3 Bed Terraced House, Single Let, Taunton, TA1 3BA, £260,000

50 Grays Road, Taunton, Somerset, TA1 3BA - 9 months ago

BTL
ROI: 3%
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£136K - £370K
Sold Prices/m²£1.6K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£220,009

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£1,150 - £2,950

Rent Estimate

£1,275

Running Costs/mo

£1,088

Cashflow/mo

£188

Cashflow/yr

£2,250

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £136K to £370K, average is £230K. £1.6K/m² to £4.4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£190K11/210 mi46, Grays Road, Taunton, Somerset TA1 3BA3
£205K09/230 mi49, Grays Road, Taunton, Somerset TA1 3BA3
£365K06/230.07 mi6, Victoria Street, Taunton, Somerset TA1 3JA3
£207.5K11/210.09 mi29, Mitre Court, Taunton, Somerset TA1 3ER3
£189.3K10/210.09 mi28, Mitre Court, Taunton, Somerset TA1 3ER3
£241K08/230.09 mi26, Mitre Court, Taunton, Somerset TA1 3ER3
£205K03/240.1 mi3, Alfred Street, Taunton, Somerset TA1 3HU3
£247K08/210.1 mi13, Midford Road, Taunton, Somerset TA1 2JJ3
£265K02/230.11 mi32, Queen Street, Taunton, Somerset TA1 3AX3
£210K08/210.12 mi13, Church Street, Taunton, Somerset TA1 3JE3
£200K06/210.12 mi29, Alfred Street, Taunton, Somerset TA1 3HY3
£210K03/210.14 mi10, Eastleigh Road, Taunton, Somerset TA1 2YA3
£136K10/210.14 mi5, Eastleigh Gardens, Taunton, Somerset TA1 2AS3
£230K03/210.16 mi29, Trinity Road, Taunton, Somerset TA1 3JJ3
£226K03/210.16 mi79, Trinity Road, Taunton, Somerset TA1 3JJ3
£275K12/230.16 mi83, Trinity Road, Taunton, Somerset TA1 3JJ3
£208K09/230.16 mi9, Queen Street, Taunton, Somerset TA1 3AS3
£189K04/210.17 mi34, Wordsworth Drive, Taunton, Somerset TA1 2HW3
£317.5K11/230.18 mi1, Trinity Street, Taunton, Somerset TA1 3JG3
£250K06/210.2 mi2a, Burns Road, Taunton, Somerset TA1 2HU3
£230K06/210.2 mi82, Eastleigh Road, Taunton, Somerset TA1 2YD3
£265K02/230.2 mi72, Eastleigh Road, Taunton, Somerset TA1 2YD3
£187.5K04/210.2 mi65, Leycroft Road, Taunton, Somerset TA1 2ED3
£225K02/210.21 mi32, Westleigh Road, Taunton, Somerset TA1 2XY3
£325K12/230.21 mi32, Westleigh Road, Taunton, Somerset TA1 2XY3
£187.5K04/210.23 mi65, Leycroft Road, Taunton, Somerset TA1 2ED3
£305K11/230.23 mi124, South Street, Taunton, Somerset TA1 3AG3
£160K07/210.24 mi12, South Street, Taunton, Somerset TA1 3AA3
£190K05/230.24 mi84, Lambrook Road, Taunton, Somerset TA1 2AF3
£171K11/200.26 mi43, Eastbourne Road, Taunton, Somerset TA1 1SU3
£230K12/220.26 mi17, Eastbourne Terrace, Taunton, Somerset TA1 1SX3
£183K01/230.27 mi20, Eastbourne Road, Taunton, Somerset TA1 1ST3
£234.8K01/230.27 mi5, Eastbourne Terrace, Taunton, Somerset TA1 1SX3
£270K04/230.27 mi122, Priory Avenue, Taunton, Somerset TA1 1YB3
£195K08/210.28 mi17, Winchester Street, Taunton, Somerset TA1 1QQ3
£210K02/230.28 mi13, Winchester Street, Taunton, Somerset TA1 1QQ3
£230K12/230.28 mi9, Monks Close, Taunton, Somerset TA1 2AW3
£240K05/210.28 mi35, Alma Street, Taunton, Somerset TA1 3AJ3
£272K04/210.3 mi60, Alma Street, Taunton, Somerset TA1 3AL3
£282K07/210.3 mi23, Holway Road, Taunton, Somerset TA1 2EZ3
£270K02/230.31 mi67, Alma Street, Taunton, Somerset TA1 3AL3
£245K03/210.31 mi81, Parmin Way, Taunton, Somerset TA1 2JX3
£250K03/210.31 mi30, Holway Road, Taunton, Somerset TA1 2EY3
£205K11/230.32 mi44, Winchester Street, Taunton, Somerset TA1 1QG3
£180K06/230.32 mi3, Monmouth Road, Taunton, Somerset TA1 2AZ3
£247.5K10/230.33 mi25, Parmin Way, Taunton, Somerset TA1 2JU3
£231K08/230.33 mi12, Parmin Way, Taunton, Somerset TA1 2JU3
£312K06/230.33 mi27, Holway Avenue, Taunton, Somerset TA1 3AP3
£370K03/240.33 mi48, Holway Avenue, Taunton, Somerset TA1 3AR3
£260K03/230.33 mi46, Holway Avenue, Taunton, Somerset TA1 3AR3

Local Rents

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

RentDateDistanceAddressBeds 
£1,40009/240.09 mi-3
£1,40008/240.16 mi-3
£2,70009/240.19 mi-3
£2,70012/240.19 mi-3
£2,70002/250.19 mi-3
£2,70003/250.19 mi-3
£1,20009/240.31 miParmin Way, TA1 3
£1,30009/240.48 miFirepool Crescent, Taunton3
£1,30009/240.48 miFirepool Crescent, Taunton3
£2,95002/240.48 mi-3
£2,95009/240.48 mi-3
£2,95009/240.48 mi-3
£2,95009/240.48 mi-3
£2,95009/240.48 mi-3
£2,95007/240.48 mi-3
£2,95008/240.48 mi-3
£2,95002/250.48 mi-3
£2,95003/250.48 mi-3
£1,15009/240.58 miBeadon Road, TAUNTON3

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.40 miles away

Nearest school

0.20 miles away

Nearest train station

0.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £260,000

July 5, 2024

Sold for £175,000

2007

Sold for £72,500

2000

Sold for £50,000

1997

Floor Plans

Description

  • END OF TERRACE HOME +
  • THREE BEDROOMS +
  • FIRST FLOOR BATHROOM +
  • TWO RECEPTION ROOMS +
  • RESIDENTS PERMIT PARKING +
  • LOW MAINTENANCE REAR GARDEN +
  • GAS CENTRAL HEATING +
  • CLOSE TO AMENITIES +

A spacious three bedroomed Victorian end of terrace home conveniently located for the town centre. The accommodation consists of; entrance hall, sitting room, dining room, kitchen/breakfast room, two double bedrooms to the first floor and separate family bathroom. A further double bedroom is on the second floor. Externally the property benefits from a low maintenance rear garden and residents permit parking. Energy rating: E-43

Agent Details

Gibbins Richards, Taunton

01823 211768

Next Steps?

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