9 Bed Detached House, Refurb/BRRR, Taunton, TA3 7LQ, £850,000

40 & 40a Church Road, Trull, Taunton, Somerset, TA3 7LQ - 4 views - 4 months ago

Sold STC
Refurb/BRRR
~279 m²
+25 photos

ValuationFair Value

Sold Prices£237.5K - £850K
Sold Prices/m²£2K/m² - £5.1K/m²

 

 

Square Metres

~279 m²
Price/m²£3K/m²

Value Estimate

£850,000

 

 

End Value (After Refurb)

£961,148

Uplift in Value

+13%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£212,500

Stamp Duty & Legal Fees

£56,700

Refurb Costs

£113,460

Bridging Loan Interest

£22,313

Total Cash In

£406,723

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£961,148

Mortgage (After Refinance)

£720,861

Mortgage LTV

75%

Cash Released

£83,361

Cash Left In

£323,361

Equity

£240,287

Rent Range

£1,250 - £2,100

Rent Estimate

£1,618

Running Costs/mo

£3,347

Cashflow/mo

£-1,729

Cashflow/yr

£-20,750

Gross Yield

2%

Local Sold Prices

37 sold prices from £237.5K to £850K, average is £475K. £2K/m² to £5.1K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£495K08/230.07 mi51, Church Road, Trull, Taunton, Somerset TA3 7LG4
£390K02/210.07 mi35, Church Road, Trull, Taunton, Somerset TA3 7LG4
£630K01/210.21 mi7, Church Road, Trull, Taunton, Somerset TA3 7JZ4
£435.5K12/220.23 mi10, Gatchell Green, Trull, Taunton, Somerset TA3 7ER4
£275K04/210.24 mi9, Wyatts Field, Trull, Taunton, Somerset TA3 7ET4
£850K12/220.25 miHartknoll, Wild Oak Lane, Trull, Taunton, Somerset TA3 7JT4
£785K02/210.3 miAmberd Granary, Amberd Lane, Trull, Taunton, Somerset TA3 7AA4
£375K07/220.33 mi9, Park Close, Trull, Taunton, Somerset TA3 7HL4
£497K04/210.38 miCrofton, Spearcey Lane, Trull, Taunton, Somerset TA3 7HJ4
£720K12/230.4 miHarcombe House, Honiton Road, Trull, Taunton, Somerset TA3 7JW4
£630K05/210.44 miHeadley House, Staplehay, Trull, Taunton, Somerset TA3 7HT4
£515K12/200.44 miCourtlands, Staplehay, Trull, Taunton, Somerset TA3 7HT4
£705K09/210.44 miDipford Way, Dipford Road, Trull, Taunton, Somerset TA3 7NN4
£735K10/230.44 miConifers, Dipford Road, Trull, Taunton, Somerset TA3 7NN4
£550K12/230.49 miHeatherdene, Comeytrowe Road, Trull, Taunton, Somerset TA3 7NE4
£690K02/210.52 mi3, Bradbeers, Trull, Taunton, Somerset TA3 7JQ4
£472K07/230.58 miHolly Croft House, New Road, Trull, Taunton, Somerset TA3 7NJ4
£560.9K10/210.59 mi41, Queens Drive, Taunton, Somerset TA1 4XW4
£470K10/200.59 mi7, Queens Drive, Taunton, Somerset TA1 4XW4
£545K02/210.59 mi37, Queens Drive, Taunton, Somerset TA1 4XW4
£475K02/210.59 mi1, Ferndale Drive, Taunton, Somerset TA1 4QU4
£650K07/210.66 mi48, Batts Park, Taunton, Somerset TA1 4RE4
£515K06/210.71 mi26, Haines Park, Taunton, Somerset TA1 4RG4
£520K05/230.71 mi30, Haines Park, Taunton, Somerset TA1 4RG4
£465K10/230.71 mi12, Haines Park, Taunton, Somerset TA1 4RG4
£387.5K03/210.71 mi2, Haines Park, Taunton, Somerset TA1 4RG4
£454K03/210.72 mi15, Pope Close, Taunton, Somerset TA1 4YE4
£450K11/230.72 mi23, Pope Close, Taunton, Somerset TA1 4YE4
£440K03/210.75 mi1, Haines Park, Taunton, Somerset TA1 4RQ4
£525K01/230.78 mi5, Haines Park, Taunton, Somerset TA1 4RQ4
£400K03/230.83 mi2, Kingsley Close, Taunton, Somerset TA1 4LQ4
£237.5K04/210.85 mi3, Castlemans Road, Taunton, Somerset TA1 4ND4
£350K12/210.86 mi13, Langham Drive, Taunton, Somerset TA1 4LJ4
£385K03/210.93 mi7, Princess Road, Taunton, Somerset TA1 4SY4
£350K01/230.93 mi2, Bowfell Close, Taunton, Somerset TA1 4JP4
£383K10/230.99 mi6, Bovet Close, Taunton, Somerset TA1 4NY4
£395K11/210.99 mi9, Wiltshire Close, Taunton, Somerset TA1 4JR4

Local Rents

12 rents from £1.3K/mo to £2.1K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,35009/240.65 miBradford Close, Taunton, Somerset, TA13
£1,30006/240.69 mi-3
£1,40009/240.78 mi-3
£1,75009/240.8 miPikes Crescent, Taunton, TA13
£1,25005/240.81 mi-3
£1,70003/250.89 mi-4
£1,95009/240.98 miTrull, Taunton, TA34
£1,30009/241 mi-3
£2,10006/231.13 mi-4
£1,90011/241.14 mi-3
£1,40009/241.19 mi-3
£1,95001/251.23 mi-3

Local Area Statistics

Population in TA3

14,212

Population in Taunton

85,088

Town centre distance

1.69 miles away

Nearest school

0.20 miles away

Nearest train station

2.15 miles away

 

 

Rental growth (12m)

-16%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £850,000

December 10, 2024

Floor Plans

Description

  • A beautiful Grade II listed former coach house +
  • Converted to three dwellings +
  • Generous gardens +
  • Perfect for multigenerational living or additional income. +
  • Period features +
  • Highly desirable location +

A beautiful Grade II listed former coach house now converted to three dwellings with generous gardens, perfect for multigenerational living or additional income. Listed.

This striking property is well worthy of it’s Grade II Listed status and was originally the coach house for Eastbrook House. It appears to date back to the Gothic era and since then has been sympathetically converted to three dwellings by the current owner. The property has immense charm and wealth of character. Constructed of Blackdown flint elevations with attractive Hamstone detailing the property is catching to the eye and has an attractive façade. A gated archway gives access to a cobbled inner courtyard creating privacy and further adding to the property’s appeal.

In brief the main house comprises 4/5 bedrooms and attached is a three bedroom cottage with a beautiful stone archway underneath. The cottage could stay as is for an elderly relative or additional income but could be incorporated into the main house if you so wished. In addition is a detached one bedroom coach house, perfect for an Airbnb or guest accommodation.
The property can be further described as follows:-

40 CHURCH ROAD
Accessed via a porch from a central courtyard, you enter into the dining room which adjoins a dual aspect kitchen which could be knocked through to create an open plan room (STP). The dining room leads to an inner hall where there is an office, W.C. and downstairs bedroom with separate bathroom. Stairs here lead to the first floor where there are three double bedrooms and a family bathroom. At the other end of the house is a hall off the kitchen which leads to a fabulous living room enjoying a dual aspect, together with a utility with second staircase which leads up to the principal bedroom with en-suite.

40A CHURCH ROAD
This property is approached under the archway where there is an inner hall giving access to a living room with log burning stove, together with a separate dining room. A small hall leads to a kitchen which is now in need of updating and on the first floor are three good size bedrooms and a family bathroom.

THE COACH HOUSE
Located on the opposite side of the courtyard, this quaint detached coach house comprises a galley style kitchen, separate dining room, living room and upstairs is a bedroom with en-suite. There is also a section of the garden which has been fenced off to create a private garden area.

The property is approached under a stunning archway with ornamental gate which leads to drive providing parking for several cars and also gives access to a beautiful inner courtyard, complete with garage. The gardens lie to the south and are predominantly lawned, interspersed with a number of magnificent trees, along with a number mature beds and boarders. A former kitchen garden is separated by a natural hedge where a small tool shed/lean-to is also present.

Agent Details

Greenslade Taylor Hunt, Taunton

01823 211774

Next Steps?

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