2 Bed Terraced House, Single Let, Taunton, TA2 6BP, £160,000
Station Road, Taunton, Somerset, TA2 6BP - 4 months ago
Sold STC
Leasehold
BTL
ROI: 6%
~68 m²





+4 photos
ValuationUndervalued
Sold Prices | £100K - £230K |
Sold Prices/m² | £1.4K/m² - £4.3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.3K/m² |
Value Estimate | £199,600 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £40,000 |
Stamp Duty & Legal Fees | £6,000 |
Total Cash In | £46,000 |
| |
Cash Out | |
Rent Range | £900 - £1,200 |
Rent Estimate | £925 |
Running Costs/mo | £705 |
Cashflow/mo | £220 |
Cashflow/yr | £2,640 |
ROI | 6% |
Gross Yield | 7% |
Local Sold Prices
20 sold prices from £100K to £230K, average is £181K. £1.4K/m² to £4.3K/m², average is £2.9K/m².
Local Rents
11 rents from £900/mo to £1.2K/mo, average is £950/mo.
Local Area Statistics
Population in TA2 | 26,588 |
Population in Taunton | 85,088 |
Town centre distance | 2.34 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 2 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -7% |
Sales demand | Balanced market |
Capital growth (5yrs) | +18% |
Property History
Listed for £160,000
December 10, 2024
Floor Plans

Description
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