3 Bed Terraced House, Refurb/BRRR, Taunton, TA4 2NY, £215,000

4 The Mews, Golden Hill, Wiveliscombe, Taunton, Somerset, TA4 2NY - 2 views - 3 months ago

Refurb/BRRR
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£178K - £558K
Sold Prices/m²£1.4K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£229,500
BMV2%

 

 

End Value (After Refurb)

£294,088

Uplift in Value

+31%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£7,950

Refurb Costs

£38,000

Bridging Loan Interest

£5,644

Total Cash In

£107,094

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£294,088

Agent Fees (1%)

£2,941

Bridging Loan

£161,250

Bridging Loan Interest

£5,644

Flip Profit

£22,803

Local Sold Prices

29 sold prices from £178K to £558K, average is £285K. £1.4K/m² to £4.9K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£530K03/210.01 miLamberts, Hauling Way, Wiveliscombe, Taunton, Somerset TA4 2PP3
£315K02/230.03 mi33, Golden Hill, Wiveliscombe, Taunton, Somerset TA4 2NT3
£205K12/200.07 mi47, Golden Hill, Wiveliscombe, Taunton, Somerset TA4 2NU3
£205K12/200.07 mi47, Golden Hill, Wiveliscombe, Taunton, Somerset TA4 2NU3
£212.5K06/230.09 mi13, Coopers Heights, Wiveliscombe, Taunton, Somerset TA4 2YB3
£305K11/200.09 mi13, Spring Gardens, Wiveliscombe, Taunton, Somerset TA4 2LQ3
£280K12/220.09 mi18, Spring Gardens, Wiveliscombe, Taunton, Somerset TA4 2LQ3
£233K10/220.09 mi9, Market Place, Wiveliscombe, Taunton, Somerset TA4 2PJ3
£385K06/210.11 mi1, Masons Square, Wiveliscombe, Taunton, Somerset TA4 2NS3
£325K12/230.12 mi2, Eastleigh Close, Wiveliscombe, Taunton, Somerset TA4 2LH3
£285K03/240.12 mi16, Style Road, Wiveliscombe, Taunton, Somerset TA4 2LN3
£270K03/210.13 mi8, Church Street, Wiveliscombe, Taunton, Somerset TA4 2LR3
£558K07/230.15 miCollards, Ford Road, Wiveliscombe, Taunton, Somerset TA4 2NJ3
£440K03/240.15 miMorecroft, West Street, Wiveliscombe, Taunton, Somerset TA4 2JP3
£178K04/210.15 mi46, Northgate, Wiveliscombe, Taunton, Somerset TA4 2LF3
£285K02/230.15 mi10, Bollams Mead, Wiveliscombe, Taunton, Somerset TA4 2PH3
£199.9K01/210.15 mi8, Bollams Mead, Wiveliscombe, Taunton, Somerset TA4 2PH3
£235K06/210.22 mi18 Parricks Place, South Street, Wiveliscombe, Taunton, Somerset TA4 2LZ3
£350K10/200.22 mi1a, South Street, Wiveliscombe, Taunton, Somerset TA4 2LZ3
£272K10/230.26 mi46, Plain Pond, Wiveliscombe, Taunton, Somerset TA4 2UD3
£290K10/220.26 mi5, Nordens Meadow, Wiveliscombe, Taunton, Somerset TA4 2JW3
£225.5K05/210.29 mi16, Nordens Meadow, Wiveliscombe, Taunton, Somerset TA4 2JW3
£235K11/200.29 mi12, Nordens Meadow, Wiveliscombe, Taunton, Somerset TA4 2JW3
£212.5K03/210.37 mi3, Kingsmead Close, Wiveliscombe, Taunton, Somerset TA4 2NZ3
£265K03/230.4 miHartswell Garden Cottage, Hartswell, Wiveliscombe, Taunton, Somerset TA4 2NF3
£442K01/230.61 miChilcotts, Langley Cross, Wiveliscombe, Taunton, Somerset TA4 2UQ3
£335K01/210.84 miSpringfield, Langley Marsh, Wiveliscombe, Taunton, Somerset TA4 2UJ3
£312K07/230.84 miHolly Cottage, Langley Marsh, Wiveliscombe, Taunton, Somerset TA4 2UJ3
£405K02/210.95 miSunnyside, Langley Marsh, Wiveliscombe, Taunton, Somerset TA4 2UL3

Local Rents

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

RentDateDistanceAddressBeds 
£72512/230.04 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

9.44 miles away

Nearest school

0.20 miles away

Nearest train station

9 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Price changed to £215,000

January 27, 2025

Listed for £225,000

December 20, 2024

Floor Plans

Description

  • Three Bedrooms +
  • Family Bathroom +
  • Kitchen/Dining Area +
  • Sitting Room +
  • Small Courtyard Area +
  • Parking +
  • No Onward Chain +
  • Freehold +
  • Council Tax C +

Located in a mews setting in the heart of Wiveliscombe, this character cottage, now in need of modernisation. Freehold, Council Tax C. EPC Band D.

Situation - Located in the heart of the town of Wiveliscombe, known for its friendly active community, with a weekly farmers market, the town offers a good range of facilities including supermarket, public houses, vets, library, medical centre, post office and primary and secondary schools together with a community centre. There are excellent sporting facilities including a recreational ground with its heated open air swimming pool, football, rugby and tennis clubs. For a wider selection the County Town of Taunton is within 11 miles with its main line rail link to London Paddington and access to the M5 motorway. The smaller town of Wellington is within 7 miles where further shopping, recreational and scholastic facilities can be found together with additional access to the motorway.

Description - Situated in a delightful Mews in the heart of Wiveliscombe, this character cottage, in need of modernisation, has 3 bedrooms and a family bathroom to the first floor and to the ground floor, a large kitchen/diner and sitting room. Outside is a small walled garden area and parking for two small cars in tandem.

Accommodation - Approaching the property from The Mews at the front of the property, the front door leads into a generously sized sitting room with under-stair storage, stone fireplace and wood burning stove. Kitchen with window to the rear, gas fired boiler, wooden units with solid wood work surfaces over, Belfast sink with tiled splash back, space for a cooker along with other utilities as well as space for a dining table.

Stairs rising from hallway to the first floor with doors to all rooms. Bedroom 1 is a double room with window to rear aspect. Bedroom 2 is a double room with window and built in cupboard. Across the landing is bedroom 3 with window to the front. Family bathroom with bath, wash hand basin with unit below, WC, part tiled walls and window to the rear.

Outside - Access to the front of the cottage is from Golden Hill through The Mews which is an attractive collection of terraced cottages. To the rear of the property there is a back door out of the kitchen which leads to a small area of walled garden and space for parking two small cars in tandem accessed from Golden Hill.

Viewings - Strictly by appointment with the vendor's selling agents, Messrs Stags, Wellington Office.

Services - All mains services. Gas heating. This property has the benefit of ultrafast broadband (Ofcom). Mobile coverage limited inside & outside with Vodafone and, EE. O2 Likely (Ofcom).

Directions - From the centre of Wiveliscombe, proceed along Silver Street and just as you arrive on Golden Hill turn right onto The Mews and No.4 will be found on the left hand side.

The register has several covenants, a copy of which is held in the office. We would recommend any potential purchaser requesting a copy prior to viewing.

Agent Details

Stags, Wellington

01823 217434

Next Steps?

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