5 Bed Detached House, Single Let, Radstock, BA3 2JD, £475,000

Redfield Road, Midsomer Norton, Radstock, Somerset, BA3 2JD - 2 years ago

BTL
~228 m²
+17 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£27,900

Total Cash In

£146,650

 

 

Cash Out

 

Rent Range

£650 - £3,500

Rent Estimate

£743

Running Costs/mo

£1,653

Cashflow/mo

£-910

Cashflow/yr

£-10,920

Gross Yield

2%













Local Rents

50 rents from £650/mo to £3.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15012/240.06 miMidsomer Norton, Radstock2
£69509/230.19 mi-2
£95012/240.19 miThe Island, Midsomer Norton, RADSTOCK2
£1,95004/240.26 mi-4
£73512/240.38 mi-2
£1,75012/240.39 miNightingale Way, Westfield, Radstock4
£1,45012/240.43 miWestfield, Radstock4
£92504/240.47 mi-2
£99512/240.47 miCharlton Road, Midsomer Norton3
£1,65012/240.58 miSunnymead, Midsomer Norton4
£95012/240.63 miMidsomer Norton, Radstock2
£1,05012/240.7 miFosseway, Westfield, Radstock, Somerset, BA33
£1,20012/240.72 miRock Road, Midsomer Norton, Radstock, BA33
£1,20012/241.19 mi-3
£1,30012/241.19 mi-3
£1,25012/241.21 miChilcompton, Radstock2
£1,20012/241.26 miMay Tree Road, Westfield3
£82512/241.28 miHolly Walk, Westfield2
£1,50004/231.28 mi-3
£1,55012/241.36 miWinterfield Road, Paulton4
£99512/241.54 miWells Road, Westfield, Radstock2
£3,20011/241.57 mi-5
£1,35001/251.64 mi-3
£1,15012/241.66 miParsonage Lane, Chilcompton2
£1,00012/231.71 mi-2
£1,10002/231.71 mi-2
£79502/231.71 mi-1
£1,20008/231.71 mi-2
£1,27512/241.71 mi-2
£1,19508/241.71 mi-2
£1,29508/241.71 mi-2
£77512/241.72 miWells Road, Radstock1
£99512/241.74 miPaulton, Bristol, Somerset2
£75012/241.78 miHigh Street, Paulton1
£75012/241.8 miCoombend House , Coombend, Radstock1
£90012/241.83 mi-2
£1,35012/241.91 miChilcompton, Radstock4
£1,00002/251.91 mi-2
£1,20012/241.94 miPaulton, Bristol3
£2,00012/241.94 mi-4
£2,50012/242.13 mi-4
£1,45010/242.17 mi-1
£89512/242.19 miBainsbury View, Stratton-On-The-Fosse, Radstock2
£1,05012/242.2 miStoneable Road, Radstock3
£1,30012/242.24 miFarrington Gurney, Bristol2
£1,60012/242.25 miMells Lane, Radstock, Somerset, BA33
£65012/242.3 miSycamore Road, Radstock1
£3,50012/242.35 mi-7
£3,50012/242.36 miChurch Street, Kilmersdon6
£90012/242.44 miRadford, Timsbury1

Local Area Statistics

Population in BA3

34,594

Town centre distance

1.44 miles away

Nearest school

0.10 miles away

Nearest train station

8.04 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Price changed to £475,000

December 4, 2024

Listed for £490,000

June 1, 2023

Floor Plans

Description

We are pleased to offer this impressive detached family home that couldn't be any better placed for easy access to the shops, amenities and schools available all within easy level walking distance. The exceptionally well proportioned living accommodation could be used in a whole host of different ways making it suitable for large families and even those who work from home. On the ground floor there are three large reception rooms, and a fantastic kitchen/breakfast room, bedroom/study and a utility/WC. On the first floor there are four further bedrooms and a lovely family bathroom whilst the main bedroom boasts a large walk in wardrobe and also a stunning en-suite shower room/bathroom. Other features include a gas central heating system, PVCu double glazing and off street parking for up to four cars. To the rear is a fully enclosed and very private low maintenance rear garden and a useful block built workshop/studio. Internal viewing is highly recommended.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

QMI230135/2

Agent Details

YOUR MOVE Bailey & Bryant, Midsomer Norton

01761 250903

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪