3 Bed Bungalow, Planning Permission, Taunton, TA4 4LD, £450,000





ValuationOvervalued
Sold Prices | £185K - £440K |
Sold Prices/m² | £1.8K/m² - £3.9K/m² |
| |
Square Metres | 108.20 m² |
Price/m² | £4.2K/m² |
Value Estimate | £321,802 |
| |
End Value (After Refurb) | £350,500 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £112,500 |
Stamp Duty & Legal Fees | £24,700 |
Refurb Costs | £44,211 |
Bridging Loan Interest | £11,813 |
Total Cash In | £194,973 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £350,500 |
Mortgage (After Refinance) | £262,875 |
Mortgage LTV | 75% |
Cash Left In | £194,973 |
Equity | £87,625 |
Rent Range | £421 - £1,950 |
Rent Estimate | £914 |
Running Costs/mo | £1,298 |
Cashflow/mo | £-384 |
Cashflow/yr | £-4,609 |
Gross Yield | 2% |
Local Sold Prices
21 sold prices from £185K to £440K, average is £274.9K. £1.8K/m² to £3.9K/m², average is £3K/m².
Local Rents
20 rents from £421/mo to £1.9K/mo, average is £813/mo.
Local Area Statistics
Population in TA4 | 19,149 |
Population in Taunton | 85,088 |
Town centre distance | 13.03 miles away |
Nearest school | 1.30 miles away |
Nearest train station | 12.48 miles away |
| |
Rental growth (12m) | -1% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +13% |
Property History
Price changed to £450,000
December 18, 2024
Price changed to £425,000
December 4, 2024
Listed for £450,000
August 19, 2024
Sold for £235,000
2011
Floor Plans
