2 Bed Flat, Single Let, Taunton, TA2 6DA, £169,000

2, Mill House Road, Norton Fitzwarren, Taunton, TA2 6DA - 6 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~54 m²
+17 photos

ValuationOvervalued

Sold Prices£60K - £219.9K
Sold Prices/m²£1.1K/m² - £6.8K/m²

 

 

Square Metres

~53.61 m²
Price/m²£3.2K/m²

Value Estimate

£121,689

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,250

Stamp Duty & Legal Fees

£9,650

Total Cash In

£51,900

 

 

Cash Out

 

Rent Range

£900 - £1,200

Rent Estimate

£925

Running Costs/mo

£733

Cashflow/mo

£192

Cashflow/yr

£2,303

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £60K to £219.9K, average is £138K. £1.1K/m² to £6.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£130K02/210.16 mi52, Mill House Road, Norton Fitzwarren, Taunton, Somerset TA2 6DA2
£128K11/210.16 mi51, Mill House Road, Norton Fitzwarren, Taunton, Somerset TA2 6DA2
£150.3K08/220.18 mi71, Morse Road, Norton Fitzwarren, Taunton, Somerset TA2 6BS2
£121.5K05/210.18 mi73, Morse Road, Norton Fitzwarren, Taunton, Somerset TA2 6BS2
£126K06/210.18 mi72, Morse Road, Norton Fitzwarren, Taunton, Somerset TA2 6BS2
£155K02/230.25 mi53, Yarlington Close, Norton Fitzwarren, Taunton, Somerset TA2 6RR2
£138K03/210.6 mi2, Parsonage Court, Bishops Hull, Taunton, Somerset TA1 5HR2
£105K02/240.62 mi18, Parsonage Court, Bishops Hull, Taunton, Somerset TA1 5HR2
£125K10/200.63 mi24, Farrant Close, Bishops Hull, Taunton, Somerset TA1 5EL2
£132K11/230.67 mi73, Darwin Close, Taunton, Somerset TA2 6TR2
£156K06/230.77 mi11, Haydon Close, Bishops Hull, Taunton, Somerset TA1 5HF2
£150K03/230.77 mi8, Haydon Close, Bishops Hull, Taunton, Somerset TA1 5HF2
£120K11/200.93 mi7a, Smithy, Bishops Hull, Taunton, Somerset TA1 5DT2
£148K06/231.06 miFlat 19, Monmouth Court, Bindon Road, Taunton, Somerset TA2 6AX2
£110K02/211.06 miFlat 1, Monmouth Court, Bindon Road, Taunton, Somerset TA2 6AX2
£152K08/231.2 mi66c, Deane Drive, Taunton, Somerset TA1 5PR2
£173K12/231.28 miFlat 6, Chamberlain House, Richmond Road, Taunton, Somerset TA1 1EP2
£167K08/231.31 mi181a, Greenway Road, Taunton, Somerset TA2 6LQ2
£215.9K01/231.48 miFlat 10, Elm Park, Elm Grove, Taunton, Somerset TA1 1EH2
£176K05/231.53 miFlat 28, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£175K06/231.53 miFlat 7, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£175K10/231.53 miFlat 3, Essex Court, Essex Drive, Taunton, Somerset TA1 4JZ2
£125K12/201.55 mi23, Northfield Gardens, Taunton, Somerset TA1 1XN2
£155K10/211.56 miFlat 2, Wiltshire Court, Wiltshire Close, Taunton, Somerset TA1 4JS2
£60K11/201.56 mi2, Northfield Gardens, Taunton, Somerset TA1 1XN2
£124.6K06/211.59 mi17, Northfield Gardens, Taunton, Somerset TA1 1XN2
£160K05/211.59 miFlat 4, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£180K10/201.59 miFlat 8, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£138K04/211.61 mi1, Rupert Street, Taunton, Somerset TA2 6JT2
£138K04/211.61 mi1, Rupert Street, Taunton, Somerset TA2 6JT2
£128.5K06/211.61 mi3, Rupert Street, Taunton, Somerset TA2 6JT2
£155K03/231.62 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£140K10/201.62 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£137K09/211.63 miFlat 44, Seville Court, Burchs Close, Taunton, Somerset TA1 4TR2
£133K09/211.66 mi38, Gladstone Street, Taunton, Somerset TA2 6LY2
£156.6K01/231.66 mi39, Gladstone Street, Taunton, Somerset TA2 6LY2
£110K10/201.66 mi45, Gladstone Street, Taunton, Somerset TA2 6LY2
£125K09/211.66 mi50, Gladstone Street, Taunton, Somerset TA2 6LY2
£125K09/221.68 mi35b, Greenway Road, Taunton, Somerset TA2 6LA2
£136K09/231.68 miGround Floor Flat, 43, William Street, Taunton, Somerset TA2 6HG2
£120K10/201.68 miGround Floor Flat, 43, William Street, Taunton, Somerset TA2 6HG2
£130K03/211.7 miFlat 6, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£122K12/201.7 miFlat 8, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£105K06/211.7 mi11c, Park Street, Taunton, Somerset TA1 4DF2
£130K06/211.7 miFlat 4, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£193K01/231.7 miFlat 9, Haseley Court, Ferndown Close, Taunton, Somerset TA1 4TL2
£180K02/241.7 miHaseley Court, Flat 11, Ferndown Close, Taunton, Somerset TA1 4TL2
£180K07/231.71 miFlat 4, Blythe Court, Ferndown Close, Taunton, Somerset TA1 4TJ2
£182K01/231.71 miFlat 9, Blythe Court, Ferndown Close, Taunton, Somerset TA1 4TJ2
£219.9K03/231.72 miFlat 22, Compass Court, Compass Rise, Taunton, Somerset TA1 4PP2

Local Rents

12 rents from £900/mo to £1.2K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,10001/240.09 mi-2
£1,10009/240.1 miMorse Road, Norton Fitzwarren, Taunton2
£95001/240.14 mi-2
£95012/230.14 mi-2
£90009/240.27 miMarshall Court, Norton Fitzwarren, Somerset2
£1,20009/240.29 miApple Tree Close, Norton Fitzwarren, TAUNTON2
£92509/240.3 mi-2
£92509/240.3 mi-2
£92507/240.3 mi-2
£1,10003/250.41 mi-2
£99002/240.43 mi-2
£95002/240.62 mi-2

Local Area Statistics

Population in TA2

26,588

Population in Taunton

85,088

Town centre distance

2.13 miles away

Nearest school

0.30 miles away

Nearest train station

1.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £169,000

September 20, 2024

Floor Plans

Description

  • An immaculately presented two bedroom ground floor ex-show apartment +
  • No onward chain +
  • Allocated parking space +
  • Two good sized bedrooms +
  • Lovely living/dining room +
  • Fitted kitchen with intergated appliances +
  • Three piece modern bathroom +
  • Secure door entry system +
  • Close to local amenities +
  • Highly recommended +

This spacious and immaculately presented two-bedroom ground floor ex-show home apartment is situated in Mill House Road on the outskirts of Norton Fitzwarren. With no onward chain, this property is ideal for first-time buyers, investors, or those looking to downsize to a low-maintenance, comfortable home. It is worth noting that the vendor is willing to sell the property fully furnished for a small additional charge. Please ask for further details.

The property is entered through a communal hallway with a secure door entry system and briefly comprises an entrance hall with built-in storage cupboard, fitted kitchen with integrated appliances, living/dining room with a southerly aspect, two generously sized bedrooms and a three piece bathroom. To the rear of the block is an allocated parking space.

The property is ideally positioned for easy access to a range of convenience stores in the heart of the village, as well as access for a regular bus service through to the county town of Taunton, noted for it's wide variety of shops, bars and restaurants, mainline railway station and access to the M5 Motorway.

TOTAL FLOOR AREA
58 Sq.m.

TENURE
Leasehold - 155 year from 1st April 2015. Service charge £1,126 per annum. Ground rent £175 per annum.

COUNCIL TAX
Somerset Council Tax Band B. Charges payable for 2024/25 - £1,662.92.

SERVICES
Main services of gas, electricity, water and drainage are connected.
Broadband/Mobile phone coverage- The options of standard and superfast broadband withspeeds upto 136mbps are available. For an indication of broadbandspeeds as wellas mobile phone signal and coverage available please refer to the 'Ofcomchecker' website.

Agent Details

Ware & Co, Taunton

01823 589527

Next Steps?

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