4 Bed Terraced House, Single Let, Taunton, TA1 3HY, £195,000

48 Alfred Street, Taunton, Somerset, TA1 3HY - 10 months ago

Sold STC
Auction
BTL
ROI: 8%
152 m²
+12 photos

ValuationUndervalued

Sold Prices£175K - £935K
Sold Prices/m²£1.7K/m² - £4.2K/m²

 

 

Square Metres

152 m²
Price/m²£1.3K/m²

Value Estimate

£235,950
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Total Cash In

£55,800

 

 

Cash Out

 

Rent Range

£1,150 - £2,950

Rent Estimate

£1,238

Running Costs/mo

£877

Cashflow/mo

£361

Cashflow/yr

£4,332

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £175K to £935K, average is £325K. £1.7K/m² to £4.2K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£270K11/210.03 mi51, Alfred Street, Taunton, Somerset TA1 3HY4
£311.5K07/230.07 mi14, Mitre Court, Taunton, Somerset TA1 3ER4
£275K02/230.26 mi12, Theaks Mews, Taunton, Somerset TA1 3EY4
£215K12/200.26 mi18, Theaks Mews, Taunton, Somerset TA1 3EY4
£370K10/230.3 mi65, Hamilton Road, Taunton, Somerset TA1 2EL4
£330K10/230.32 mi49, Priory Avenue, Taunton, Somerset TA1 1XZ4
£367.5K08/230.33 mi114, South Street, Taunton, Somerset TA1 3AG4
£290K06/210.33 mi169, South Street, Taunton, Somerset TA1 3AG4
£330K08/230.33 mi106, South Street, Taunton, Somerset TA1 3AG4
£300K06/210.42 mi64, Severn Drive, Taunton, Somerset TA1 2PW4
£262.5K12/200.42 mi57, Severn Drive, Taunton, Somerset TA1 2PW4
£290K08/230.42 mi83, Severn Drive, Taunton, Somerset TA1 2PW4
£342K06/210.43 mi30, Bloomfield Close, Taunton, Somerset TA1 2EW4
£309K09/230.44 mi159, Firepool View, Taunton, Somerset TA1 1NY4
£570K06/230.48 mi45, South Road, Taunton, Somerset TA1 3DU4
£400K11/200.48 mi57, South Road, Taunton, Somerset TA1 3DU4
£390K04/210.48 mi53, South Road, Taunton, Somerset TA1 3DU4
£330K12/200.49 mi86, Firepool View, Taunton, Somerset TA1 1PS4
£450K10/230.55 mi63, St Josephs Field, Taunton, Somerset TA1 3TF4
£175K10/200.55 mi45, Beadon Road, Taunton, Somerset TA1 2DL4
£280K05/230.59 mi32, Massingham Park, Taunton, Somerset TA2 7TG4
£200K08/210.59 mi198, Outer Circle, Taunton, Somerset TA1 2BZ4
£230K01/210.62 mi92, Massingham Park, Taunton, Somerset TA2 7TQ4
£270K02/210.63 mi21, Draycott Avenue, Taunton, Somerset TA2 7QG4
£399.9K02/230.64 mi1, St Georges Square, Taunton, Somerset TA1 3RX4
£389K11/230.64 mi11, St Georges Square, Taunton, Somerset TA1 3RX4
£480K11/230.65 mi58, Dunkleys Way, Taunton, Somerset TA1 2LX4
£370K02/240.67 mi11, Mount Street, Taunton, Somerset TA1 3QB4
£695K03/210.71 mi113, South Road, Taunton, Somerset TA1 3EA4
£315K05/210.72 mi1, Torridge Mead, Taunton, Somerset TA1 2NU4
£270K09/230.73 mi70, Priorswood Road, Taunton, Somerset TA2 7PT4
£415K09/230.73 mi17, Fields End, Taunton, Somerset TA1 2LU4
£410K03/210.73 mi31, Fields End, Taunton, Somerset TA1 2LU4
£348K03/210.73 mi37, Fields End, Taunton, Somerset TA1 2LU4
£305K12/200.77 mi30, Belvedere Road, Taunton, Somerset TA1 1HD4
£320K01/230.78 mi63, Redlake Drive, Taunton, Somerset TA1 2RU4
£345K03/210.8 miPembridge, Kilkenny Avenue, Taunton, Somerset TA2 7PJ4
£313K09/210.8 mi60, Belvedere Road, Taunton, Somerset TA1 1BS4
£467K01/230.81 miMeade Cottage, Holway Green, Taunton, Somerset TA1 2YJ4
£282.5K12/230.82 mi23, Creechberry Orchard, Taunton, Somerset TA1 2EX4
£290K12/230.82 mi5, Barlinch Close, Taunton, Somerset TA2 7HL4
£415K12/200.83 mi4, Calway Road, Taunton, Somerset TA1 3EQ4
£265K05/240.84 mi39, Tyne Park, Taunton, Somerset TA1 2RP4
£360K09/210.84 mi10, Mountfields Road, Taunton, Somerset TA1 3BQ4
£312.5K12/200.85 mi73, Belvedere Road, Taunton, Somerset TA1 1BU4
£295K02/210.85 mi61, Belvedere Road, Taunton, Somerset TA1 1BU4
£336.5K07/230.86 mi5, St Andrews Road, Taunton, Somerset TA2 7BW4
£467.5K12/220.87 mi33, Calway Road, Taunton, Somerset TA1 3EG4
£285K12/220.88 mi119, Wedlands, Taunton, Somerset TA2 7AD4
£935K10/200.9 mi7, The Avenue, Taunton, Somerset TA1 1EA4

Local Rents

20 rents from £1.1K/mo to £3K/mo, average is £2.7K/mo.

RentDateDistanceAddressBeds 
£2,70009/240.09 mi-3
£2,70012/240.09 mi-3
£2,70002/250.09 mi-3
£2,70003/250.09 mi-3
£1,40009/240.19 mi-3
£1,40008/240.24 mi-3
£1,20009/240.36 miParmin Way, TA1 3
£1,30009/240.39 miFirepool Crescent, Taunton3
£1,30009/240.39 miFirepool Crescent, Taunton3
£2,95002/240.4 mi-3
£2,95009/240.4 mi-3
£2,95009/240.4 mi-3
£2,95009/240.4 mi-3
£2,95009/240.4 mi-3
£2,95007/240.4 mi-3
£2,95008/240.4 mi-3
£2,95002/250.4 mi-3
£2,95003/250.4 mi-3
£1,15009/240.5 miBeadon Road, TAUNTON3
£1,95009/240.56 miKings Square, TAUNTON4

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.44 miles away

Nearest school

0.20 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £195,000

June 9, 2024

Description

  • A spacious four bedroom Victorian terrace property Benefitting from off road parking. +
  • No onward chain. +

A spacious four bedroom Victorian terrace property benefitting from off road parking. No onward chain.

For Sale by In Room and Livestream Auction on Tuesday 16th July 2024 at 2pm at The Batch Country House, Lympsham, Nr Weston-super-Mare, Somerset BS24 0EX.

Offering an exciting opportunity, 48 Alfred Street is a characterful Victorian terrace property that is in need of refurbishment throughout. Spread over three floors, the accommodation comprises an entrance porch with door leading to an entrance hall with under stairs storage cupboard and doors giving access to a good sized living room with feature fireplace and window to the front aspect. The dining room is also a good size and benefits from alcove storage to the side of a feature fireplace. To the rear of the hallway can be found a breakfast room with storage cupboard and door leading to the kitchen which is currently fitted with a range of wall and base units. A rear hallway has a further storage cupboard and gives access to the downstairs shower room fitted in a modern white suite comprising a W.C., wash hand basin and shower cubicle. Stairs from the entrance hallway give access to the split level first floor landing with under stairs storage cupboard. The landing provides access to four good size bedrooms, three of which are doubles. In bedroom three can be found an airing cupboard housing a modern fitted gas combination boiler. Stairs from the landing lead to the loft room with Velux window. The room is a great space that requires adaptation for future use.

METHOD OF SALE
The property will be offered for sale via in room and online livestream auction on Tuesday 16th July 2024 at 2:00pm
It is possible the property may be sold prior to the auction date therefore it is advisable for interested parties to register their interest with the Agents and it is their responsibility to check with the Agents whether the property will still be offered on the auction date.

AUCTION PACK
The Auction Pack, containing the contract and special conditions of sale, should be obtained online. 
documents will not be read at the time of sale and all prospective purchasers will be deemed to have bid for the property in full knowledge of their contents and shall not raise any requisition or objection whatsoever thereafter.
BUYER’S ADMINISTRATION FEE
The successful purchaser(s) will be liable to pay a Buyer’s Administration Fee based upon the eventual sale price to the selling Agents. See our Terms & Conditions for Livestream and In Room Auctions for further details.

BIDDER REGISTRATION
All potential online, telephone & proxy bidders are required to register their details with Greenslade Taylor Hunt prior to the commencement of the auction by completing the Online Bidder Registration.
Those attending the auction room to bid in person will complete bidder registration on arrival to the auction room. All in room bidders must provide 2 forms of Identification in order to register.
Further details are available from the Agents upon request.

CONSUMER PROTECTION REGULATIONS
While we endeavour to make our sales details accurate and reliable, if there is any point which is of particular interest to you please contact the office and we will be pleased to confirm the position for you, particularly if you are contemplating travelling some distance to view the property.

GUIDE PRICE
An indication of the seller’s current minimum price at auction. The guide price of range or guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

RESERVE PRICE
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

CONDITIONS OF SALE
If you are the successful Buyer you will - from the moment the Auctioneer's gavel falls - become legally bound by the Conditions of Sale in relation to that Lot. Further details are available from the Agent. It will be assumed that you have read and considered the Conditions of Sale and any other relevant documents for the Lot (s) you are interested in before the day of the Auction, that you have shown them to your professional advisors and taken their professional advice before bidding. All buyers will be deemed to fully understand what they may be liable for if successful in purchasing. This should also include Stamp Duty Land Tax, Land Registry fees and VAT which may become payable on completion. If a potential purchaser is in any doubt they should seek advice from their own professional advisors.

RICS COMMON AUCTION CONDITIONS
We sell in accordance with RICS Common Auction Conditions 7th Edition, a copy of which is available on our website.

Alfred Street is found off Victoria Gate to the East of Taunton town centre. Victoria Park is situated directly opposite the house which is a park full of green open spaces. Taunton is easily accessible with its extensive range of shopping, recreational, sporting and cultural facilities including Somerset County Cricket Ground and Taunton Racecourse. The County town also provides access to the M5 motorway and a mainline intercity rail link

Externally the property benefits from off road parking for two vehicles to the front. The rear garden is of good size and is, currently, predominantly laid to hardstanding with many mature shrubs and trees. The garden benefits from two storage sheds. A gate leads to a further area of garden to the rear which features a large outbuilding and rear access. The gardens are currently overgrown but could be adapted into a wonderful outside space.

Agent Details

Greenslade Taylor Hunt, Taunton

01823 211774

Next Steps?

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