3 Bed Bungalow, Refurb/BRRR, Taunton, TA4 4DH, £330,000

12 Bracken Edge, Taunton, Somerset, TA4 4DH - a year ago

Sold STC
Refurb/BRRR
~104 m²
+10 photos

ValuationOvervalued

Sold Prices£101.2K - £790K
Sold Prices/m²£1.2K/m² - £4.5K/m²

 

 

Square Metres

~103.58 m²
Price/m²£3.2K/m²

Value Estimate

£279,666

 

 

End Value (After Refurb)

£312,960

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£15,100

Refurb Costs

£42,323

Bridging Loan Interest

£8,663

Total Cash In

£150,336

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£312,960

Mortgage (After Refinance)

£234,720

Mortgage LTV

75%

Cash Left In

£150,336

Equity

£78,240

Rent Range

£421 - £1,100

Rent Estimate

£822

Running Costs/mo

£1,162

Cashflow/mo

£-340

Cashflow/yr

£-4,085

Gross Yield

3%

Local Sold Prices

34 sold prices from £101.2K to £790K, average is £249K. £1.2K/m² to £4.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£790K08/211.33 mi14, Dashwoods Lane, Bicknoller, Taunton, Somerset TA4 4EQ3
£510K06/231.4 mi6, Combe Close, Bicknoller, Taunton, Somerset TA4 4EP3
£185K04/211.55 mi8, Station Road, Williton, Taunton, Somerset TA4 4RQ3
£243K12/201.72 mi9, Rangoon Road, Watchet, Somerset TA23 0TS3
£255K11/211.76 mi2, Cassino Road, Watchet, Somerset TA23 0TX3
£215K12/201.76 mi16, Cassino Road, Watchet, Somerset TA23 0TX3
£320K09/211.77 mi16, Dovetons Drive, Williton, Taunton, Somerset TA4 4ST3
£195K11/201.78 mi2, Limes Close, Williton, Taunton, Somerset TA4 4SU3
£195K11/201.78 mi2, Limes Close, Williton, Taunton, Somerset TA4 4SU3
£375K04/241.79 mi26, Brook Road, Williton, Taunton, Somerset TA4 4TE3
£274.9K02/211.79 mi23, Brook Road, Williton, Taunton, Somerset TA4 4TE3
£345K06/231.79 mi12, Brook Road, Williton, Taunton, Somerset TA4 4TE3
£440K10/201.79 mi72, Tower Hill, Williton, Taunton, Somerset TA4 4JR3
£215K09/231.8 mi66, Long Street, Williton, Taunton, Somerset TA4 4QY3
£215K04/211.8 mi84, Long Street, Williton, Taunton, Somerset TA4 4QY3
£235K01/211.81 mi8, Normandy Avenue, Watchet, Somerset TA23 0TU3
£225K01/211.81 mi38, Normandy Avenue, Watchet, Somerset TA23 0TU3
£265K04/221.81 mi2, Normandy Avenue, Watchet, Somerset TA23 0TU3
£101.2K12/231.82 mi27, Rexton Meadow Drive, Williton, Taunton, Somerset TA4 4EZ3
£190K11/221.82 mi13, Whitecroft, Williton, Taunton, Somerset TA4 4RU3
£160K10/201.82 mi39, Whitecroft, Williton, Taunton, Somerset TA4 4RU3
£210K02/211.84 mi17, Fairfield Drive, Williton, Taunton, Somerset TA4 4SX3
£225K04/211.84 mi1, Fairfield Drive, Williton, Taunton, Somerset TA4 4SX3
£315K06/211.88 mi16, Catwell, Williton, Taunton, Somerset TA4 4PF3
£288K03/221.88 mi52, Normandy Avenue, Watchet, Somerset TA23 0TU3
£405K08/211.9 mi48, Tower Hill, Williton, Taunton, Somerset TA4 4NU3
£356K02/211.9 mi28, Tower Hill, Williton, Taunton, Somerset TA4 4NU3
£395K01/211.9 mi21, Tower Hill, Williton, Taunton, Somerset TA4 4NU3
£285K09/211.93 mi40, Half Acre, Williton, Taunton, Somerset TA4 4NZ3
£201K02/211.93 mi40, Half Acre, Williton, Taunton, Somerset TA4 4NZ3
£185K01/241.95 mi29, Larviscombe Road, Williton, Taunton, Somerset TA4 4SA3
£263.5K02/211.98 mi6, Rylands Close, Williton, Taunton, Somerset TA4 4PE3
£230K01/211.99 mi2, Half Acre, Williton, Taunton, Somerset TA4 4NX3
£345K11/201.99 mi8, Tower Hill, Williton, Taunton, Somerset TA4 4NT3

Local Rents

15 rents from £421/mo to £1.1K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£72506/231.72 mi-2
£75009/241.72 mi-2
£75009/241.72 mi-2
£70009/241.72 mi-2
£80003/251.72 mi-2
£1,10010/231.75 mi-3
£80004/241.77 mi-2
£90010/231.78 mi-3
£99503/231.78 mi-3
£85003/231.78 mi-2
£80007/241.78 mi-3
£1,00006/232.02 mi-3
£82509/242.07 miFore Street, Williton3
£99511/242.12 mi-2
£42109/242.26 mi-1

Local Area Statistics

Population in TA4

19,149

Population in Taunton

85,088

Town centre distance

13.05 miles away

Nearest school

2 miles away

Nearest train station

12.47 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £330,000

January 25, 2024

Sold for £285,000

2015

Sold for £118,000

1999

Floor Plans

Description

  • No Onward Chain +
  • Popular Cul-De-Sac Location +
  • Garage & Off Road Parking +
  • Some Cosmetic Modernisation Required +
  • Partial uPVC Double Glazing +
  • Oil Fired Central Heating +

DESCRIPTION: The property comprises a detached bungalow of traditional brick and block construction with reconstructed stone and rendered elevations under a heavy tiled roof with the benefit of partial uPVC double glazing and oil fired central heating. The property has been well maintained but would now benefit from some cosmetic modernisation and viewings are advised to appreciate the gardens and the space of the accommodation on offer.

The accommodation in brief comprises; part glazed uPVC door into Entrance Porch. Glazed door into Entrance Hall; large walk in storage cupboard, second storage cupboard, airing cupboard housing modern foam lagged cylinder with immersion switch. Living Room/Dining Room (L-shaped; triple aspect, far reaching views to the Bristol Channel and North Hill, Minehead. Wood burner inset into fireplace with tiled surround and hearth, TV point, telephone point, ample room for dining table, serving hatch to kitchen. Kitchen; aspect to rear, range of solid wood cupboards and drawers under a marble effect rolled edge worktop, stainless steel sink and drainer, mixer tap over, tiled splashbacks, fitted electric oven and four ring hob over, space and plumbing for washing machine, space for tall fridge-freezer. Bedroom 1; aspect to rear, good range of fitted wardrobes, wash basin inset into vanity unit. Bedroom 2 (formally the original garage); with aspect to front, range of fitted wardrobes, secondary hatch to loft space. Bedroom 3; aspect to front. Bathroom; with four piece suite comprising panelled bath, tiled surround, corner shower cubicle with electric Mira shower over, low level WC, wash basin inset into vanity unit with mirrored cupboard over. Separate WC; with low level WC, wash hand basin with tiled splashback. Garden Room; with doors to each side, stainless steel sink and drainer with private aspect over rear garden.

OUTSIDE: The bungalow sits on a generous wrap around plot, at the front of the bungalow the gardens are laid mainly to lawn with planted borders. There is a driveway leading to the Garage; with up and over door, power and lighting. The rear garden enjoys a private aspect and is laid to lawn and paved seating areas with hedged and walled boundaries and planted borders. There is also a small workshop/garden store and the boiler room with Grant oil fired boiler for central heating and hot water.

ACCOMMODATION:

Entrance Porch

Entrance Hall

Living Room/Dining Room

Kitchen

Garden Room

Bedroom 1

Bedroom 2

Bedroom 3

Bathroom

Separate WC

Garage, Gardens & Parking.

Agents Notes: Some of the photographs used by Wilkie, May & Tuckwood have been taken with a wide angled lens to show the property off to its best advantage. Please note the floorplan is for guidance only and is not architecturally accurate.

THE PROPERTY MISDESCRIPTIONS ACT 1991
The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A buyer is advised to obtain verification from their Solicitor or Surveyor.
References to the Tenure of the Property are based on information supplied by the Seller. The agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.

Agent Details

Wilkie May & Tuckwood, Watchet

01984 600336

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