2 Bed Flat, Single Let, Taunton, TA1 1NR, £140,000

18 Belvedere Road, Taunton, Somerset, TA1 1NR - 3 months ago

Leasehold
BTL
ROI: 7%
51 m²
+2 photos

ValuationOvervalued

Sold Prices£60K - £215.9K
Sold Prices/m²£1.1K/m² - £6.8K/m²

 

 

Square Metres

51.16 m²
Price/m²£2.7K/m²

Value Estimate

£126,986

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£650 - £1,700

Rent Estimate

£878

Running Costs/mo

£633

Cashflow/mo

£245

Cashflow/yr

£2,939

ROI

7%

Gross Yield

8%

Local Sold Prices

51 sold prices from £60K to £215.9K, average is £138K. £1.1K/m² to £6.8K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£140K10/200.09 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£155K03/230.09 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£122.5K08/210.16 miFlat 2, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£124.6K06/210.16 mi17, Northfield Gardens, Taunton, Somerset TA1 1XN2
£138K09/230.17 miFlat 42, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£122.5K09/230.17 miFlat 27, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£60K11/200.18 mi2, Northfield Gardens, Taunton, Somerset TA1 1XN2
£125K12/200.18 mi23, Northfield Gardens, Taunton, Somerset TA1 1XN2
£215.9K01/230.24 miFlat 10, Elm Park, Elm Grove, Taunton, Somerset TA1 1EH2
£175K06/230.26 miFlat 7, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£176K05/230.26 miFlat 28, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£165K01/230.3 mi2, The Octagon, Taunton, Somerset TA1 1RT2
£128.5K06/210.31 mi3, Rupert Street, Taunton, Somerset TA2 6JT2
£138K04/210.31 mi1, Rupert Street, Taunton, Somerset TA2 6JT2
£138K04/210.31 mi1, Rupert Street, Taunton, Somerset TA2 6JT2
£150K09/230.31 mi9, The Octagon, Taunton, Somerset TA1 1RT2
£136K09/230.32 miGround Floor Flat, 43, William Street, Taunton, Somerset TA2 6HG2
£120K10/200.32 miGround Floor Flat, 43, William Street, Taunton, Somerset TA2 6HG2
£122K11/210.39 miFlat 28, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£90K10/230.39 miFlat 7, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£100K10/230.39 miFlat 44, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£95K11/230.39 miFlat 43, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£211K11/230.4 mi52, Geoffrey Farrant Walk, Taunton, Somerset TA1 1PU2
£148K03/210.41 mi42b, Laburnum Street, Taunton, Somerset TA1 1LB2
£173K12/230.43 miFlat 6, Chamberlain House, Richmond Road, Taunton, Somerset TA1 1EP2
£172K07/210.43 mi4, Firepool View, Taunton, Somerset TA1 1PS2
£187K01/230.43 mi16, Firepool View, Taunton, Somerset TA1 1PS2
£159K11/200.43 mi36, Firepool View, Taunton, Somerset TA1 1PS2
£179K02/210.43 mi28, Firepool View, Taunton, Somerset TA1 1PS2
£125K09/220.44 mi35b, Greenway Road, Taunton, Somerset TA2 6LA2
£115K01/210.44 mi37, Winters Field, Taunton, Somerset TA1 1PY2
£112.5K11/200.45 mi10, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£130K10/210.45 mi39, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£150K04/230.45 mi38, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£160K12/230.45 mi44, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£160K12/230.45 mi44, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£138K03/230.45 mi5, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£147.5K01/210.47 mi2, Cunningham Court, Taunton, Somerset TA1 1AR2
£175K09/230.47 mi36, Cunningham Court, Taunton, Somerset TA1 1AR2
£165K01/230.48 mi35, Cunningham Court, Taunton, Somerset TA1 1AR2
£185K12/230.49 mi29, Firepool View, Taunton, Somerset TA1 1NY2
£180K10/200.49 miFlat 8, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£160K05/210.49 miFlat 4, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£130K06/210.49 miFlat 4, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£137K10/210.5 mi27, Wellesley Street, Taunton, Somerset TA2 7DS2
£110K10/200.5 mi45, Gladstone Street, Taunton, Somerset TA2 6LY2
£125K09/210.5 mi50, Gladstone Street, Taunton, Somerset TA2 6LY2
£133K09/210.5 mi38, Gladstone Street, Taunton, Somerset TA2 6LY2
£156.6K01/230.5 mi39, Gladstone Street, Taunton, Somerset TA2 6LY2
£122K12/200.5 miFlat 8, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£130K03/210.5 miFlat 6, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2

Local Rents

35 rents from £650/mo to £1.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£89509/240.19 miUpper Wood Street, Taunton, TA12
£1,60009/240.19 miCoal Orchard, TAUNTON2
£1,10009/240.19 mi-2
£1,55009/240.22 miCoal Orchard, TAUNTON2
£89509/240.3 mi-2
£1,10009/240.31 miRupert Street, Taunton TA12
£1,20009/240.31 mi-2
£1,50009/240.31 mi-2
£1,70003/250.31 mi-2
£92509/240.32 miThe Octagon, Taunton, Somerset, TA12
£85009/240.32 miMiddle Street, Taunton, TA12
£92509/240.32 miWoodstock Road, Taunton, TA12
£99509/240.32 miPriory Avenue, Taunton2
£85011/240.33 mi-2
£95009/240.36 miTaunton2
£1,10009/240.37 miRichmond Road, TAUNTON2
£75003/250.38 mi-2
£90009/240.43 miRichmond Road 2
£1,10009/240.43 miFirepool View, TAUNTON2
£89509/240.44 miBelgrave Place, Taunton, TA22
£65003/250.47 mi-2
£1,05009/240.49 mi-2
£1,00002/250.49 mi-2
£90009/240.5 miDovetail Court,park Street,taunton2
£95003/250.5 mi-2
£1,10003/250.53 mi-2
£1,20009/240.55 mi-2
£1,20012/240.55 mi-2
£1,20009/240.56 miGloucester Street, TAUNTON2
£1,20009/240.56 miWestgate Street, Taunton, 2
£1,10009/240.56 mi-2
£95009/240.57 miEast Reach, Taunton2
£1,00012/240.58 mi-2
£1,20009/240.61 mi-2
£1,15012/240.61 mi-2

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.50 miles away

Nearest school

0.10 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £140,000

December 25, 2024

Floor Plans

Description

  • Two bedroom +
  • 2nd floor flat +
  • Large open plan living area +
  • Conveniently located +
  • Tenant in situ +

Modern 2 bedroom, second floor flat set in the convenient location within the town centre being sold with tenant in situ.

Modern 2 bedroom second floor flat, situated in a convenient central location. The accommodation comprises an entrance hallway, kitchen, sitting room, 2 bedrooms, bathroom and en-suite. The property benefits from gas central heating.

The property is situated on the north of the town centre in a highly convenient area and with plenty of local facilities. Primary and secondary schooling are both within easy striking distance. French Weir is also close by for walks. This house also has good access to Musgrove Park Hospital and Taunton train station which provides links to Bristol, Exeter and London.

No outside areas with the property

Agent Details

Greenslade Taylor Hunt, Taunton

01823 211774

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪