3 Bed Bungalow, Refurb/BRRR, Taunton, TA3 6TN, £550,000
Hatch Green, Hatch Beauchamp, TA3 6TN - 1 views - 6 months ago
Sold STC
Refurb/BRRR
~93 m²





+14 photos
ValuationOvervalued
Sold Prices | £226K - £792.5K |
Sold Prices/m² | £2.3K/m² - £7.9K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £5.9K/m² |
Value Estimate | £337,289 |
| |
End Value (After Refurb) | £500,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £137,500 |
Stamp Duty & Legal Fees | £32,700 |
Refurb Costs | £37,820 |
Bridging Loan Interest | £14,438 |
Total Cash In | £224,208 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £500,000 |
Mortgage (After Refinance) | £375,000 |
Mortgage LTV | 75% |
Cash Left In | £224,208 |
Equity | £125,000 |
Rent Range | £1,800 - £1,800 |
Rent Estimate | £1,800 |
Running Costs/mo | £1,943 |
Cashflow/mo | £-142 |
Cashflow/yr | £-1,710 |
Gross Yield | 4% |
Local Sold Prices
22 sold prices from £226K to £792.5K, average is £361.2K. £2.3K/m² to £7.9K/m², average is £3.7K/m².
Local Rents
1 rents from £1.8K/mo to £1.8K/mo, average is £1.8K/mo.
Local Area Statistics
Population in TA3 | 14,212 |
Population in Taunton | 85,088 |
Town centre distance | 5.23 miles away |
Nearest school | 0.60 miles away |
Nearest train station | 5.77 miles away |
| |
Rental growth (12m) | -16% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +14% |
Property History
Listed for £550,000
October 30, 2024
Sold for £450,000
2022
Sold for £280,000
2007
Floor Plans
