3 Bed Terraced House, Refurb/BRRR, Chard, TA20 2NB, £125,000

1 Hillside Cottages, Forton, Chard TA20 2NB - 2 months ago

Sold STC
Auction
Refurb/BRRR
102 m²
+14 photos

ValuationFair Value

Sold Prices£170K - £485K
Sold Prices/m²£2K/m² - £5.5K/m²

 

 

Square Metres

102 m²
Price/m²£1.2K/m²

Value Estimate

£127,500

 

 

End Value (After Refurb)

£293,500

Uplift in Value

+135%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Refurb Costs

£41,350

Bridging Loan Interest

£3,281

Total Cash In

£82,581

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£293,500

Agent Fees (1%)

£2,935

Bridging Loan

£93,750

Bridging Loan Interest

£3,281

Flip Profit

£114,234

Local Sold Prices

50 sold prices from £170K to £485K, average is £235K. £2K/m² to £5.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£465K04/240.65 mi1, Hartsfield, Chard, Somerset TA20 2JU3
£425K06/210.71 miBuderim, Sopers Field, Chard, Somerset TA20 2HT3
£380K11/220.77 miBrookdene, Higher Coombses, Chard, Somerset TA20 2SY3
£225K09/210.77 mi4, Russell Pope Avenue, Chard, Somerset TA20 2JN3
£285K10/220.79 mi59, Forton Road, Chard, Somerset TA20 2JJ3
£215K10/200.83 mi29, Spicer Way, Chard, Somerset TA20 2JS3
£235K03/240.89 mi3, Farrow Close, Chard, Somerset TA20 2JX3
£210K11/230.93 mi35, King Athelstan Drive, Chard, Somerset TA20 2HZ3
£255K12/230.93 mi32, King Athelstan Drive, Chard, Somerset TA20 2HZ3
£325K07/210.94 miHarlyn, Lordsleaze Lane, Chard, Somerset TA20 2HN3
£200K12/200.96 mi136, King Cuthred Drive, Chard, Somerset TA20 2JF3
£225K08/210.97 mi2, Fore Street, Tatworth, Chard, Somerset TA20 2SW3
£238.5K09/230.97 mi1, Fore Street, Tatworth, Chard, Somerset TA20 2SW3
£220K06/210.98 miSouthlands, Bubwith Road, Chard, Somerset TA20 2BN3
£199K09/200.99 mi127, King Cuthred Drive, Chard, Somerset TA20 2JF3
£228K06/210.99 mi130, King Cuthred Drive, Chard, Somerset TA20 2JF3
£215K05/210.99 mi135, King Cuthred Drive, Chard, Somerset TA20 2JF3
£337K06/211 mi10, Manor Farm Close, Tatworth, Chard, Somerset TA20 2SQ3
£215K09/201 mi8, Bubwith Close, Chard, Somerset TA20 2BL3
£260K02/211 mi4, Abbey Mews, Tatworth, Chard, Somerset TA20 2LE3
£185K05/211.02 mi25, Forton Road, Chard, Somerset TA20 2HL3
£185K01/211.02 mi19, Bubwith Road, Chard, Somerset TA20 2BW3
£229K11/201.03 mi111, King Alfred Drive, Chard, Somerset TA20 2HX3
£260K11/221.03 mi29, Bubwith Road, Chard, Somerset TA20 2BW3
£180K11/231.03 mi25, Auckland Way, Chard, Somerset TA20 2BS3
£189.5K09/231.03 mi13, Auckland Way, Chard, Somerset TA20 2BS3
£170K12/201.04 mi27, Bubwith Road, Chard, Somerset TA20 2BW3
£185K01/211.04 mi19, Bubwith Road, Chard, Somerset TA20 2BW3
£247K06/211.05 mi10, King Alfred Drive, Chard, Somerset TA20 2HU3
£250K09/201.07 mi7, Gulway Mead, Tatworth, Chard, Somerset TA20 2TB3
£485K02/211.07 miDrift View, Wreath Lane, Chard, Somerset TA20 4DT3
£265K06/211.07 mi6, Nursery Gardens, Chard, Somerset TA20 1HH3
£280K05/241.07 mi18, Vicarage Close, Chard, Somerset TA20 2HH3
£220K12/201.07 mi95, King Cuthred Close, Chard, Somerset TA20 2JD3
£195K09/231.08 mi16, Watermead, South Chard, Chard, Somerset TA20 2QN3
£206K05/211.08 mi10, Watermead, South Chard, Chard, Somerset TA20 2QN3
£215K05/211.08 mi12, Watermead, South Chard, Chard, Somerset TA20 2QN3
£196.5K01/211.08 mi28, Watermead, South Chard, Chard, Somerset TA20 2QN3
£210K09/201.08 mi30, Watermead, South Chard, Chard, Somerset TA20 2QN3
£268K12/201.09 mi36, Langdons Way, Tatworth, Chard, Somerset TA20 2TG3
£256K11/201.09 mi3, Drakes Crescent, Tatworth, Chard, Somerset TA20 2TE3
£255K04/211.11 mi8, Forton Road, Chard, Somerset TA20 2HJ3
£235K10/201.11 mi16, Forton Road, Chard, Somerset TA20 2HJ3
£257.5K01/211.11 mi18, Forton Road, Chard, Somerset TA20 2HJ3
£235K10/231.11 mi53, Bubwith Road, Chard, Somerset TA20 2BP3
£350K07/231.11 miThe Meadows, Garden Court, South Chard, Chard, Somerset TA20 2QX3
£275K08/211.11 miGreenacres, Culverhayes, Chard, Somerset TA20 2DR3
£380K06/211.11 miRustlings, Culverhayes, Chard, Somerset TA20 2DR3
£430K04/231.12 mi13, Monmouth Court, Chard, Somerset TA20 1HQ3
£280K12/231.12 mi24, Deane Way, Tatworth, Chard, Somerset TA20 2TD3

Local Rents

31 rents from £550/mo to £5.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£1,00009/240.85 mi-3
£65009/240.95 mi-1
£55011/240.95 mi-1
£90009/240.95 miBubwith Road, Chard3
£80007/241.02 mi-2
£95009/241.14 mi-2
£62504/241.2 mi-1
£90009/241.3 mi-3
£85009/241.3 mi-2
£88512/241.31 mi-2
£1,18010/241.31 mi-2
£64506/241.36 mi-1
£59501/251.38 mi-2
£60011/241.38 mi-1
£2,00009/241.38 miLeigh4
£68509/241.38 mi-1
£65009/241.38 mi-2
£75009/241.41 miFlat B 4 Holyrood Street, Chard2
£85009/241.42 miFurnham Road, Chard2
£97509/241.44 miMiddle Touches, Chard3
£1,00009/241.5 miSamuel Vickery Way, Chard3
£62509/241.5 mi2 Foundry Mews, Combe Street, Chard, Somerset, TA201
£75009/241.57 miHigh Street, Chard2
£5,50004/241.71 mi-3
£80011/241.87 mi-3
£85012/241.87 mi-3
£85012/241.87 mi-3
£90003/241.94 mi-2
£1,44509/242.03 mi-3
£1,55009/242.03 mi-3
£1,00002/242.06 mi-2

Local Area Statistics

Population in TA20

20,230

Town centre distance

1.36 miles away

Nearest school

1.20 miles away

Nearest train station

6.24 miles away

 

 

Rental growth (12m)

+35%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £125,000

November 7, 2024

Description

  • End of terrace Period Cottage +
  • Complete refurbishment required +
  • 3 Bedrooms +
  • Some period features +
  • Enclosed large garden +
  • Wide driveway +
  • Garage, workshop and store/shed +
  • Central village location +

An End Terrace Period Cottage requiring complete refurbishment but with the benefit of a large garage/workshop and private rear garden. For sale by Livestream and In-rooom Auction on Wednesday 11th December 2024 at 2pm at Batch Country House, Lympsham, Nr Weston Super Mare BS24 0EX EPC: D

The end one of a terrace of three period cottages, 1 Hillside offers a generous footprint but is now in need of complete refurbishment. Currently the accommodation provides two reception rooms with woodburning stoves, a galley kitchen with utility area beyond, three bedrooms and a bathroom. Period features include exposed timbers, stone and brick work. A wide driveway at the side leads to a parking area, garage workshop and store shed with enclosed garden beyond.

The cottage fronts onto the village road inthe centre of Forton with traditional countryside all
around. Although less than 2 miles from Chard this is a thriving close knit community with a variety of village activities. Chard itself offers a
choice of major supermarkets, smaller retailers, banks, medical and leisure facilities whilst the county town of Taunton is just 16 miles to the North with an intercity rail link (London Paddington) and access to the M5 motorway. The World Heritage Jurassic Coast is about 15
miles to the South at Lyme Regis and other nearby places of interest nclude the historic house of Forde Abbey and National Trust lands at
Lamberts Castle.

Agent Details

Greenslade Taylor Hunt, Chard

01460 200772

Next Steps?

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

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