5 Bed Terraced House, Refurb/BRRR, Taunton, TA4 1JU, £375,000

Fore Street, Milverton, Taunton, TA4 1JU - 2 views - 9 months ago

Refurb/BRRR
~196 m²
+23 photos

ValuationFair Value

Sold Prices£289.9K - £1.1M
Sold Prices/m²£2.4K/m² - £4.6K/m²

 

 

Square Metres

~195.50 m²
Price/m²£1.9K/m²

Value Estimate

£382,500

 

 

End Value (After Refurb)

£619,563

Uplift in Value

+65%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£79,882

Bridging Loan Interest

£9,844

Total Cash In

£213,925

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£619,563

Agent Fees (1%)

£6,196

Bridging Loan

£281,250

Bridging Loan Interest

£9,844

Flip Profit

£118,191

Local Sold Prices

10 sold prices from £289.9K to £1.1M, average is £549.5K. £2.4K/m² to £4.6K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£420K01/230 miGovetts, Fore Street, Milverton, Taunton, Somerset TA4 1JU5
£370K03/210.09 miMildon House, Fore Street, Milverton, Taunton, Somerset TA4 1JX5
£475K01/210.12 mi14, Woodbarton, Milverton, Taunton, Somerset TA4 1LU5
£747K03/211.58 miOrchard Cottage, Croford, Wiveliscombe, Taunton, Somerset TA4 2TW5
£624K12/222.6 miThe Fern, Ford Road, Wiveliscombe, Taunton, Somerset TA4 2NJ5
£900K03/212.64 miTor Cleeve, Ford Road, Wiveliscombe, Taunton, Somerset TA4 2RQ5
£1.1M06/232.64 miTor Cleeve, Ford Road, Wiveliscombe, Taunton, Somerset TA4 2RQ5
£289.9K04/212.7 mi32, Millstream Gardens, Tonedale, Wellington, Somerset TA21 0AA5
£705K01/212.8 mi27, Golden Hill, Wiveliscombe, Taunton, Somerset TA4 2NT5
£415K11/202.82 mi10, The Square, Wiveliscombe, Taunton, Somerset TA4 2JT5

Local Rents

7 rents from £950/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,12009/240.17 miSilver Street, Milverton2
£1,50009/241.93 miLangford Budville3
£1,45009/242.08 miFitzhead, Taunton4
£1,25009/242.21 miHeathfiled Court TA42
£95009/242.41 miThomas Fox Road, Tonedale2
£1,15009/242.46 mi-3
£1,15010/242.46 mi-3

Local Area Statistics

Population in TA4

19,149

Population in Taunton

85,088

Town centre distance

6.81 miles away

Nearest school

0.20 miles away

Nearest train station

6.56 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £375,000

July 9, 2024

Floor Plans

Description

  • Charming Village House +
  • Separate one bedroom annexe +
  • Two reception rooms +
  • Fitted kitchen/breakfast rooms +
  • Three bedrooms, two bathrooms +
  • Many period features +
  • Enclosed rear gardens +
  • No onward chain +
  • Council tax band E +
  • Freehold +

A charming three story village house offering well proportioned accommodation with separate one bedroom annexe and enclosed rear gardens situated in the centre of Milverton. Council Tax band E, EPC rating F, Freehold

Situation - Sydenhams is situated in the centre of Milverton, a beautiful village in the Vale of Taunton Deane. Milverton is largely made up of Georgian properties and is surrounded by rolling countryside. The coast, the Quantock Hills and Exmoor are all within easy striking distance. The village has a thriving community with many local amenities, including a post office, village store, inn, church and a popular primary school. Wiveliscombe (3 miles) and Wellington (4 miles) offer a further range of shops and amenities. 8 miles from the property is the county town of Taunton, which has an excellent range of shopping, recreational facilities and schools, together with a main line railway link to London in under 2 hours. The M5 motorway is accessible via junctions for Wellington and Taunton.

Description - Sydenhams is a charming village house offering well proportioned and versatile living accommodation arranged over three floors and includes a one bedroom annexe. The house is in need of general modernisation and would make a beautiful home as it retains much of its original charm and character. The annexe has a living room, bedroom and bathroom and there is a courtyard with steps leading up an enclosed rear garden where there is a summer house with raised timber decking area offering wonderful views over the village

Accommodation - The main accommodation includes a cross passage hallway with access to the kitchen which is fitted with a range of matching wall and base units, a sink unit, space for oven, dishwasher and fridge with window to front, fireplace. There is a door through to a separate dining room with inglenook fireplace, window to rear and doorway returning to the hallway. A turning staircase from the hall leads to the first floor living room which has double aspect windows, stone fireplace with inset real flame effect gas fire, built in storage cupboards. There is a further bedroom, again with fireplace and window overlooking the rear garden and bathroom with fitted suite. On the second floor there are two further bedrooms and a fitted shower and wc.

The annexe is accessed via the rear courtyard and includes a sitting room with real flame effect gas fire, built in storage cupboard and Velux window with double doors opening out on to a terrace, a further bedroom and a fitted bathroom suite with bath, washbasin and wc.

Outside - The rear courtyard has steps leading up to the rear garden which is laid to lawn and includes deep planted herbaceous borders. At the back of the garden is raised timber decking area and access to a timber built summer house, a pergola which enjoys wonderful views across to the back of the house and the annexe

Services - Mains drainage, mains gas, mains electricity, mains water.

Directions - The property is situated in the centre of the village on the right hand side just after the village pub and public car park.

Agent Details

Stags, Taunton

01823 217460

Next Steps?

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