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

8 Croft Meadow, Taunton, Somerset, TA4 4LD - 1 views - 8 months ago

Planning
108 m²
+22 photos

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.

PriceDateDistanceAddressBeds 
£440K10/200.5 mi72, Tower Hill, Williton, Taunton, Somerset TA4 4JR3
£405K08/210.66 mi48, Tower Hill, Williton, Taunton, Somerset TA4 4NU3
£356K02/210.66 mi28, Tower Hill, Williton, Taunton, Somerset TA4 4NU3
£395K01/210.66 mi21, Tower Hill, Williton, Taunton, Somerset TA4 4NU3
£285K09/210.75 mi40, Half Acre, Williton, Taunton, Somerset TA4 4NZ3
£201K02/210.75 mi40, Half Acre, Williton, Taunton, Somerset TA4 4NZ3
£345K11/200.77 mi8, Tower Hill, Williton, Taunton, Somerset TA4 4NT3
£263.5K02/210.79 mi6, Rylands Close, Williton, Taunton, Somerset TA4 4PE3
£315K06/210.8 mi16, Catwell, Williton, Taunton, Somerset TA4 4PF3
£265K03/210.82 mi9, Bridge Close, Williton, Taunton, Somerset TA4 4PJ3
£310K09/210.82 mi14, Bridge Close, Williton, Taunton, Somerset TA4 4PJ3
£230K01/210.84 mi2, Half Acre, Williton, Taunton, Somerset TA4 4NX3
£218K05/240.87 mi17a, High Street, Williton, Taunton, Somerset TA4 4NW3
£375K04/240.87 mi26, Brook Road, Williton, Taunton, Somerset TA4 4TE3
£274.9K02/210.87 mi23, Brook Road, Williton, Taunton, Somerset TA4 4TE3
£345K06/230.87 mi12, Brook Road, Williton, Taunton, Somerset TA4 4TE3
£215K09/230.94 mi66, Long Street, Williton, Taunton, Somerset TA4 4QY3
£215K04/210.94 mi84, Long Street, Williton, Taunton, Somerset TA4 4QY3
£185K04/210.95 mi8, Station Road, Williton, Taunton, Somerset TA4 4RQ3
£195K11/200.98 mi2, Limes Close, Williton, Taunton, Somerset TA4 4SU3
£195K11/200.98 mi2, Limes Close, Williton, Taunton, Somerset TA4 4SU3

Local Rents

20 rents from £421/mo to £1.9K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£99503/230.82 mi-3
£85003/230.82 mi-2
£80007/240.82 mi-3
£80004/240.89 mi-2
£75009/240.98 mi-2
£75009/240.98 mi-2
£70009/240.98 mi-2
£80003/250.98 mi-2
£72506/230.98 mi-2
£90010/230.98 mi-3
£82509/240.99 miFore Street, Williton3
£1,10010/231.03 mi-3
£1,00006/231.14 mi-3
£42109/241.87 mi-1
£75003/241.92 mi-2
£1,25011/241.92 mi-3
£99511/241.94 mi-2
£1,95009/242.07 miBrendon Road, Watchet5
£92509/242.25 miStogumber, Taunton3
£58509/242.33 miAnchor Street, Watchet1

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

Description

  • WELL MAINTAINED DETACHED BUNGALOW +
  • 3 BEDROOMS (1 ENSUITE) +
  • LARGE MATURE GARDENS +
  • OFF ROAD PARKING FOR 2 CARS +
  • VIEWS TOWARDS THE QUANTOCK HILLS +
  • LARGE LOFT WITH CONVERSION POTENTIAL +

Well maintained detached bungalow offering 3 bedrooms (1 ensuite) and 2 reception rooms, set within a large mature garden with workshop and off road parking and situated in the popular village of Sampford Brett with lovely views towards the Quantocks.

Benefitting from double glazing and night storage heaters, the accommodation comprises, in brief, porch, entrance hall, sitting/dining room, kitchen, conservatory, main bedroom with ensuite shower room and 2 further bedrooms serviced by a family bathroom. There is also a large, fully floored out loft with considerable scope for conversion subject to planning permission.

Externally a tarmac driveway provides parking for 2 cars. The garden surrounds the house and is mainly laid to lawn with a huge variety of mature shrubs, trees and borders. To the rear there is a large patio overlooking the garden, perfect for alfresco dining. The workshop has light, power and a sink and also houses the washing machine and tumble dryer as well as offering space for an additional fridge. To the side of the bungalow there is a timber garden shed and 2 wood stores.

Sampford Brett is a highly attractive village situated in the vale between the Quantock Hills and the Brendon Hills / Exmoor National Park. The area is rightly famed for the opportunities it provides for ramblers and country sports. The village has a church and an active community centre and a wide range of facilities are available at the large village of Williton, only a mile away. This includes food stores, butchers, bakery, medical centre and pharmacy, restaurants and pubs. Taunton, the County town, is 15 miles and provides access to the national motorway network and fast trains to London (from 1 hour 40 minutes). The historic West Somerset Steam Railway runs near the village and can be accessed at Williton.

Agent Details

Red Deer Country, Williton

01984 600350

Next Steps?

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