Saïd Business School Executive Education Centre	0.6 miles
Train station	Oxford	1.5 miles
University	Peking University HSBC Business School (Foxcombe Hall UK Campus)	2.1 miles
Hospital	John Radcliffe Hospital	2.5 miles
Train station	Radley	3.4 miles
Hospital	Witney Community Hospital	10.8 miles

Street-level crime

Category	Count
Violence and sexual offences	54
Anti-social behaviour	22
Other theft	16
Public order	14
Criminal damage and arson	10
Bicycle theft	9
Shoplifting	7
Vehicle crime	6
Drugs	5
Theft from the person	3
Other crime	1
Robbery	1
Total incidents	148

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
New Hinksey Church of England Primary School	Primary	0.3 miles	Good — 9 Jul 2015
St Mary and St John Church of England Primary School	Primary	0.7 miles	Good — 18 Jun 2023
Grandpont Nursery School	Nursery	0.7 miles	Good — 19 Jun 2017
The Iffley Academy	Other	0.8 miles	Outstanding — 12 Jan 2015
St Ebbe's Church of England Aided Primary School	Primary	0.8 miles	Good — 20 Apr 2015

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Maisonette, Trill Mill Court, OX1	£4,999/mo	2	0.93 miles	OpenRent

Average rent: £4,999/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.92%

Max investor price (0.8%) £624,875

Target investor price (1%) £499,900

Gross yield 23.1%

Cost-to-rent ratio 4.3×

Monthly cashflow £3,450/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 54.9%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).