3 Bed Terraced House, Single Let, Taunton, TA2 7EH, £245,000

Lyngford Road, Taunton, TA2 7EH - 6 months ago

Sold STC
BTL
ROI: 2%
~80 m²
+21 photos

ValuationOvervalued

Sold Prices£142.5K - £375K
Sold Prices/m²£1.7K/m² - £4.2K/m²

 

 

Square Metres

~80.20 m²
Price/m²£3.1K/m²

Value Estimate

£224,825

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£13,450

Total Cash In

£74,700

 

 

Cash Out

 

Rent Range

£1,150 - £2,950

Rent Estimate

£1,175

Running Costs/mo

£1,021

Cashflow/mo

£154

Cashflow/yr

£1,853

ROI

2%

Gross Yield

6%

Local Sold Prices

51 sold prices from £142.5K to £375K, average is £227.5K. £1.7K/m² to £4.2K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£200K05/210.07 mi130, Eastwick Road, Taunton, Somerset TA2 7HG3
£176K05/210.07 mi124, Eastwick Road, Taunton, Somerset TA2 7HG3
£203.5K04/230.07 mi106, Eastwick Road, Taunton, Somerset TA2 7HG3
£215K08/210.12 mi8, Horner Road, Taunton, Somerset TA2 8DY3
£287K07/230.12 mi15, Horner Road, Taunton, Somerset TA2 8DY3
£264.7K10/230.17 mi65, Buckland Road, Taunton, Somerset TA2 8EW3
£142.5K11/200.18 mi42, Buckland Road, Taunton, Somerset TA2 8EP3
£240K08/230.18 mi141, Lyngford Square, Taunton, Somerset TA2 7EY3
£200K10/230.2 mi10, Blackdown Road, Taunton, Somerset TA2 8EZ3
£232K02/230.23 mi24, Lyngford Place, Taunton, Somerset TA2 7EP3
£215K12/210.24 mi40, Fairfield Road, Taunton, Somerset TA2 8EQ3
£220K03/230.25 mi4, Dunster Close, Taunton, Somerset TA2 8EE3
£200K10/230.25 mi25, Dunster Close, Taunton, Somerset TA2 8EE3
£250K05/240.25 mi8, Dunster Close, Taunton, Somerset TA2 8EE3
£220K09/230.26 mi71, Horner Road, Taunton, Somerset TA2 8EA3
£230K01/240.26 mi63, Horner Road, Taunton, Somerset TA2 8EA3
£260K02/230.26 mi1, Adcombe Road, Taunton, Somerset TA2 8EH3
£165K05/210.26 mi47, Horner Road, Taunton, Somerset TA2 8EA3
£192.5K12/200.27 mi12, Grafton Close, Taunton, Somerset TA2 8SE3
£260K10/210.27 mi11, Grafton Close, Taunton, Somerset TA2 8SE3
£202K06/210.27 mi15, Lyngford Square, Taunton, Somerset TA2 7ES3
£230K09/210.28 mi118, Priorswood Road, Taunton, Somerset TA2 7QQ3
£300K12/220.28 mi4, Cory Road, Taunton, Somerset TA2 7HZ3
£185K01/210.28 mi54, Buckland Road, Taunton, Somerset TA2 8ER3
£264K06/230.28 mi54, Buckland Road, Taunton, Somerset TA2 8ER3
£235K01/230.28 mi19, Adcombe Road, Taunton, Somerset TA2 8EH3
£220K12/210.28 mi24, Lyngford Square, Taunton, Somerset TA2 7ET3
£219K10/200.28 mi4, Cory Road, Taunton, Somerset TA2 7HZ3
£250K11/230.28 mi12, Cory Road, Taunton, Somerset TA2 7HZ3
£210K12/200.29 mi31, Luttrell Close, Taunton, Somerset TA2 8SA3
£215K11/210.3 mi4, Luxhay Close, Taunton, Somerset TA2 8ET3
£250K05/210.3 mi106, Priorswood Road, Taunton, Somerset TA2 7QQ3
£300K07/230.3 mi118, Priorswood Road, Taunton, Somerset TA2 7QQ3
£300K07/230.3 mi118, Priorswood Road, Taunton, Somerset TA2 7QQ3
£232.5K12/200.3 mi27, The Shaulders, Taunton, Somerset TA2 8QD3
£205K10/210.31 mi23, Bircham Road, Taunton, Somerset TA2 8EX3
£375K01/210.31 mi45, Draycott Avenue, Taunton, Somerset TA2 7QG3
£210K12/220.32 mi133, Wedlands, Taunton, Somerset TA2 7AD3
£252K11/200.34 mi24, Colin Road, Taunton, Somerset TA2 7AS3
£280K10/230.34 mi30, Colin Road, Taunton, Somerset TA2 7AS3
£280K01/240.34 mi23, Colin Road, Taunton, Somerset TA2 7AS3
£255K05/210.34 mi31, Lansdowne Road, Taunton, Somerset TA2 7QB3
£227.5K03/240.34 mi10, Lansdowne Road, Taunton, Somerset TA2 7QB3
£191K06/210.34 mi67, Massingham Park, Taunton, Somerset TA2 7TG3
£265K01/230.34 mi1, Massingham Park, Taunton, Somerset TA2 7TG3
£197K11/210.34 mi1a, Eastwick Avenue, Taunton, Somerset TA2 7AJ3
£308K01/240.34 mi12, Eastwick Avenue, Taunton, Somerset TA2 7AJ3
£201K07/210.35 mi13, Grange Drive, Taunton, Somerset TA2 7DY3
£318K08/230.35 mi32, Draycott Avenue, Taunton, Somerset TA2 7QF3
£185K04/210.35 mi15, Grange Drive, Taunton, Somerset TA2 7DY3
£222K12/200.37 mi5, Summerleaze Crescent, Taunton, Somerset TA2 8QE3

Local Rents

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

RentDateDistanceAddressBeds 
£1,30009/240.32 miThe Shaulders, Taunton, 3
£1,20009/240.34 miStandfast Place, Taunton, TA23
£1,15007/240.4 mi-3
£1,30009/240.43 miEaton Crescent, Taunton3
£1,27001/250.5 mi-3
£1,47509/240.51 miRossiter Road, Taunton3
£1,25002/250.55 mi-3
£1,25009/240.56 mi-3
£1,30009/240.59 miFirepool Crescent, Taunton3
£1,30009/240.59 miFirepool Crescent, Taunton3
£2,95002/240.59 mi-3
£2,95009/240.59 mi-3
£2,95009/240.59 mi-3
£2,95009/240.59 mi-3
£2,95009/240.59 mi-3
£2,95007/240.59 mi-3
£2,95008/240.59 mi-3
£2,95002/250.59 mi-3
£2,95003/250.59 mi-3
£1,35010/240.6 mi-3

Local Area Statistics

Population in TA2

26,588

Population in Taunton

85,088

Town centre distance

1.16 miles away

Nearest school

0.10 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £245,000

November 1, 2024

Floor Plans

Description

  • Available with no onward chain +
  • Ample opportunity to extend (subject to permission) +
  • Drive parking and garage +
  • Above average sized gardens +
  • Two separate reception rooms +
  • Kitchen +
  • Three bedrooms +
  • Shower room and separate wc +
  • Close to a range of local amenities +
  • Viewing recommended by the sole agents, Ware & Company +

Situated on the northern outskirts of Taunton is this delightful three-bedroom semi-detached home which comes to the sales market with the benefit of no onward chain. Standing on a larger-than-average garden plot, this home presents a fantastic opportunity for families, investors, or those seeking a property with excellent potential for extension and improvement.

The house comprises an entrance hall with stairs rising to the first floor, living room, separate dining room, kitchen, three bedrooms,shower room and a separate wc. To the front there is drive parking leading to a single garage, gated access to the rear garden and a large expanse of lawn to the side. To the rear is an enclosed garden laid in the main to lawn with shrub bed borders and a storage shed. There is ample scope for extension, subject to the necessary permission.

TOTAL FLOOR AREA
79 sq.m.

TENURE
Freehold

COUNCIL TAX
Somerset Council Tax Band B. Charges payable for 2024/25 - £1,871.62

SERVICES
Main services of gas, electricity, water and drainage are connected.
Broadband/Mobile phone coverage- The options of standard, superfast and ultrafast broadband withspeeds upto 1,000Mbps are available. For an indication of broadbandspeeds as wellas mobile phone signal and coverage available please refer to the 'Ofcomchecker' website.

Agent Details

Ware & Co, Taunton

01823 589527

Next Steps?

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