2 Bed Flat, Single Let, Taunton, TA2 6DA, £150,000

Mill House Road, Norton Fitzwarren, Taunton, Somerset, TA2 6DA - 3 views - 5 months ago

BTL
ROI: 8%
~68 m²
+12 photos

ValuationFair Value

Sold Prices£60K - £219.9K
Sold Prices/m²£1.1K/m² - £6.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£151,725

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£900 - £1,200

Rent Estimate

£950

Running Costs/mo

£679

Cashflow/mo

£271

Cashflow/yr

£3,255

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £219.9K, average is £137.5K. £1.1K/m² to £6.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£130K02/210 mi52, Mill House Road, Norton Fitzwarren, Taunton, Somerset TA2 6DA2
£128K11/210 mi51, Mill House Road, Norton Fitzwarren, Taunton, Somerset TA2 6DA2
£150.3K08/220.09 mi71, Morse Road, Norton Fitzwarren, Taunton, Somerset TA2 6BS2
£121.5K05/210.09 mi73, Morse Road, Norton Fitzwarren, Taunton, Somerset TA2 6BS2
£126K06/210.09 mi72, Morse Road, Norton Fitzwarren, Taunton, Somerset TA2 6BS2
£155K02/230.35 mi53, Yarlington Close, Norton Fitzwarren, Taunton, Somerset TA2 6RR2
£138K03/210.71 mi2, Parsonage Court, Bishops Hull, Taunton, Somerset TA1 5HR2
£105K02/240.72 mi18, Parsonage Court, Bishops Hull, Taunton, Somerset TA1 5HR2
£132K11/230.81 mi73, Darwin Close, Taunton, Somerset TA2 6TR2
£156K06/230.89 mi11, Haydon Close, Bishops Hull, Taunton, Somerset TA1 5HF2
£150K03/230.89 mi8, Haydon Close, Bishops Hull, Taunton, Somerset TA1 5HF2
£120K11/201.04 mi7a, Smithy, Bishops Hull, Taunton, Somerset TA1 5DT2
£148K06/231.22 miFlat 19, Monmouth Court, Bindon Road, Taunton, Somerset TA2 6AX2
£110K02/211.22 miFlat 1, Monmouth Court, Bindon Road, Taunton, Somerset TA2 6AX2
£152K08/231.28 mi66c, Deane Drive, Taunton, Somerset TA1 5PR2
£173K12/231.44 miFlat 6, Chamberlain House, Richmond Road, Taunton, Somerset TA1 1EP2
£167K08/231.46 mi181a, Greenway Road, Taunton, Somerset TA2 6LQ2
£175K10/231.64 miFlat 3, Essex Court, Essex Drive, Taunton, Somerset TA1 4JZ2
£215.9K01/231.64 miFlat 10, Elm Park, Elm Grove, Taunton, Somerset TA1 1EH2
£155K10/211.66 miFlat 2, Wiltshire Court, Wiltshire Close, Taunton, Somerset TA1 4JS2
£176K05/231.68 miFlat 28, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£175K06/231.68 miFlat 7, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£125K12/201.7 mi23, Northfield Gardens, Taunton, Somerset TA1 1XN2
£60K11/201.72 mi2, Northfield Gardens, Taunton, Somerset TA1 1XN2
£160K05/211.73 miFlat 4, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£137K09/211.74 miFlat 44, Seville Court, Burchs Close, Taunton, Somerset TA1 4TR2
£124.6K06/211.74 mi17, Northfield Gardens, Taunton, Somerset TA1 1XN2
£138K04/211.77 mi1, Rupert Street, Taunton, Somerset TA2 6JT2
£138K04/211.77 mi1, Rupert Street, Taunton, Somerset TA2 6JT2
£128.5K06/211.77 mi3, Rupert Street, Taunton, Somerset TA2 6JT2
£155K03/231.78 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£193K01/231.81 miFlat 9, Haseley Court, Ferndown Close, Taunton, Somerset TA1 4TL2
£180K02/241.81 miHaseley Court, Flat 11, Ferndown Close, Taunton, Somerset TA1 4TL2
£133K09/211.81 mi38, Gladstone Street, Taunton, Somerset TA2 6LY2
£156.6K01/231.81 mi39, Gladstone Street, Taunton, Somerset TA2 6LY2
£125K09/211.81 mi50, Gladstone Street, Taunton, Somerset TA2 6LY2
£180K07/231.81 miFlat 4, Blythe Court, Ferndown Close, Taunton, Somerset TA1 4TJ2
£182K01/231.81 miFlat 9, Blythe Court, Ferndown Close, Taunton, Somerset TA1 4TJ2
£125K09/221.83 mi35b, Greenway Road, Taunton, Somerset TA2 6LA2
£136K09/231.83 miGround Floor Flat, 43, William Street, Taunton, Somerset TA2 6HG2
£130K03/211.84 miFlat 6, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£122K12/201.84 miFlat 8, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£105K06/211.84 mi11c, Park Street, Taunton, Somerset TA1 4DF2
£120K10/201.84 miGround Floor Flat, 43, William Street, Taunton, Somerset TA2 6HG2
£130K06/211.84 miFlat 4, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£130K08/211.85 miFlat 1, Minster Court, Windsor Close, Taunton, Somerset TA1 4LW2
£136K03/211.85 miFlat 8, Minster Court, Windsor Close, Taunton, Somerset TA1 4LW2
£200K10/231.86 miCompass Court, Flat 24, Compass Rise, Taunton, Somerset TA1 4PP2
£219.9K03/231.86 miFlat 22, Compass Court, Compass Rise, Taunton, Somerset TA1 4PP2
£129K08/211.86 miFlat 8, Sutherland Court, Windsor Close, Taunton, Somerset TA1 4LL2

Local Rents

11 rents from £900/mo to £1.2K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95001/240.02 mi-2
£95012/230.02 mi-2
£1,10001/240.07 mi-2
£1,10009/240.1 miMorse Road, Norton Fitzwarren, Taunton2
£90009/240.15 miMarshall Court, Norton Fitzwarren, Somerset2
£92509/240.3 mi-2
£92509/240.3 mi-2
£92507/240.3 mi-2
£1,20009/240.43 miApple Tree Close, Norton Fitzwarren, TAUNTON2
£1,10002/250.51 mi-2
£99002/240.54 mi-2

Local Area Statistics

Population in TA2

26,588

Population in Taunton

85,088

Town centre distance

2.28 miles away

Nearest school

0.30 miles away

Nearest train station

1.95 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £150,000

November 25, 2024

Floor Plans

Description

A modern apartment in the popular village of Norton Fitzwarren boasting two double bedrooms and off road parking and no onward chain!

This property would make a great first time buy or a fantastic investment with an approximate rent of £950pcm. The accommodation comprises of entrance hall leading to two double bedrooms, family bathroom, kitchen and open plan living room/dining area.

Mill House Road is situated in a popular development within the village of Norton Fitzwarren. A range of local amenities lies close by and include Co-Op, Vets, doctors surgery, community centre and public house. A larger range of leisure, shopping and scholastic amenities can be found within the county town of Taunton which is approximately three miles away. There is a bus stop close by with regular bus routes into the town and surrounding areas. Taunton offers access via Junction 25 to the M5 motorway and has a mainline intercity railway station.

Call now on to book your viewing!

Agent Details

Palmer Snell, Taunton

01823 212308

Next Steps?

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