2 Bed Flat, Single Let, Radstock, BA3 2LE, £175,000

High Street, Midsomer Norton, Radstock, Somerset, BA3 2LE - 3 views - a year ago

Sold STC

Leasehold

BTL

ROI: 1%

~68 m²

+7 photos

ValuationUndervalued

Sold Prices	£101K - £210K
Sold Prices/m²	£1.9K/m² - £4.3K/m²

Square Metres	~68.11 m²
Price/m²	£2.6K/m²
Value Estimate	£207,247£207,247
BMV	18%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£43,750£43,750
Stamp Duty & Legal Fees	£6,450£6,450
Total Cash In	£50,200£50,200

Cash Out
Rent Range	£650 - £3,500£650 - £3,500
Rent Estimate	£744
Running Costs/mo	£716£716
Cashflow/mo	£28£28
Cashflow/yr	£340£340
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

21 sold prices from £101K to £210K, average is £162.5K. £1.9K/m² to £4.3K/m², average is £3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£150K	05/23	0.05 mi	Flat 15, Mill Court, The Island, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2HA	-	-	2	Flat
£175K	12/22	0.15 mi	35, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA	£3,241	54	2	Flat
£174K	02/23	0.15 mi	17, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA	-	-	2	Flat
£165K	07/21	0.16 mi	46, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA	£3,056	54	2	Flat
£175K	10/22	0.16 mi	36, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA	£3,365	52	2	Flat
£162.5K	07/21	0.16 mi	12, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA	£3,066	53	2	Flat
£210K	09/22	0.16 mi	11, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA	£4,286	49	2	Flat
£154.5K	04/21	0.16 mi	21, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA	£3,030	51	2	Flat
£162.5K	02/21	0.16 mi	17, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA	-	-	2	Flat
£186K	11/22	0.16 mi	28, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA	£3,451	54	2	Flat
£174.9K	08/22	0.16 mi	38, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA	£3,410	51	2	Flat
£157K	04/23	0.29 mi	10, Rackvernal Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2DH	£2,415	65	2	Flat
£101K	10/20	0.29 mi	9, Rackvernal Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2DH	£1,906	53	2	Flat
£130K	04/23	0.33 mi	8, Stanley Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2DU	£2,453	53	2	Flat
£127.5K	03/21	0.33 mi	3, Stanley Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2DU	£2,406	53	2	Flat
£168K	06/21	0.56 mi	Flat 6, Wishford Mews, Radstock Road, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2AW	-	-	2	Flat
£156K	03/23	0.56 mi	Flat 3, Wishford Mews, Radstock Road, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2AW	-	-	2	Flat
£163K	05/22	0.57 mi	Flat 1, Millards Court, Millards Hill, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2XL	-	-	2	Flat
£132K	05/22	0.68 mi	107, Hillside Avenue, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2LU	-	-	2	Flat
£130K	04/22	0.71 mi	74, Hillside Avenue, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2NA	£2,453	53	2	Flat
£159K	11/20	0.78 mi	10, Smallwood View, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2LG	£2,538	63	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£695	09/23	0.04 mi	-	2	Flat
£950	12/24	0.04 mi	The Island, Midsomer Norton, RADSTOCK	2	Flat
£735	12/24	0.16 mi	-	2	Terraced House
£925	04/24	0.26 mi	-	2	Terraced House
£1,150	12/24	0.28 mi	Midsomer Norton, Radstock	2	Detached House
£1,750	12/24	0.28 mi	Nightingale Way, Westfield, Radstock	4	Detached House
£1,450	12/24	0.32 mi	Westfield, Radstock	4	Detached House
£1,950	04/24	0.37 mi	-	4	Detached House
£950	12/24	0.42 mi	Midsomer Norton, Radstock	2	Terraced House
£995	12/24	0.45 mi	Charlton Road, Midsomer Norton	3	Terraced House
£1,200	12/24	0.51 mi	Rock Road, Midsomer Norton, Radstock, BA3	3	Terraced House
£1,650	12/24	0.51 mi	Sunnymead, Midsomer Norton	4	Detached House
£1,050	12/24	0.64 mi	Fosseway, Westfield, Radstock, Somerset, BA3	3	Flat
£1,200	12/24	1.04 mi	-	3	Semi-Detached House
£1,300	12/24	1.04 mi	-	3	Semi-Detached House
£1,200	12/24	1.09 mi	May Tree Road, Westfield	3	Detached House
£825	12/24	1.1 mi	Holly Walk, Westfield	2	Flat
£1,500	04/23	1.11 mi	-	3	Semi-Detached House
£1,550	12/24	1.29 mi	Winterfield Road, Paulton	4	Detached House
£995	12/24	1.35 mi	Wells Road, Westfield, Radstock	2	Flat
£1,250	12/24	1.42 mi	Chilcompton, Radstock	2	Flat
£3,200	11/24	1.51 mi	-	5	Terraced House
£1,000	12/23	1.52 mi	-	2	Flat
£1,100	02/23	1.52 mi	-	2	Semi-Detached House
£795	02/23	1.52 mi	-	1	Flat
£1,200	08/23	1.52 mi	-	2	Flat
£1,275	12/24	1.52 mi	-	2	Flat
£1,195	08/24	1.52 mi	-	2	Semi-Detached House
£1,295	08/24	1.52 mi	-	2	Semi-Detached House
£775	12/24	1.53 mi	Wells Road, Radstock	1	Flat
£1,350	01/25	1.55 mi	-	3	Semi-Detached House
£750	12/24	1.6 mi	Coombend House , Coombend, Radstock	1	Flat
£900	12/24	1.63 mi	-	2	Flat
£995	12/24	1.66 mi	Paulton, Bristol, Somerset	2	Detached House
£750	12/24	1.71 mi	High Street, Paulton	1	Flat
£1,000	02/25	1.85 mi	-	2	Flat
£1,150	12/24	1.87 mi	Parsonage Lane, Chilcompton	2	Flat
£2,000	12/24	1.87 mi	-	4	Detached House
£1,200	12/24	1.88 mi	Paulton, Bristol	3	Terraced House
£1,050	12/24	2 mi	Stoneable Road, Radstock	3	Terraced House
£1,600	12/24	2.07 mi	Mells Lane, Radstock, Somerset, BA3	3	Detached House
£1,350	12/24	2.11 mi	Chilcompton, Radstock	4	Flat
£650	12/24	2.12 mi	Sycamore Road, Radstock	1	Flat
£900	12/24	2.26 mi	Radford, Timsbury	1	Flat
£3,500	12/24	2.27 mi	-	7	Detached House
£3,500	12/24	2.28 mi	Church Street, Kilmersdon	6	Flat
£1,300	12/24	2.33 mi	Farrington Gurney, Bristol	2	Detached House
£1,450	10/24	2.34 mi	-	1	Detached House
£2,500	12/24	2.34 mi	-	4	Detached House
£895	12/24	2.36 mi	Bainsbury View, Stratton-On-The-Fosse, Radstock	2	Terraced House

Local Area Statistics

Population in BA3	34,59434,594
Town centre distance	1.25 miles away1.25 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	7.83 miles away7.83 miles away

Rental growth (12m)	+4%+4%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+24%+24%

Property History

Listed for £175,000

March 30, 2024

Floor Plans

Description

GROUND FLOOR APARTMENT +
TWO BEDROOMS +
IMPRESSIVE OPEN PLAN LIVING SPACE +
MODERN AND STYLISH FITTINGS +
HIGH STREET LOCATION +
NO ONWARD SALES CHAIN +
BRIGHT NEUTRAL DECOR SCHEME +
PRIVATE ENTRANCE +

Allen Residential are pleased to offer for sale this modern ground floor apartment is conveniently located just off the High Street, offering ease of access to a wide range of amenities that include bars, cafes, shops as well as local schooling.

The accommodation is both spacious and light with paved frontage leading to the entrance door and porch with storage, opening through to an impressive open plan living area with almost double height ceilings, space for sitting and dining as well as a modern fitted kitchen with integrated appliances and storage cupboard. The main bedroom also has taller than average ceilings with feature staircase and storage solutions. The second bedroom benefits from built in wardrobes and there is a well appointed family bathroom suite.

Ideal for first time buyers, buy to let investors as well as those downsizing wanting the benefits that living in a town centre brings.

For more information or to arrange a viewing contact the sales team at Allen Residential on .

THE ACCOMMODATION:

PORCH

LIVING AREA AND KITCHEN

BEDROOM ONE

BEDROOM TWO

BATHROOM

SEE FLOORPLAN FOR MEASUREMENTS

Agent Details

Allen Residential, Paulton

01761 412300

Next Steps?

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

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