2 Bed Flat, Single Let, Taunton, TA1 2HE, £145,000

Upper Holway Road, Taunton, Somerset, TA1 2HE - 3 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£90K - £340K
Sold Prices/m²£1.6K/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£165,511
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£5,550

Total Cash In

£41,800

 

 

Cash Out

 

Rent Range

£925 - £1,500

Rent Estimate

£950

Running Costs/mo

£663

Cashflow/mo

£287

Cashflow/yr

£3,443

ROI

8%

Gross Yield

8%

Local Sold Prices

51 sold prices from £90K to £340K, average is £148K. £1.6K/m² to £3.2K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£121K11/200.05 mi11, Juniper Road, Taunton, Somerset TA1 2QD2
£118K12/200.13 mi3, Lower Holway Close, Taunton, Somerset TA1 2LN2
£125K10/200.2 miTrinity Court, 52, Haywood Road, Taunton, Somerset TA1 2LL2
£144K06/210.22 mi7, Alder Close, Taunton, Somerset TA1 2QP2
£195K06/210.54 miFlat 5, Fullands House, Shoreditch Road, Taunton, Somerset TA1 3DF2
£155K02/210.63 mi33, Trinity Road, Taunton, Somerset TA1 3JJ2
£143K10/230.76 miFlat 8, Trinity Gate, Queen Street, Taunton, Somerset TA1 3DS2
£130K12/210.76 mi3a, Hamilton Court, Taunton, Somerset TA1 2PA2
£125K02/230.76 mi3b, Hamilton Court, Taunton, Somerset TA1 2PA2
£155K02/230.76 mi2b, Hamilton Court, Taunton, Somerset TA1 2PA2
£250K02/210.77 miFlat 5, Annecy Court, St Josephs Field, Taunton, Somerset TA1 3TE2
£202.5K03/240.77 miAnnecy Court, Flat 9, St Josephs Field, Taunton, Somerset TA1 3TE2
£295K11/210.79 miFlat 7, Annecy Court, St Josephs Field, Taunton, Somerset TA1 3TE2
£138K03/230.97 mi5, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£130K10/210.98 mi39, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£150K04/230.98 mi38, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£160K12/230.98 mi44, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£160K12/230.98 mi44, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£112.5K11/200.98 mi10, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£148K03/211.02 mi42b, Laburnum Street, Taunton, Somerset TA1 1LB2
£120K07/211.1 miFlat 6, Vivary Gate, Upper High Street, Taunton, Somerset TA1 3PX2
£160K05/231.1 miFlat 12, Vivary Gate, Upper High Street, Taunton, Somerset TA1 3PX2
£115K01/211.11 mi37, Winters Field, Taunton, Somerset TA1 1PY2
£150K09/231.12 mi9, The Octagon, Taunton, Somerset TA1 1RT2
£165K01/231.12 mi2, The Octagon, Taunton, Somerset TA1 1RT2
£172.5K08/231.19 mi50, Firepool Crescent, Taunton, Somerset TA1 1AT2
£100K01/231.19 miFlat 1, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£105K08/231.19 miFlat 8, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£90K12/231.19 miFlat 13, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£211K11/231.19 mi52, Geoffrey Farrant Walk, Taunton, Somerset TA1 1PU2
£225K02/211.2 miFlat 45, Vivary House, Kinglake Drive, Taunton, Somerset TA1 3RR2
£200K03/231.2 miFlat 76, Sherford Lodge, Kinglake Drive, Taunton, Somerset TA1 3RR2
£340K08/231.2 miFlat 19, Blagdon Lodge, Kinglake Drive, Taunton, Somerset TA1 3RR2
£185K12/231.23 mi29, Firepool View, Taunton, Somerset TA1 1NY2
£120K06/211.27 miFlat 2, Turkey Court, Vivary Road, Taunton, Somerset TA1 3JN2
£165K01/231.27 mi35, Cunningham Court, Taunton, Somerset TA1 1AR2
£159K11/201.27 mi36, Firepool View, Taunton, Somerset TA1 1PS2
£179K02/211.27 mi28, Firepool View, Taunton, Somerset TA1 1PS2
£172K07/211.28 mi4, Firepool View, Taunton, Somerset TA1 1PS2
£147.5K01/211.28 mi2, Cunningham Court, Taunton, Somerset TA1 1AR2
£140K09/201.28 mi27, Cunningham Court, Taunton, Somerset TA1 1AR2
£175K09/231.28 mi36, Cunningham Court, Taunton, Somerset TA1 1AR2
£187K01/231.28 mi16, Firepool View, Taunton, Somerset TA1 1PS2
£138K09/231.29 miFlat 42, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£122.5K09/231.29 miFlat 27, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£240K05/211.3 miFlat 50, Vivary House, Kinglake Drive, Taunton, Somerset TA1 3RR2
£122K11/211.3 miFlat 28, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£90K10/231.3 miFlat 7, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£100K10/231.3 miFlat 44, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£95K11/231.3 miFlat 43, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£122.5K08/211.31 miFlat 2, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2

Local Rents

11 rents from £925/mo to £1.5K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,00009/240.03 mi-2
£99509/240.32 miRyburn Close, Taunton TA1 2
£1,15007/240.33 mi-2
£1,10007/240.37 mi-2
£99509/240.41 miBowmont Grove, Taunton2
£1,50002/240.42 mi-2
£1,50002/240.42 mi-2
£1,05009/240.47 miRedlake Drive, Taunton TA12
£95009/240.47 miClover Mead,taunton,somerset2
£92509/240.53 miTyne Park, Taunton, Somerset2
£95009/240.58 miBilberry Grove, TAUNTON2

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.94 miles away

Nearest school

0.20 miles away

Nearest train station

1.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £145,000

December 11, 2024

Sold for £115,000

2020

Floor Plans

Description

  • A FIRST FLOOR APARTMENT WITH NO ONWARD CHAIN +
  • VERY GOOD DECORATIVE ORDER THROUGHOUT +
  • 2 BEDROOMS +
  • SITTING ROOM/DINING ROOM +
  • KITCHEN +
  • FAMILY BATHROOM +
  • GAS CENTRAL HEATING +
  • DOUBLE GLAZING +
  • A SHORT DRIVE FROM THE TOWN AND M5 MOTORWAY +
  • IDEAL FIRST BUY OR INVESTMENT +

Accommodation
Communal front door and staircase to the first floor where a front door opens to:-

Entrance Hall
With access to the loft space, radiator, 2 built-in shelved storage cupboards, airing cupboard, ceiling light, doors to:-

Sitting Room
c.14'5 x 13'5 (4.28m x 3.97m)
With a double glazed window to the front elevation enjoying far reaching views, 2 radiators, ceiling light, door through to:-

Kitchen
c.11'10 x 6'11 (3.38m x 1.86m)
With a double glazed window to the rear elevation, fitted units comprising both floor and wall mounted storage cupboards and drawers, with working surfaces incorporating a single bowl single drainer stainless steel sink unit, space and plumbing for both washing machine and dishwasher, tiling to splash prone areas, radiator, ceiling light.

Bedroom 1
c.14'3 > 11' x 10'11 (4.27m x > 3.35m x 3.08m)
With a double glazed window to the front elevation, again enjoying far-reaching views, radiator, ceiling light.

Bedroom 2
c.8'7 x 7'2 (2.45m x 2.13m)
With a double glazed window to the rear elevation, radiator, ceiling light.

Family Bathroom
With a double glazed window to the rear elevation, a suite comprising of a bath with electric shower over, pedestal wash hand basin, low-level WC, tiling to splash prone areas, radiator, ceiling light.

Outside
There are communal gardens and the property also has a brick built garden store and communal parking.

Council Tax Band :- A

Lease :- 125 years from 2004

Ground rent and maintenance :- £500.00 for the year 23 to 24 may vary (Council)

Construction :- Brick under a tiled roof with double glazing.

Utilities :- mains electric, gas, water and drainage.

Flood Risk :- Surface very low, river and sea very low.

Primary School Catchment :- Holway Park

Secondary School Catchment :- Bishop Fox's

Directions
From Taunton town head out along South Street and continue into Upper Holway Road, the property will be found on the right hand side.

Agent Details

TRG Lawrence & Son, Taunton

01823 211787

Next Steps?

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