2 Bed Flat, Single Let, Taunton, TA1 3BG, £129,950

TRINITY GATE South Street, Taunton, Somerset, TA1 3BG - 1 views - 5 months ago

Sold STC

Leasehold

BTL

ROI: 7%

52 m²

+2 photos

ValuationFair Value

Sold Prices	£90K - £295K
Sold Prices/m²	£1.6K/m² - £6.8K/m²

Square Metres	52.12 m²
Price/m²	£2.5K/m²
Value Estimate	£128,439£128,439

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£32,488£32,488
Stamp Duty & Legal Fees	£5,250£5,250
Total Cash In	£37,738£37,738

Cash Out
Rent Range	£850 - £2,700£850 - £2,700
Rent Estimate	£850
Running Costs/mo	£596£596
Cashflow/mo	£254£254
Cashflow/yr	£3,047£3,047
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

51 sold prices from £90K to £295K, average is £143K. £1.6K/m² to £6.8K/m², average is £2.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£143K	10/23	0 mi	Flat 8, Trinity Gate, Queen Street, Taunton, Somerset TA1 3DS	-	-	2	Flat
£155K	02/21	0.14 mi	33, Trinity Road, Taunton, Somerset TA1 3JJ	£1,962	79	2	Flat
£295K	11/21	0.21 mi	Flat 7, Annecy Court, St Josephs Field, Taunton, Somerset TA1 3TE	-	-	2	Flat
£250K	02/21	0.22 mi	Flat 5, Annecy Court, St Josephs Field, Taunton, Somerset TA1 3TE	-	-	2	Flat
£202.5K	03/24	0.22 mi	Annecy Court, Flat 9, St Josephs Field, Taunton, Somerset TA1 3TE	£2,025	100	2	Flat
£138K	03/23	0.22 mi	5, Eastgate Gardens, Taunton, Somerset TA1 1RD	£2,464	56	2	Flat
£130K	10/21	0.23 mi	39, Eastgate Gardens, Taunton, Somerset TA1 1RD	-	-	2	Flat
£150K	04/23	0.23 mi	38, Eastgate Gardens, Taunton, Somerset TA1 1RD	£2,419	62	2	Flat
£160K	12/23	0.23 mi	44, Eastgate Gardens, Taunton, Somerset TA1 1RD	-	-	2	Flat
£160K	12/23	0.23 mi	44, Eastgate Gardens, Taunton, Somerset TA1 1RD	-	-	2	Flat
£112.5K	11/20	0.24 mi	10, Eastgate Gardens, Taunton, Somerset TA1 1RD	£1,815	62	2	Flat
£148K	03/21	0.27 mi	42b, Laburnum Street, Taunton, Somerset TA1 1LB	-	-	2	Flat
£150K	09/23	0.36 mi	9, The Octagon, Taunton, Somerset TA1 1RT	£2,586	58	2	Flat
£165K	01/23	0.37 mi	2, The Octagon, Taunton, Somerset TA1 1RT	£3,056	54	2	Flat
£115K	01/21	0.42 mi	37, Winters Field, Taunton, Somerset TA1 1PY	£1,885	61	2	Flat
£120K	07/21	0.49 mi	Flat 6, Vivary Gate, Upper High Street, Taunton, Somerset TA1 3PX	-	-	2	Flat
£160K	05/23	0.49 mi	Flat 12, Vivary Gate, Upper High Street, Taunton, Somerset TA1 3PX	-	-	2	Flat
£211K	11/23	0.5 mi	52, Geoffrey Farrant Walk, Taunton, Somerset TA1 1PU	£2,638	80	2	Flat
£130K	12/21	0.53 mi	3a, Hamilton Court, Taunton, Somerset TA1 2PA	£2,167	60	2	Flat
£125K	02/23	0.53 mi	3b, Hamilton Court, Taunton, Somerset TA1 2PA	£2,119	59	2	Flat
£155K	02/23	0.54 mi	2b, Hamilton Court, Taunton, Somerset TA1 2PA	£2,253	69	2	Flat
£138K	09/23	0.54 mi	Flat 42, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX	-	-	2	Flat
£122.5K	09/23	0.54 mi	Flat 27, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX	-	-	2	Flat
£122.5K	08/21	0.55 mi	Flat 2, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX	-	-	2	Flat
£172.5K	08/23	0.56 mi	50, Firepool Crescent, Taunton, Somerset TA1 1AT	£2,738	63	2	Flat
£185K	12/23	0.57 mi	29, Firepool View, Taunton, Somerset TA1 1NY	£2,681	69	2	Flat
£100K	01/23	0.59 mi	Flat 1, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ	£2,160	46	2	Flat
£159K	11/20	0.59 mi	36, Firepool View, Taunton, Somerset TA1 1PS	£2,304	69	2	Flat
£179K	02/21	0.59 mi	28, Firepool View, Taunton, Somerset TA1 1PS	£2,594	69	2	Flat
£105K	08/23	0.59 mi	Flat 8, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ	-	-	2	Flat
£90K	12/23	0.59 mi	Flat 13, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ	-	-	2	Flat
£172K	07/21	0.59 mi	4, Firepool View, Taunton, Somerset TA1 1PS	£2,730	63	2	Flat
£187K	01/23	0.6 mi	16, Firepool View, Taunton, Somerset TA1 1PS	£3,224	58	2	Flat
£165K	01/23	0.61 mi	35, Cunningham Court, Taunton, Somerset TA1 1AR	£2,845	58	2	Flat
£147.5K	01/21	0.61 mi	2, Cunningham Court, Taunton, Somerset TA1 1AR	£2,783	53	2	Flat
£175K	09/23	0.61 mi	36, Cunningham Court, Taunton, Somerset TA1 1AR	£3,017	58	2	Flat
£122K	11/21	0.62 mi	Flat 28, Beech Court, Tower Street, Taunton, Somerset TA1 4BH	-	-	2	Flat
£90K	10/23	0.62 mi	Flat 7, Beech Court, Tower Street, Taunton, Somerset TA1 4BH	-	-	2	Flat
£100K	10/23	0.62 mi	Flat 44, Beech Court, Tower Street, Taunton, Somerset TA1 4BH	-	-	2	Flat
£95K	11/23	0.62 mi	Flat 43, Beech Court, Tower Street, Taunton, Somerset TA1 4BH	-	-	2	Flat
£120K	06/21	0.7 mi	Flat 2, Turkey Court, Vivary Road, Taunton, Somerset TA1 3JN	-	-	2	Flat
£121K	11/20	0.7 mi	11, Juniper Road, Taunton, Somerset TA1 2QD	£1,984	61	2	Flat
£130K	06/21	0.71 mi	Flat 4, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF	£3,611	36	2	Flat
£122K	12/20	0.72 mi	Flat 8, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF	-	-	2	Flat
£130K	03/21	0.72 mi	Flat 6, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF	£6,842	19	2	Flat
£105K	06/21	0.72 mi	11c, Park Street, Taunton, Somerset TA1 4DF	£1,584	66	2	Flat
£124.6K	06/21	0.76 mi	17, Northfield Gardens, Taunton, Somerset TA1 1XN	-	-	2	Flat
£219.9K	03/23	0.76 mi	Flat 22, Compass Court, Compass Rise, Taunton, Somerset TA1 4PP	-	-	2	Flat
£200K	10/23	0.76 mi	Compass Court, Flat 24, Compass Rise, Taunton, Somerset TA1 4PP	£2,410	83	2	Flat
£140K	10/20	0.76 mi	Flat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL	-	-	2	Flat
£155K	03/23	0.76 mi	Flat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL	-	-	2	Flat

Local Rents

28 rents from £850/mo to £2.7K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,200	09/24	0.08 mi	-	2	Flat
£1,000	12/24	0.1 mi	-	2	Flat
£950	09/24	0.11 mi	East Reach, Taunton	2	Flat
£1,200	09/24	0.16 mi	Gloucester Street, TAUNTON	2	Flat
£1,200	09/24	0.17 mi	-	2	Terraced House
£1,200	12/24	0.17 mi	-	2	Terraced House
£1,100	03/25	0.18 mi	-	2	Terraced House
£850	09/24	0.36 mi	Middle Street, Taunton, TA1	2	Terraced House
£925	09/24	0.36 mi	The Octagon, Taunton, Somerset, TA1	2	Flat
£950	09/24	0.37 mi	Taunton	2	Flat
£1,500	09/24	0.37 mi	-	2	Flat
£1,700	03/25	0.37 mi	-	2	Flat
£995	09/24	0.38 mi	Priory Avenue, Taunton	2	Flat
£2,700	09/24	0.39 mi	-	2	Semi-Detached House
£2,700	11/24	0.39 mi	-	2	Semi-Detached House
£2,700	02/25	0.39 mi	-	2	Semi-Detached House
£2,700	03/25	0.39 mi	-	2	Semi-Detached House
£2,700	09/24	0.39 mi	-	2	Terraced House
£2,700	12/24	0.39 mi	-	2	Terraced House
£2,700	02/25	0.39 mi	-	2	Terraced House
£2,700	03/25	0.39 mi	-	2	Terraced House
£850	11/24	0.39 mi	-	2	Flat
£1,550	09/24	0.46 mi	Coal Orchard, TAUNTON	2	Flat
£1,600	09/24	0.49 mi	Coal Orchard, TAUNTON	2	Flat
£1,500	02/24	0.53 mi	-	2	Semi-Detached House
£1,500	02/24	0.53 mi	-	2	Semi-Detached House
£1,100	09/24	0.59 mi	Firepool View, TAUNTON	2	Flat
£1,100	09/24	0.6 mi	-	2	Flat

Local Area Statistics

Population in TA1	39,26539,265
Population in Taunton	85,08885,088
Town centre distance	0.21 miles away0.21 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.74 miles away0.74 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-4%-4%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+21%+21%

Property History

Price changed to £129,950

February 20, 2025

Listed for £135,000

October 31, 2024

Sold for £118,500

2015

Sold for £139,950

2005

Floor Plans

Description

SPACIOUS TWO BEDROOMED GROUND FLOOR FLAT WITH ITS OWN ENTRANCE DOOR +
GENEROUS SIZED SITTING ROOM WITH OPEN PLAN KITCHEN AREA +
MASTER BEDROOM WITH EN-SUITE SHOWER ROOM +
SEPARATE FAMILY BATHROOM +
CLOSE TO TOWN CENTRE +
DOUBLE GLAZING AND GAS CENTRAL HEATING +
NO ONWARD CHAIN +

This modern flat, part of a purpose-built block constructed around 20 years ago, offers
comfortable and convenient living. It features a private entrance that opens into a large hallway. From there, you'll find a spacious double bedroom with ample storage and an en-suite shower room. A second double bedroom and a family bathroom provide additional accommodation. The flat boasts a generous living and dining area, seamlessly connected to an open-plan kitchen at one end. With double glazing and gas central heating throughout, this property is an ideal opportunity for first-time buyers or rental investors. Early viewing is highly recommended.

Agent Details

Gibbins Richards, Taunton

01823 211768

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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