3 Bed Detached House, Refurb/BRRR, Taunton, TA3 7PB, £750,000

Trull, Taunton, TA3 7PB - 7 views - 7 months ago

Sold STC
Refurb/BRRR
~93 m²
+17 photos

ValuationOvervalued

Sold Prices£175K - £620K
Sold Prices/m²£2.3K/m² - £6.5K/m²

 

 

Square Metres

~93 m²
Price/m²£8.1K/m²

Value Estimate

£299,186

 

 

End Value (After Refurb)

£645,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£48,700

Refurb Costs

£37,820

Bridging Loan Interest

£19,688

Total Cash In

£295,458

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£645,000

Mortgage (After Refinance)

£483,750

Mortgage LTV

75%

Cash Left In

£295,458

Equity

£161,250

Rent Range

£525 - £2,999

Rent Estimate

£1,203

Running Costs/mo

£2,276

Cashflow/mo

£-1,073

Cashflow/yr

£-12,879

Gross Yield

2%

Local Sold Prices

50 sold prices from £175K to £620K, average is £281.3K. £2.3K/m² to £6.5K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£415K10/230.58 miWhitegates, Staplehay, Trull, Taunton, Somerset TA3 7HF3
£330K03/210.58 miLittle Garth, Spearcey Lane, Trull, Taunton, Somerset TA3 7HJ3
£620K01/230.6 mi5, Patricks Way, Trull, Taunton, Somerset TA3 7HQ3
£270K01/210.65 mi16, Park Close, Trull, Taunton, Somerset TA3 7HL3
£285K04/230.65 mi8, Park Close, Trull, Taunton, Somerset TA3 7HL3
£425K01/240.73 mi18, Wyatts Field, Trull, Taunton, Somerset TA3 7ET3
£410K09/230.73 mi16, Wyatts Field, Trull, Taunton, Somerset TA3 7ET3
£370K03/210.84 mi9, Orchard Close, Trull, Taunton, Somerset TA3 7JN3
£450K03/230.84 mi7, Orchard Close, Trull, Taunton, Somerset TA3 7JN3
£343K12/200.86 mi10, Church Road, Trull, Taunton, Somerset TA3 7LG3
£265K12/200.87 mi3, Glencoe Terrace, Trull, Taunton, Somerset TA3 7JY3
£360K11/220.89 mi28, Church Road, Trull, Taunton, Somerset TA3 7LG3
£365K12/230.89 miKnowle Cottage, Comeytrowe Road, Trull, Taunton, Somerset TA3 7NF3
£210K07/210.89 mi7, Fairview Terrace, Trull, Taunton, Somerset TA3 7JU3
£305K09/230.89 mi7, Fairview Terrace, Trull, Taunton, Somerset TA3 7JU3
£434K09/220.9 mi7, Mill Lane, Trull, Taunton, Somerset TA3 7LA3
£440K11/220.95 mi2, New Road, Trull, Taunton, Somerset TA3 7NJ3
£220K11/230.99 mi15, Eastbrook Terrace, Trull, Taunton, Somerset TA3 7LJ3
£195K05/231.1 mi25, Bradford Close, Taunton, Somerset TA1 4YH3
£275K02/231.13 mi6, Fivash Close, Taunton, Somerset TA1 4YF3
£224K12/201.13 mi8, Fivash Close, Taunton, Somerset TA1 4YF3
£245K01/231.13 mi29, Fivash Close, Taunton, Somerset TA1 4YF3
£175K11/201.13 mi23, Fivash Close, Taunton, Somerset TA1 4YF3
£205K10/201.13 mi24, Newbarn Park Road, Taunton, Somerset TA1 4NA3
£270K03/231.13 mi6, Newbarn Park Road, Taunton, Somerset TA1 4NA3
£258K01/241.18 mi18, Wesley Close, Taunton, Somerset TA1 4YA3
£294K10/211.18 mi9, Buces Road, Taunton, Somerset TA1 4NG3
£344K02/211.21 mi1, Lipe Hill Cottages, West Buckland, Wellington, Somerset TA21 9LU3
£290K05/231.22 mi39, Newbarn Park Road, Taunton, Somerset TA1 4NF3
£277.5K11/231.22 mi64, Newbarn Park Road, Taunton, Somerset TA1 4NF3
£240K02/211.22 mi18, Pinney Close, Taunton, Somerset TA1 4NW3
£240K10/231.22 mi14, Pinney Close, Taunton, Somerset TA1 4NW3
£265K02/231.23 mi8, Pinney Close, Taunton, Somerset TA1 4NW3
£350K07/211.23 mi65, Claremont Drive, Taunton, Somerset TA1 4JH3
£240K03/211.24 mi40, Denning Close, Taunton, Somerset TA1 4NN3
£320K02/231.26 mi34, Gill Crescent, Taunton, Somerset TA1 4NR3
£235K03/211.26 mi32, Gill Crescent, Taunton, Somerset TA1 4NR3
£206K05/211.26 mi9, Bartlett Close, Taunton, Somerset TA1 4NZ3
£250K08/211.28 mi59, Gill Crescent, Taunton, Somerset TA1 4NS3
£219K03/211.28 mi45, Gill Crescent, Taunton, Somerset TA1 4NS3
£290K01/241.28 mi53, Claremont Drive, Taunton, Somerset TA1 4JQ3
£265K11/221.29 mi3, Comeytrowe Road, Taunton, Somerset TA4 1EG3
£340K10/201.31 mi20, Norwich Close, Taunton, Somerset TA1 4LH3
£252.5K03/211.32 mi137, Queensway, Taunton, Somerset TA1 5QT3
£238.5K10/201.33 mi39, Scafell Close, Taunton, Somerset TA1 4LG3
£222K11/201.34 mi14, Suffolk Crescent, Taunton, Somerset TA1 4JN3
£351.5K03/211.35 mi2, Lodge Cottages, Sellicks Green, Taunton, Somerset TA3 7SB3
£349.9K01/241.37 mi1, Langham Drive, Taunton, Somerset TA1 4LJ3
£320K07/231.37 mi1, Alston Close, Taunton, Somerset TA1 4LR3
£295K01/211.37 mi2, Alston Close, Taunton, Somerset TA1 4LR3

Local Rents

50 rents from £525/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,95009/240.25 miTrull, Taunton, TA34
£1,05009/240.85 miSouth View Terrace, Trull, TAUNTON2
£1,35009/241.12 miBradford Close, Taunton, Somerset, TA13
£1,30006/241.18 mi-3
£2,00009/241.21 miNear Trull, Taunton2
£1,30009/241.28 mi-3
£1,05009/241.32 miGalmington2
£1,17508/241.34 mi-2
£1,20001/251.34 mi-2
£2,10006/231.41 mi-4
£1,10009/241.41 miWest View, Blagdon Hill, Taunton, TA33
£2,99909/241.46 miStonegallows, Taunton, Somerset, TA15
£1,70003/251.52 mi-4
£1,25005/241.6 mi-3
£1,40010/241.61 mi-3
£1,47504/251.61 mi-3
£95002/251.63 mi-2
£1,75009/241.64 miPikes Crescent, Taunton, TA13
£85009/241.71 miTrull Road, TAUNTON2
£75002/241.72 mi-2
£1,20003/251.74 mi-2
£1,10006/241.8 mi-2
£1,90012/241.86 mi-3
£1,75009/241.86 miManor Orchard, Taunton, TA13
£95011/241.9 mi-1
£1,25011/241.93 mi-2
£1,40009/241.98 miMill Lane, Corfe, Taunton3
£1,95001/251.99 mi-3
£95001/252 mi-2
£1,50009/242.02 miTaunton, TA13
£1,07509/242.02 miHilary Road, TAUNTON2
£85009/242.06 miMountway Road 1
£99509/242.1 miHamwood, Taunton2
£1,40009/242.1 mi-3
£1,30009/242.11 miBishops Hull Hill, Bishops Hull, Taunton2
£1,20009/242.12 miWestgate Street, Taunton, 2
£67509/242.12 miThe Point, Compass Hill, Taunton1
£70009/242.15 miUpper High Street, Taunton1
£75009/242.16 miFalcon Court, Heron Drive, Bishops Hull, Taunton, Somerset 1
£65009/242.16 miUpper High Street, Taunton1
£90009/242.16 miDovetail Court,park Street,taunton2
£52509/242.18 mi26k Park Street, Taunton, Somerset1
£1,05009/242.18 mi-2
£1,00001/252.18 mi-2
£78011/242.19 mi-1
£75009/242.19 mi-1
£1,35009/242.2 miBradford On Tone2
£75009/242.26 miHigh Street, TAUNTON1
£1,20009/242.27 miBilberry Grove, Taunton, TA13
£65009/242.28 miHarriet Foster House, Taunton Town Centre, TA11

Local Area Statistics

Population in TA3

14,212

Population in Taunton

85,088

Town centre distance

2.52 miles away

Nearest school

0.80 miles away

Nearest train station

2.88 miles away

 

 

Rental growth (12m)

-16%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £750,000

September 25, 2024

Floor Plans

Description

  • Detached period house +
  • Two reception rooms +
  • Kitchen and utility +
  • Conservatory +
  • Three bedrooms and bathroom +
  • Double garage/workshop +
  • Gardens and grounds approximately 1 acre +
  • Council Tax band F +
  • Freehold +

A detached period house in need of refurbishment/renovation subject to planning, set in grounds of approximately one acre and situated in one of Taunton's most favoured locations. Council Tax band F, EPC rating D, freehold.

Description - Available for the first time in 54 years, Sweethay Cottage is a detached period cottage in need of refurbishment or renovation situated in grounds approaching an acre with wonderful views of the surrounding countryside.

Location - The village of Trull has a highly respected primary school, village inn, church, memorial hall, village stores / post office and newly built community hall. The village is just a mile and a half from the centre of Taunton, with its excellent shopping centre with many of the well-known high street names, good range of state and independent schools, including Taunton School, King’s and Queen’s Colleges and the Richard Huish Sixth Form College and an ‘out of town’ complex which includes a cinema, many home improvement stores and supermarket. Taunton is also the home of the Somerset County Cricket Ground and has a number of popular golf courses, including Pickeridge set beyond Corfe Village.

Accommodation - The accommodation includes an entrance hall with turning staircase to first floor, door to storage cupboard and doors to the reception rooms. The sitting room centres upon a stone built fireplace with recess for wood burning stove, dual aspect windows, steps lead up to the rear conservatory which has double doors out to the rear garden. The dining room has an old range set withing a fireplace recess and two front aspect windows. To the back of the house is the kitchen which is fitted with a range of wall and base units with space for a range cooker and plumbing for a washing machine, single drainer sink unit, window to rear garden and door to rear porch.

On the first floor are three good sized double bedrooms and a fitted bathroom suite.

Outside - The house is approached via a sweeping driveway which leads up to a turning circle. The gardens are a distinct feature of the property and extend to approximately one acre with areas of lawn and orchard. To the front of the house there is an area of garden which is elevated from the road and enjoys views over the fields beyond. There is a detached double garage/workshop with up and over doors.

Services - Mains water, electricity. Private drainage. LPG Gas bottles for cooking. Oil fired central heating. Solar panels on the garage with feed in tariff averaging 2,255 units per annum according to the vendor. Please note the agents have not inspected or tested the services.

Directions - On entering Trull, turn right onto Dipford Road and follow the road around to the left, follow the road over the bridge and continue where Sweethay Cottage can be found on the right hand side by the green triangle identified by the Stags For Sale board.

Agent Details

Stags, Taunton

01823 217460

Next Steps?

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