2 Bed Bungalow, Single Let, Taunton, TA4 3NW, £299,950

9 Four Acre Mead, Bishops Lydeard, Taunton, TA4 3NW - 5 months ago

BTL

~102 m²

+7 photos

ValuationUndervalued

Sold Prices	£160K - £320K
Sold Prices/m²	£2.6K/m² - £4.8K/m²

Square Metres	~101.50 m²
Price/m²	£3K/m²
Value Estimate	£322,955£322,955
BMV	8%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£74,988£74,988
Stamp Duty & Legal Fees	£18,695£18,695
Total Cash In	£93,683£93,683

Cash Out
Rent Range	£875 - £4,500£875 - £4,500
Rent Estimate	£925
Running Costs/mo	£1,142£1,142
Cashflow/mo	£-217£-217
Cashflow/yr	£-2,608£-2,608
Gross Yield	4%4%

Local Sold Prices

23 sold prices from £160K to £320K, average is £202K. £2.6K/m² to £4.8K/m², average is £3.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£273K	02/23	0.05 mi	19, Four Acre Mead, Bishops Lydeard, Taunton, Somerset TA4 3NW	£4,475	61	2	Detached House
£305K	03/23	0.05 mi	5, Four Acre Mead, Bishops Lydeard, Taunton, Somerset TA4 3NW	-	-	2	Detached House
£255K	08/21	0.06 mi	3, Snathe Lea, Bishops Lydeard, Taunton, Somerset TA4 3PH	£4,811	53	2	Detached House
£172K	08/21	0.12 mi	5, Millers Way, Bishops Lydeard, Taunton, Somerset TA4 3NP	-	-	2	Terraced House
£185K	02/21	0.16 mi	30, Wheatstones, Bishops Lydeard, Taunton, Somerset TA4 3NS	£3,420	54	2	Terraced House
£175K	06/21	0.2 mi	5, Groats, Bishops Lydeard, Taunton, Somerset TA4 3NX	£3,182	55	2	Semi-Detached House
£320K	04/23	0.22 mi	7, Gore Square, Bishops Lydeard, Taunton, Somerset TA4 3BW	£3,828	84	2	Terraced House
£255K	10/20	0.22 mi	7, Gore Square, Bishops Lydeard, Taunton, Somerset TA4 3BW	£3,050	84	2	Terraced House
£220K	12/22	0.28 mi	19, Webbers, Bishops Lydeard, Taunton, Somerset TA4 3QX	£4,000	55	2	Terraced House
£181K	04/24	0.58 mi	133, Greenway, Bishops Lydeard, Taunton, Somerset TA4 3DB	£2,873	63	2	Semi-Detached House
£169K	02/21	0.59 mi	11, Station Green, Bishops Lydeard, Taunton, Somerset TA4 3DL	£2,683	63	2	Semi-Detached House
£185K	09/21	1.17 mi	26, Manning Road, Cotford St Luke, Taunton, Somerset TA4 1NY	£2,891	64	2	Terraced House
£185K	09/21	1.17 mi	26, Manning Road, Cotford St Luke, Taunton, Somerset TA4 1NY	£2,891	64	2	Terraced House
£218K	02/23	1.2 mi	35, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1NU	-	-	2	Semi-Detached House
£160K	11/20	1.2 mi	96, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1PD	£2,581	62	2	Terraced House
£202K	12/22	1.21 mi	5, Stutts End, Cotford St Luke, Taunton, Somerset TA4 1NX	£3,108	65	2	Semi-Detached House
£217.5K	06/21	1.21 mi	64, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1PD	£3,021	72	2	Semi-Detached House
£160K	11/20	1.21 mi	96, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1PD	£2,581	62	2	Terraced House
£205K	04/23	1.21 mi	98, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1PD	£3,350	61	2	Terraced House
£219.9K	07/23	1.26 mi	31, Graham Way, Cotford St Luke, Taunton, Somerset TA4 1JG	£3,859	57	2	Terraced House
£224K	05/21	1.28 mi	1, Fennington Cottages, Kingston St Mary, Taunton, Somerset TA2 8AS	-	-	2	Terraced House
£192.5K	11/22	1.31 mi	32, Venn Close, Cotford St Luke, Taunton, Somerset TA4 1JQ	£3,500	55	2	Terraced House
£190K	05/23	1.31 mi	19, Grenville View, Cotford St Luke, Taunton, Somerset TA4 1JH	£3,276	58	2	Terraced House

Local Rents

20 rents from £875/mo to £4.5K/mo, average is £1.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,250	09/24	0.21 mi	Mill Lane, Bishops Lydeard	3	Detached House
£1,300	09/24	0.29 mi	Church Street, Bishops Lydeard, Taunton, TA4	3	Flat
£1,800	09/24	0.79 mi	Cotford St Luke, Taunton	2	Terraced House
£875	09/24	1.16 mi	Park View, Cotford St Luke. TA4	2	Flat
£1,200	09/24	1.2 mi	Cotford St. Luke	3	Detached House
£925	09/24	1.21 mi	Merrifields, Cotford St. Luke,	2	Terraced House
£925	09/24	1.21 mi	Cotford St Luke	2	Terraced House
£1,375	09/24	1.21 mi	Burge Crescent, Cotford St. Luke, TAUNTON	3	Flat
£1,650	07/23	1.23 mi	-	4	Detached House
£1,200	09/24	1.25 mi	St. Lukes Mews, TA4	3	Terraced House
£1,195	09/24	1.26 mi	-	3	Semi-Detached House
£950	09/24	1.26 mi	Graham Way, Cotford St. Luke, TAUNTON	2	Flat
£980	10/23	1.28 mi	-	2	Terraced House
£1,000	09/24	1.68 mi	-	3	Terraced House
£1,200	11/24	1.69 mi	-	4	Terraced House
£1,000	11/24	1.69 mi	-	2	Terraced House
£1,250	09/24	2.09 mi	Heathfiled Court TA4	2	Flat
£1,055	02/24	2.43 mi	-	1	Flat
£930	02/24	2.45 mi	-	1	House
£4,500	11/24	2.45 mi	-	5	Detached House

Local Area Statistics

Population in TA4	19,14919,149
Population in Taunton	85,08885,088
Town centre distance	4.78 miles away4.78 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	4.26 miles away4.26 miles away

Rental growth (12m)	-1%-1%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+13%+13%

Property History

Price changed to £299,950

March 16, 2025

Listed for £315,000

November 5, 2024

Floor Plans

Description

*PRICE IMPROVEMENT*A good size extended 2 bedroom detached bungalow with lovely enclosed garden close to the extensive amenities of this ever popular Quantock village north west of Taunton. Spacious living/dining room, conservatory, garage and off road parking - immediately available with NO ONWARD CHAIN. Early viewing highly recommended. Freehold Council Tax Band D EPC : D

Agent Details

Miles Estate Agents, Bishops Lydeard

01823 589553

Next Steps?

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

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