2 Bed Flat, Single Let, Taunton, TA4 2PP, £199,950

Hauling Way, Wiveliscombe, Taunton, Somerset, TA4 2PP - 1 views - 4 months ago

Leasehold
BTL
~117 m²
+7 photos

ValuationFair Value

Sold Prices£105K - £220K
Sold Prices/m²£2.7K/m² - £3.1K/m²

 

 

Square Metres

~116.60 m²
Price/m²£1.7K/m²

Value Estimate

£196,750

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£49,988

Stamp Duty & Legal Fees

£11,198

Total Cash In

£61,185

 

 

Cash Out

 

Rent Range

£725 - £1,450

Rent Estimate

£725

Running Costs/mo

£790

Cashflow/mo

£-65

Cashflow/yr

£-778

Gross Yield

4%

Local Sold Prices

5 sold prices from £105K to £220K, average is £178.5K.

PriceDateDistanceAddressBeds 
£215K12/200 miGarden Flat, The Oast House, Hauling Way, Wiveliscombe, Taunton, Somerset TA4 2PP2
£178.5K10/230.1 mi5, Market Place, Wiveliscombe, Taunton, Somerset TA4 2PJ2
£105K01/220.13 miFlat 9, London House, West Street, Wiveliscombe, Taunton, Somerset TA4 2JP2
£120K03/220.15 miFlat 6, London House, West Street, Wiveliscombe, Taunton, Somerset TA4 2JP2
£220K07/230.61 miFlat 4, Abbotsfield, Wiveliscombe, Taunton, Somerset TA4 2SU2

Local Rents

3 rents from £725/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£72512/230.02 mi-2
£1,10009/240.17 miWiveliscombe 3
£1,45009/241.82 miFitzhead, Taunton4

Local Area Statistics

Population in TA4

19,149

Population in Taunton

85,088

Town centre distance

9.43 miles away

Nearest school

0.20 miles away

Nearest train station

8.99 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £199,950

December 13, 2024

Floor Plans

Description

  • NO CHAIN +
  • Two Double Bedroom Apartment +
  • Walking Distance to Town +
  • Economy 7 Heating +
  • Large Lounge/Dining Room +
  • Kitchen +
  • Double Glazing +
  • Communal Garden +
  • Allocated Parking +

We are delighted to offer for sale this rarely available apartment in the popular Malthouse development.

This is part of the former brewery and each resident has a private gate key for access via the communal gate, giving level easy access to Wiveliscombe Square and all its facilities.

The accommodation comprises an entrance into a private hall with two storage cupboards. From here, there is access to a large lounge/dining room at the south side of the property with rear window.

There is a well equipped kitchen with space for all the necessary appliances and two double bedrooms, one with a smart shower room (both with built in wardrobes) and bathroom.

The property benefits from electric heaters, double glazed windows and is in good decorative order.

There is an allocated parking space immediately outside the development and residents have use of the communal garden which is 100 yards from the entrance to the building.

The apartments are Leasehold for a term of 999 years from the 25th December 1988. The vendor advises us that the current monthly contribution is £75 per month.

The Wiveliscombe area is the best kept secret in Somerset with rolling green hills and peaceful unspoilt countryside, whilst maintaining excellent access to communities in Taunton, 11 miles with main line railway station and M5 access junction 25 and Wellington junction 26 is 7 miles from Wiveliscombe.

Wiveliscombe town offers an unusually wide range of services including post office, doctors surgery, vets, chiropodist, library, churches, public houses, community office, primary and secondary schools with excellent reputations and a recreation ground with heated outdoor swimming pool, cricket and rugby pitches and tennis courts.

Exmoor National Park is close at hand as well as the Quantock and Brendon hills providing open country for walking, riding, mountain biking and access to the beautiful West Somerset coastline.

Services: Mains electricity, water and drainage are connected.

Tenure: Leasehold
Council Tax Band: C
Local Authority: Somerset Council
One can approach The Malthouse on foot from our office along Silver Street, onto Golden Hill and through the private gate on the right hand side.

Alternatively, by car, one approaches via Hauling Way and turn left onto The Old Brewery site and drive right to the top (beneath the tower and chimney) where you will find the property (TA4 2PP).

What3words: Using What3words Smart Phone App. For those who already use this Geolocation App device for your smartphone – Type in the following three words: brother.spinners.invite.

Agent Details

Webbers Property Services, Wiveliscombe

01984 600325

Next Steps?

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