5 Bed Detached House, Refurb/BRRR, Taunton, TA3 5SJ, £800,000

Staple Fitzpaine, Taunton, Somerset, TA3 5SJ - 8 months ago

Refurb/BRRR
~250 m²
+17 photos

ValuationOvervalued

Sold Prices£290K - £590K
Sold Prices/m²£2.1K/m² - £3.3K/m²

 

 

Square Metres

~250 m²
Price/m²£3.2K/m²

Value Estimate

£680,804

 

 

End Value (After Refurb)

£839,468

Uplift in Value

+5%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£200,000

Stamp Duty & Legal Fees

£68,700

Refurb Costs

£101,667

Bridging Loan Interest

£21,000

Total Cash In

£393,117

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£839,468

Mortgage (After Refinance)

£629,601

Mortgage LTV

75%

Cash Released

£29,601

Cash Left In

£363,516

Equity

£209,867

Rent Range

No enough data locally

Rent Estimate

~£780

Running Costs/mo

£2,799

Cashflow/mo

£-2,019

Cashflow/yr

£-24,232

Gross Yield

1%

Local Sold Prices

6 sold prices from £290K to £590K, average is £480K. £2.1K/m² to £3.3K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£480K10/232.46 miThe Stables, Capland Court, Capland, Hatch Beauchamp, Taunton, Somerset TA3 6TP4
£590K11/222.66 miHillcrest, Windmill Hill, Ashill, Ilminster, Somerset TA19 9NX4
£495K08/232.79 miAshlea, Windmill Hill, Ashill, Ilminster, Somerset TA19 9NT4
£480K12/202.79 miStaddles, Windmill Hill, Ashill, Ilminster, Somerset TA19 9NT4
£290K11/202.82 mi25, Station Road, Hatch Beauchamp, Taunton, Somerset TA3 6SQ4
£420K01/212.87 miAshlea, Windmill Hill, Ashill, Ilminster, Somerset TA19 9NT4

Local Rents

Not enough data

Local Area Statistics

Population in TA3

14,212

Population in Taunton

85,088

Town centre distance

4.86 miles away

Nearest school

2.10 miles away

Nearest train station

5.48 miles away

 

 

Rental growth (12m)

-16%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £800,000

August 20, 2024

Floor Plans

Description

  • A beautiful Grade II Listed period property +
  • Boasting a wealth of character features +
  • Large private gardens, arboretum and paddock. +
  • Stone built garage +
  • In all about 3.41 acres. +
  • No onward chain +

A beautiful Grade II Listed period property boasting a wealth of character, together with large private gardens, arboretum and paddock. In all about 3.41 acres.

This charming period property is believed to date back 1611 and is of Blackdown flint elevations under a pitched tiled roof which was probably thatched originally. The accommodation boasts all the character features you would expect from the period with pretty dormer windows, flagstone flooring, exposed timber beams and impressive inglenook fireplaces to name but a few. The downstairs comprises an entrance porch which leads to a cross passage hallway with flagstone flooring and exposed timber beams. To the side is a kitchen/breakfast room with a range of fitted units, Rayburn and walk-in pantry. The dining room has a beautiful plank and muntin screen, along with an inglenook fireplace with log burning stove with heavy beam over and bread oven. Immediately adjoining is the living room which enjoys a dual aspect, open fireplace and hardwood flooring. Upstairs are five bedrooms, four of which are double with the master en-suite with dressing room and separate family bathroom. The property, although well maintained, is now somewhat dated and now benefits from some modernisation internally.

The property is approached over a hardened driveway which leads to a car parking and turning area which also gives access to a stone built garage. The gardens immediately to the right are predominantly lawned with well established borders and a magnificent wisteria covers the front of the house with ornamental box hedging. A stream forms the western boundary, teaming with aquatic wildlife, flora an fauna and beyond is a mature arboretum containing a number of mature specimen trees. A hedge divides a small paddock which has separate road access is planted to a number of fruit trees and has clusters of woodland with regular sightings of deer, foxes and other native wildlife. In total the property extends to approximately 3.41 acres and to fully appreciate the position and charm a viewing is highly recommended.

Agent Details

Greenslade Taylor Hunt, Taunton

01823 211774

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪