3 Bed Semi-Detached House, Refurb/BRRR, Langport, TA10 9PQ, £265,000

Bow Street, Langport, Somerset, TA10 9PQ - 6 months ago

Refurb/BRRR
~130 m²
+16 photos

ValuationFair Value

Sold Prices£155K - £557K
Sold Prices/m²£1.8K/m² - £4.3K/m²

 

 

Square Metres

~130.23 m²
Price/m²£2K/m²

Value Estimate

£270,300

 

 

End Value (After Refurb)

£362,208

Uplift in Value

+37%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£17,700

Refurb Costs

£53,212

Bridging Loan Interest

£6,956

Total Cash In

£145,869

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£362,208

Agent Fees (1%)

£3,622

Bridging Loan

£198,750

Bridging Loan Interest

£6,956

Flip Profit

£13,967

Local Sold Prices

32 sold prices from £155K to £557K, average is £277.5K. £1.8K/m² to £4.3K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£222.2K02/220.01 miFlowerdale, Bow Street, Langport, Somerset TA10 9PH3
£295K02/220.04 miBow Cottage, Bow Street, Langport, Somerset TA10 9PR3
£255K12/220.1 mi13, Whatley, Langport, Somerset TA10 9RA3
£220K09/210.1 mi9, Whatley, Langport, Somerset TA10 9RA3
£305K03/210.1 miLittle Close, Whatley, Langport, Somerset TA10 9RA3
£170K03/210.11 mi26, Moor Park, Langport, Somerset TA10 9PX3
£260K10/210.37 mi46, Eastover, Langport, Somerset TA10 9RY3
£180K03/210.37 mi40a, Eastover, Langport, Somerset TA10 9RY3
£320K07/230.38 miTalland, 2, Orchard Vale, Huish Episcopi, Langport, Somerset TA10 9QW3
£420K03/210.38 mi1, The Avenue, Langport, Somerset TA10 9SA3
£280K08/230.44 mi41, St Marys Park, Langport, Somerset TA10 9HL3
£330K10/220.45 mi43, St Marys Park, Langport, Somerset TA10 9HL3
£155K09/210.45 mi11, Eastover, Langport, Somerset TA10 9RX3
£310.9K10/210.46 mi23, St Marys Park, Langport, Somerset TA10 9HD3
£322.5K03/230.46 mi16, St Marys Park, Langport, Somerset TA10 9HD3
£225K01/210.46 mi12, St Marys Park, Langport, Somerset TA10 9HD3
£455K03/230.49 miFour Winds, Somerton Road, Langport, Somerset TA10 9SG3
£275K06/210.52 mi40, Garden City, Langport, Somerset TA10 9SU3
£246K04/210.56 mi18a, Garden City, Langport, Somerset TA10 9ST3
£315K03/230.57 miRowan Cottage, Newtown, Langport, Somerset TA10 9SE3
£305K11/200.57 miMorvue, Newtown, Langport, Somerset TA10 9SE3
£400K03/210.58 mi14, Meadow Close, Langport, Somerset TA10 9SH3
£200K11/200.6 mi4, Brookland Road, Langport, Somerset TA10 9SZ3
£231.5K11/210.63 mi2, Barrymore Close, Langport, Somerset TA10 9TB3
£199K03/210.63 mi7, Barrymore Close, Langport, Somerset TA10 9TB3
£199K03/210.63 mi7, Barrymore Close, Langport, Somerset TA10 9TB3
£295.8K07/220.63 mi4, Courtfield, Huish Episcopi, Langport, Somerset TA10 9QS3
£285K04/210.63 mi2, Newtown Park, Langport, Somerset TA10 9TF3
£249.9K03/230.66 mi1, Maple Road, Langport, Somerset TA10 9TQ3
£220K10/220.66 mi42, Brookland Road, Langport, Somerset TA10 9TA3
£557K03/210.99 miWagg House, Wagg Drove, Langport, Somerset TA10 9ER3
£395K10/221 miVictoria Cottage, Wagg Drove, Langport, Somerset TA10 9ER3

Local Rents

18 rents from £550/mo to £1.9K/mo, average is £653/mo.

RentDateDistanceAddressBeds 
£68004/250.08 mi-1
£57507/240.08 mi-1
£59509/240.09 mi-2
£64009/240.09 mi-2
£66012/240.09 mi-1
£58502/250.09 mi-1
£82509/240.19 miBow Street, Langport, TA101
£1,80009/240.6 miNewtown, Langport4
£75009/240.87 miBrookland Road, Langport1
£1,85009/240.91 miWearne, Nr Langport4
£62512/241.59 mi-1
£58007/241.59 mi-1
£64503/251.59 mi-1
£55009/241.63 miAbbey Close, Curry Rivel1
£62508/241.63 mi-1
£1,40008/241.65 mi-3
£1,89609/241.8 mi-3
£1,40003/251.94 mi-3

Local Area Statistics

Population in TA10

9,332

Town centre distance

0.80 miles away

Nearest school

0.30 miles away

Nearest train station

9.38 miles away

 

 

Rental growth (12m)

-16%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £265,000

October 9, 2024

Floor Plans

Description

  • Deceptively large three bedroom period property +
  • Situated in the heart of Langport +
  • Off street parking for 2-3 cars +
  • Generous garden +
  • Two bathrooms +

A deceptively large three bedroom period house in the heart of Langport with two bathrooms, a generous garden & off street parking.

Entering the property from Bow Street into the entrance hall and through into the well sized, front facing dining room with Sash style window, is laid to carpet and houses the half turning staircase to upstairs and all other rooms in the house. Adjacent to the dining room is one of the ground floor bedrooms. Bedroom one has a front facing aspect and Sash window. Behind the dining room to the rear of the property is the sitting room, a south facing room with double glazed windows and door leading to the rear garden and patio. The second of the ground floor bedrooms can be accessed from here, another rear aspect room with window to the rear.
The kitchen/breakfast room also at the rear has a range of both base and wall level units and space for utilities such as dishwasher and washing machine. A large window over the sink provides a lovely outlook down the garden. Also on the ground floor is a shower room with walk in electric shower, WC and wash hand basin. Upstairs houses the third and final bedroom with skylight and built in storage as well. A bathroom with a skylight which illuminates the room, WC and wash hand basin completes the accommodation upstairs. Overall the property consists of a generous floor space and could now do with some modernisation.

OUTSIDE
Externally the property boasts an unusual quality for Bow Street, off street parking with enough space for 2-3 cars. To the rear Norman Cottage hides a very generous, level garden which stretch's southwards towards the River Parrett, walled along one side and adorned with plenty of mature shrubs and hedges. A greenhouse and garden shed are also present in the garden.

Norman Cottage occupies a favourable spot at the heart of Langport’s town centre, which offers an excellent range of everyday amenities including shops, supermarket, schools, churches, post office and inns, doctors' and dentists' surgeries, library, veterinary surgery. Huish Episcopi Academy with its adjoining sixth form and sports centre with sporting facilities for all ages, is nearby at Huish Episcopi. There are main line rail links at Taunton, Yeovil and Castle Cary and the M5 motorway can be accessed at junction 25 (Taunton) and junction 24 (Bridgwater). Langport is surrounded by excellent walking and cycling country that is steeped in history. Nearby attractions include National Trust and English Heritage properties, beautiful gardens, conservation areas and RSPB and Wildlife Trust reserves.

Agent Details

Greenslade Taylor Hunt, Langport

01458 552269

Next Steps?

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