3 Bed Semi-Detached House, Refurb/BRRR, Taunton, TA4 4NR, £330,000

15 Bridge Street, Williton, Taunton, TA4 4NR - 5 months ago

Refurb/BRRR
~157 m²
+18 photos

ValuationFair Value

Sold Prices£101.2K - £467.4K
Sold Prices/m²£1.2K/m² - £3.9K/m²

 

 

Square Metres

~157.20 m²
Price/m²£2.1K/m²

Value Estimate

£333,300

 

 

End Value (After Refurb)

£438,832

Uplift in Value

+33%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£24,200

Refurb Costs

£64,232

Bridging Loan Interest

£8,663

Total Cash In

£181,345

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£438,832

Mortgage (After Refinance)

£329,124

Mortgage LTV

75%

Cash Released

£81,624

Cash Left In

£99,721

Equity

£109,708

Rent Range

£421 - £1,950

Rent Estimate

£900

Running Costs/mo

£1,571

Cashflow/mo

£-671

Cashflow/yr

£-8,056

Gross Yield

3%

Local Sold Prices

32 sold prices from £101.2K to £467.4K, average is £270K. £1.2K/m² to £3.9K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£218K05/240.06 mi17a, High Street, Williton, Taunton, Somerset TA4 4NW3
£265K03/210.06 mi9, Bridge Close, Williton, Taunton, Somerset TA4 4PJ3
£310K09/210.06 mi14, Bridge Close, Williton, Taunton, Somerset TA4 4PJ3
£230K01/210.1 mi2, Half Acre, Williton, Taunton, Somerset TA4 4NX3
£263.5K02/210.1 mi6, Rylands Close, Williton, Taunton, Somerset TA4 4PE3
£345K11/200.11 mi8, Tower Hill, Williton, Taunton, Somerset TA4 4NT3
£285K09/210.15 mi40, Half Acre, Williton, Taunton, Somerset TA4 4NZ3
£201K02/210.15 mi40, Half Acre, Williton, Taunton, Somerset TA4 4NZ3
£375K02/210.17 mi18, Priest Street, Williton, Taunton, Somerset TA4 4NJ3
£315K06/210.21 mi16, Catwell, Williton, Taunton, Somerset TA4 4PF3
£405K08/210.21 mi48, Tower Hill, Williton, Taunton, Somerset TA4 4NU3
£356K02/210.21 mi28, Tower Hill, Williton, Taunton, Somerset TA4 4NU3
£395K01/210.21 mi21, Tower Hill, Williton, Taunton, Somerset TA4 4NU3
£312.5K12/200.24 miThe Linney, 31b, Long Street, Williton, Taunton, Somerset TA4 4QN3
£375K04/240.35 mi26, Brook Road, Williton, Taunton, Somerset TA4 4TE3
£274.9K02/210.35 mi23, Brook Road, Williton, Taunton, Somerset TA4 4TE3
£345K06/230.35 mi12, Brook Road, Williton, Taunton, Somerset TA4 4TE3
£215K09/230.39 mi66, Long Street, Williton, Taunton, Somerset TA4 4QY3
£215K04/210.39 mi84, Long Street, Williton, Taunton, Somerset TA4 4QY3
£360K11/200.39 mi14, North Road, Williton, Taunton, Somerset TA4 4SN3
£245K11/200.4 mi7, Doniford Drive, Williton, Taunton, Somerset TA4 4JW3
£372.5K05/210.42 mi21, Doniford Road, Williton, Taunton, Somerset TA4 4SG3
£210K02/210.43 mi17, Fairfield Drive, Williton, Taunton, Somerset TA4 4SX3
£225K04/210.43 mi1, Fairfield Drive, Williton, Taunton, Somerset TA4 4SX3
£195K11/200.44 mi2, Limes Close, Williton, Taunton, Somerset TA4 4SU3
£195K11/200.44 mi2, Limes Close, Williton, Taunton, Somerset TA4 4SU3
£320K09/210.49 mi16, Dovetons Drive, Williton, Taunton, Somerset TA4 4ST3
£185K01/240.5 mi29, Larviscombe Road, Williton, Taunton, Somerset TA4 4SA3
£190K11/220.5 mi13, Whitecroft, Williton, Taunton, Somerset TA4 4RU3
£185K04/210.63 mi8, Station Road, Williton, Taunton, Somerset TA4 4RQ3
£101.2K12/230.66 mi27, Rexton Meadow Drive, Williton, Taunton, Somerset TA4 4EZ3
£467.4K09/210.94 mi4, Five Bells, Watchet, Somerset TA23 0HZ3

Local Rents

19 rents from £421/mo to £1.9K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£82509/240.17 miFore Street, Williton3
£99503/230.33 mi-3
£85003/230.33 mi-2
£80008/240.33 mi-3
£80004/240.39 mi-2
£1,00006/230.4 mi-3
£90010/230.45 mi-3
£75009/240.5 mi-2
£75009/240.5 mi-2
£70009/240.5 mi-2
£80003/250.5 mi-2
£72506/230.5 mi-2
£1,10010/230.51 mi-3
£42109/241.18 mi-1
£1,95009/241.27 miBrendon Road, Watchet5
£99511/241.34 mi-2
£75003/241.49 mi-2
£1,25011/241.5 mi-3
£58509/241.6 miAnchor Street, Watchet1

Local Area Statistics

Population in TA4

19,149

Population in Taunton

85,088

Town centre distance

13.87 miles away

Nearest school

0.50 miles away

Nearest train station

13.33 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Price changed to £330,000

February 16, 2025

Listed for £350,000

December 5, 2024

Floor Plans

Description

  • Grade II listed cottage +
  • Peaceful village location +
  • Flexible accommodation +
  • Delightful cottage gardens +
  • Three reception rooms and kitchen +
  • Three bedrooms and bathroom +
  • No onward chain +
  • Modernisation required +
  • Council Tax band D +
  • Freehold +

A charming centuries old cottage situated in the centre of the village in need of general modernisation with good sized gardens and offered with no onward chain. Council Tax band D, EPC rating E, Freehold

Situation - Bridge Street is situated in the centre of the popular village of Williton which offers easy access to motorway and rail connections at Taunton and Bridgwater and is only twenty minutes drive to Minehead. A bus service runs to Minehead and Taunton. Local amenities are within walking distance of the house and include a dentist, doctor surgery, library, post office, vets, independent shops and supermarkets. On the edge of the village there is a station serving the West Somerset Steam Railway, a popular attraction where many volunteers become actively involved in regular events.

Description - 15 Bridge Street is a charming detached, thatched cottage requiring modernisation and offers great potential to improve with versatile living accommodation arranged over two floors. The cottage retains much of its original character and enjoys good sized south facing gardens to the rear and is offered with no onward chain

Accommodation - The flexible accommodation includes an entrance porch, entrance hall with turning staircase to first floor, door to sitting room with deep inglenook fireplace and inset real flame effect stove, front aspect window with seat, rear aspect window with seat, beamed ceiling and door through to kitchen/breakfast room which is fitted with a range of wall and base units, roll edge worktops with inset single drainer sink unit, space for cooker and washing machine, window to side and door to rear garden.

From the front there is a further access providing access to the second part of the cottage which includes a reception room with original fireplace, steps leading up to a further utility area with Belfast sink, rear aspect window, beamed ceiling and storage cupboard and door to side passage.

On the first floor there are three bedrooms and a fitted bathroom suite, wc, enclosed shower and panelled bath.

Outside - To the front of the house is a pedestrian gate leading to an enclosed front garden with a range of mature shrubs and herbaceous plants. A side access leads to the rear garden which includes a covered porch with steps leading up to the main area of garden which is laid to lawn with herbaceous borders and a number of stone buildings/stores to the rear.

Services - Mains drainage, gas, electricity and water. Night storage heaters. Superfast broadband available (Ofcom), Mobile signal likely available outdoors (Ofcom). Please note, the agents have not inspected or tested the services.

Directions - From the centre of Taunton proceed out of town on the A358 towards Minehead and on entering the village of Williton take the first turning on the right into Bridge Street, proceed into Bridge Street and number 15 can be identified by a Stags For Sale board.

Agent Details

Stags, Taunton

01823 217460

Next Steps?

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