3 Bed Semi-Detached House, Refurb/BRRR, Taunton, TA1 3AR, £325,000

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Sold STC
Refurb/BRRR
ROI: 4%
~93 m²
+22 photos

ValuationOvervalued

Sold Prices£136K - £370K
Sold Prices/m²£1.6K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£219,503

 

 

End Value (After Refurb)

£281,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£37,820

Bridging Loan Interest

£8,531

Total Cash In

£144,051

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£281,000

Mortgage (After Refinance)

£210,750

Mortgage LTV

75%

Cash Left In

£144,051

Equity

£70,250

Rent Range

£1,150 - £2,950

Rent Estimate

£1,781

Running Costs/mo

£1,254

Cashflow/mo

£527

Cashflow/yr

£6,320

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £136K to £370K, average is £246K. £1.6K/m² to £4.4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£370K03/240.04 mi48, Holway Avenue, Taunton, Somerset TA1 3AR3
£260K03/230.04 mi46, Holway Avenue, Taunton, Somerset TA1 3AR3
£312K06/230.05 mi27, Holway Avenue, Taunton, Somerset TA1 3AP3
£305K11/230.07 mi124, South Street, Taunton, Somerset TA1 3AG3
£250K03/210.08 mi30, Holway Road, Taunton, Somerset TA1 2EY3
£282K07/210.12 mi23, Holway Road, Taunton, Somerset TA1 2EZ3
£230K06/210.13 mi82, Eastleigh Road, Taunton, Somerset TA1 2YD3
£265K02/230.13 mi72, Eastleigh Road, Taunton, Somerset TA1 2YD3
£230K03/210.14 mi29, Trinity Road, Taunton, Somerset TA1 3JJ3
£226K03/210.14 mi79, Trinity Road, Taunton, Somerset TA1 3JJ3
£275K12/230.14 mi83, Trinity Road, Taunton, Somerset TA1 3JJ3
£225K02/210.15 mi32, Westleigh Road, Taunton, Somerset TA1 2XY3
£325K12/230.15 mi32, Westleigh Road, Taunton, Somerset TA1 2XY3
£317.5K11/230.17 mi1, Trinity Street, Taunton, Somerset TA1 3JG3
£310K08/210.17 mi2, Holway Hill, Taunton, Somerset TA1 2HB3
£210K03/210.18 mi10, Eastleigh Road, Taunton, Somerset TA1 2YA3
£136K10/210.18 mi5, Eastleigh Gardens, Taunton, Somerset TA1 2AS3
£210K08/210.21 mi13, Church Street, Taunton, Somerset TA1 3JE3
£265K02/230.23 mi32, Queen Street, Taunton, Somerset TA1 3AX3
£208K09/230.23 mi9, Queen Street, Taunton, Somerset TA1 3AS3
£191.5K09/210.23 mi5, Milton Road, Taunton, Somerset TA1 2JE3
£215K02/230.23 mi55, Holway Road, Taunton, Somerset TA1 2HA3
£362.5K09/230.24 mi18, Holway Hill, Taunton, Somerset TA1 2HB3
£240K05/210.25 mi35, Alma Street, Taunton, Somerset TA1 3AJ3
£160K07/210.27 mi12, South Street, Taunton, Somerset TA1 3AA3
£270K02/230.27 mi67, Alma Street, Taunton, Somerset TA1 3AL3
£272K04/210.27 mi60, Alma Street, Taunton, Somerset TA1 3AL3
£247K08/210.28 mi13, Midford Road, Taunton, Somerset TA1 2JJ3
£365K06/230.28 mi6, Victoria Street, Taunton, Somerset TA1 3JA3
£190K11/210.3 mi46, Grays Road, Taunton, Somerset TA1 3BA3
£205K09/230.3 mi49, Grays Road, Taunton, Somerset TA1 3BA3
£247.5K10/230.31 mi25, Parmin Way, Taunton, Somerset TA1 2JU3
£231K08/230.31 mi12, Parmin Way, Taunton, Somerset TA1 2JU3
£180K01/210.33 mi8, Byron Road, Taunton, Somerset TA1 2JD3
£245K03/210.33 mi81, Parmin Way, Taunton, Somerset TA1 2JX3
£189K04/210.34 mi34, Wordsworth Drive, Taunton, Somerset TA1 2HW3
£162.9K05/210.35 mi44, Milton Road, Taunton, Somerset TA1 2JG3
£250K06/210.35 mi2a, Burns Road, Taunton, Somerset TA1 2HU3
£171K11/200.36 mi43, Eastbourne Road, Taunton, Somerset TA1 1SU3
£183K01/230.36 mi20, Eastbourne Road, Taunton, Somerset TA1 1ST3
£207.5K11/210.37 mi29, Mitre Court, Taunton, Somerset TA1 3ER3
£189.3K10/210.37 mi28, Mitre Court, Taunton, Somerset TA1 3ER3
£241K08/230.37 mi26, Mitre Court, Taunton, Somerset TA1 3ER3
£340K06/210.38 mi44, Dunkleys Way, Taunton, Somerset TA1 2LX3
£310K08/230.38 mi30, Dunkleys Way, Taunton, Somerset TA1 2LX3
£277.5K04/210.38 mi21, Dunkleys Way, Taunton, Somerset TA1 2LX3
£340K08/230.38 mi54, Dunkleys Way, Taunton, Somerset TA1 2LX3
£315K05/240.38 mi5, Dunkleys Way, Taunton, Somerset TA1 2LX3
£260K07/210.38 mi16, Bishop Fox Drive, Taunton, Somerset TA1 3HQ3
£230K03/210.39 mi9, Broughton Close, Taunton, Somerset TA1 2JS3

Local Rents

41 rents from £1.1K/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40008/240.22 mi-3
£1,40009/240.23 mi-3
£1,20009/240.33 miParmin Way, TA1 3
£2,70009/240.49 mi-3
£2,70012/240.49 mi-3
£2,70002/250.49 mi-3
£2,70003/250.49 mi-3
£1,40009/240.69 mi-3
£1,30011/240.7 mi-3
£1,25009/240.72 miAshbourne Crescent, Taunton3
£1,20009/240.73 miAshbourne Crescent, Taunton3
£1,32509/240.74 miPoplar Road, Taunton TA13
£2,95002/240.75 mi-3
£2,95009/240.75 mi-3
£2,95009/240.75 mi-3
£2,95009/240.75 mi-3
£2,95009/240.75 mi-3
£2,95007/240.75 mi-3
£2,95008/240.75 mi-3
£2,95002/250.75 mi-3
£2,95003/250.75 mi-3
£1,30009/240.75 miFirepool Crescent, Taunton3
£1,30009/240.75 miFirepool Crescent, Taunton3
£1,95012/240.79 mi-3
£1,35009/240.82 miThames Drive, Taunton3
£1,35009/240.83 miSheldon Court, Taunton3
£1,20009/240.86 miBilberry Grove, Taunton, TA13
£1,15009/240.87 miBeadon Road, TAUNTON3
£1,90011/240.94 mi-3
£1,70004/250.94 mi-3
£1,75009/240.96 miPikes Crescent, Taunton, TA13
£1,30009/240.98 miEaton Crescent, Taunton3
£1,40010/240.99 mi-3
£1,47504/250.99 mi-3
£1,25005/241.02 mi-3
£1,35009/241.11 miCreechberry Orchard, Taunton3
£1,25002/251.13 mi-3
£1,35009/241.16 miWoodstock Road3
£1,75009/241.23 miManor Orchard, Taunton, TA13
£1,50009/241.24 miTaunton, TA13
£1,25009/241.24 miRichmond Road, Taunton, TA13

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.38 miles away

Nearest school

0.20 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £325,000

September 24, 2024

Floor Plans

Description

  • Entrance hall +
  • Sitting room with bay window +
  • Dining room with doors to rear enclosed loggia +
  • Kitchen, utility cupboard and downstairs WC +
  • 3 bedrooms and shower room +
  • Gas central heating and double glazing +
  • Long rear garden of about 90' with patio, lawn and vegetable garden area +
  • Driveway parking with side access to timber garage +
  • Conveninent location close to town centre +
  • No onward chain +

A handsome 1930's semi-detached house, in need of modernisation, with long rear garden with southerly aspect, driveway parking and occupying a convenient location about 0.6 mile to the town centre

No onward chain

Agent Details

James Gray Estate Agents, Taunton

01823 589594

Next Steps?

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