4 Bed Semi-Detached House, Refurb/BRRR, Taunton, TA1 5EP, £525,000

Bishops Hull Road, Bishops Hull, Taunton, TA1 5EP - 3 months ago

Refurb/BRRR
~172 m²
+27 photos

ValuationUndervalued

Sold Prices£150K - £850K
Sold Prices/m²£1.3K/m² - £5.7K/m²

 

 

Square Metres

~172.43 m²
Price/m²£3K/m²

Value Estimate

£540,750
BMV3%

 

 

End Value (After Refurb)

£556,578

Uplift in Value

+6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£43,700

Refurb Costs

£70,122

Bridging Loan Interest

£13,781

Total Cash In

£260,603

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£556,578

Mortgage (After Refinance)

£417,433

Mortgage LTV

75%

Cash Released

£23,683

Cash Left In

£236,919

Equity

£139,144

Rent Range

£1,050 - £2,999

Rent Estimate

£1,570

Running Costs/mo

£2,073

Cashflow/mo

£-503

Cashflow/yr

£-6,040

Gross Yield

4%

Local Sold Prices

40 sold prices from £150K to £850K, average is £400K. £1.3K/m² to £5.7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£491.5K03/210 mi51, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5EP4
£350K02/210.15 mi68, Quartly Drive, Bishops Hull, Taunton, Somerset TA1 5BF4
£415K04/210.15 mi5, Jarmyns, Bishops Hull, Taunton, Somerset TA1 5HG4
£650K10/230.25 mi17, Haydon Close, Bishops Hull, Taunton, Somerset TA1 5HF4
£465K03/230.25 mi62, Bakers Close, Bishops Hull, Taunton, Somerset TA1 5HD4
£425K12/200.33 mi8, Stonegallows, Taunton, Somerset TA1 5JN4
£315K03/230.34 mi68, Smithy, Bishops Hull, Taunton, Somerset TA1 5DU4
£375K06/210.48 miPenhale, Mountway Close, Bishops Hull, Taunton, Somerset TA1 5LP4
£345K09/210.56 mi98, Wellington Road, Taunton, Somerset TA1 5LA4
£850K06/230.64 mi24, Comeytrowe Lane, Taunton, Somerset TA1 5PA4
£440K04/230.65 mi24, Comeytrowe Rise, Taunton, Somerset TA1 5JA4
£450K01/230.65 mi1, Glasses Mead, Taunton, Somerset TA1 5QH4
£520K09/230.68 mi19, Galmington Lane, Taunton, Somerset TA1 5DG4
£420K02/210.7 mi28, Glasses Mead, Taunton, Somerset TA1 5QH4
£420K02/230.7 mi17, Glasses Mead, Taunton, Somerset TA1 5QH4
£420K02/230.75 mi18, Claremont Drive, Taunton, Somerset TA1 4JF4
£280K05/210.75 mi4, Lloyd Close, Taunton, Somerset TA1 5QU4
£430K09/230.75 mi6, Claremont Drive, Taunton, Somerset TA1 4JF4
£400K03/230.75 mi14, Claremont Drive, Taunton, Somerset TA1 4JF4
£410K01/210.79 mi38, Ashley Road, Taunton, Somerset TA1 5BP4
£377.8K03/210.8 mi22, Ashley Road, Taunton, Somerset TA1 5BP4
£383K10/230.81 mi6, Bovet Close, Taunton, Somerset TA1 4NY4
£395K11/210.83 mi9, Wiltshire Close, Taunton, Somerset TA1 4JR4
£350K01/230.88 mi2, Bowfell Close, Taunton, Somerset TA1 4JP4
£425K12/220.88 mi51, Port Stanley Close, Norton Fitzwarren, Taunton, Somerset TA2 6FD4
£150K06/210.89 mi128, Galmington Road, Taunton, Somerset TA1 5DW4
£540K04/210.92 mi8, Parkfield Drive, Taunton, Somerset TA1 5BT4
£350K12/210.96 mi13, Langham Drive, Taunton, Somerset TA1 4LJ4
£485K07/210.96 mi16, Parkfield Drive, Taunton, Somerset TA1 5BT4
£310K06/210.97 mi48, Collett Road, Norton Fitzwarren, Taunton, Somerset TA2 6DD4
£350K12/230.97 mi46, Collett Road, Norton Fitzwarren, Taunton, Somerset TA2 6DD4
£330K07/230.97 mi48, Collett Road, Norton Fitzwarren, Taunton, Somerset TA2 6DD4
£555K06/210.97 mi12, Manor Road, Taunton, Somerset TA1 5BD4
£400K03/230.97 mi2, Kingsley Close, Taunton, Somerset TA1 4LQ4
£320K07/230.98 mi12, Hudson Way, Taunton, Somerset TA2 6UH4
£320K07/230.98 mi12, Hudson Way, Taunton, Somerset TA2 6UH4
£380K10/200.98 miKernow House, 15, Dabinett Close, Norton Fitzwarren, Taunton, Somerset TA2 6RT4
£425K12/220.99 mi21, Manor Road, Taunton, Somerset TA1 5BG4
£220K12/200.99 mi36, Dragon Rise, Taunton, Somerset TA2 6FB4
£258K11/201 mi12, Taylor Close, Norton Fitzwarren, Taunton, Somerset TA2 6TA4

Local Rents

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

RentDateDistanceAddressBeds 
£2,10006/230.68 mi-4
£2,99909/240.68 miStonegallows, Taunton, Somerset, TA15
£1,50009/240.78 miTaunton, TA13
£1,30009/240.81 mi-3
£1,75009/240.82 miManor Orchard, Taunton, TA13
£1,60009/240.97 miCollett Road, Norton Fitzwarren, TAUNTON4
£1,25010/230.97 mi-4
£1,70009/241.01 miGrove Gate 4
£1,30009/241.04 miHele Manor Barns, Hele, Taunton, TA43
£1,05009/241.05 miHele Manor Barns, Taunton, TA43
£1,70003/251.06 mi-4
£1,25009/241.06 miRichmond Road, Taunton, TA13
£1,27511/241.1 mi-3
£1,15009/241.1 mi-3
£2,00009/241.11 miFrench Weir Avenue 5
£1,30006/241.11 mi-3
£1,35009/241.13 miWoodstock Road3
£1,35009/241.15 miBradford Close, Taunton, Somerset, TA13
£1,90012/241.16 mi-3

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

1.68 miles away

Nearest school

0.20 miles away

Nearest train station

1.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £525,000

February 16, 2025

Listed for £575,000

December 26, 2024

Floor Plans

Description

  • Impressive village house +
  • Four bedrooms +
  • Two reception rooms +
  • Kitchen/breakfast room +
  • Utility and cloakroom +
  • Separate workroom/office +
  • Landscaped gardens +
  • Driveway and off road parking +
  • Council Tax band E +
  • Freehold +

An attractive Grade II Listed period house with generous landscaped gardens set in the heart of this prosperous village. Council Tax band E, EPC exempt due to listing, Freehold.

Situation - The village of Bishops Hull benefits from facilities including a popular primary school, village hall, pub and village shops. Taunton is the County Town and benefits from excellent transportation links with fast rail services to London Paddington as well as access to the M5 interchange at Junction 25. There are excellent scholastic facilities locally with 4 noted public schools together with a Sixth Form College.

Description - Laurel House is an attractive 17th century Grade II Listed attached village house which stands in the centre of Bishops Hull. The house is believed to have origins dating back to the 17th century and includes period features and has versatile and well proportioned accommodation arranged over two floors. The house has off road parking for a number of vehicles and includes a superbly landscaped gardens with an office/studio which could be converted further for a variety of uses subject to planning consent.

Accommodation - The accommodation includes a front door leading in to an entrance hallway with wide staircase leading to the first floor and doors to either side leading to the reception rooms. The sitting room has French doors leading out on to the rear garden and window to front; there is an open fireplace with inset wood burning stove and an attractive surround and exposed wooden floors. The dining room has French doors opening out on to the rear garden with window to the front and an open fireplace, exposed wooden floors. The kitchen is fitted with a range of matching wall and base units and includes quarry tile floor, double drainer sink unit, space for cooker and space for fridge/freezer. There is a separate utility area with a second staircase leading to a bedroom, door to rear garden and door to downstairs cloakroom.

On the first floor, in the main part of the house, there are three good sized bedrooms and a fitted family bathroom suite. Accessed via the second staircase is a further bedroom/studio with dual aspect windows. The house offers well proportioned accommodation, but is now in need of some general improvement and as such would make a superb family house.

Outside - At the front of the house there is a large gravel parking area enclosed to the front by conifer hedging which provides a good degree of privacy. The rear garden is a delightful feature of the property and is lovingly landscaped over the years and is predominantly laid to lawn with planted herbaceous borders, box hedging, a number of fruit trees and other specimen shrubs and plants. Within the garden is an office/studio with twin Velux windows and further window overlooking the rear garden - this could be used for a variety of uses subject to the necessary planning consent. There is a tool shed attached to the back of the property and a veranda runs along the rear of the house.

Services - Mains gas, electricity, water and drainage. Gas central heating. Ultrafast broadband available (Ofcom), Mobile signal likely available outdoors (Ofcom). Please note the agents have not inspected or tested the services.

Directions - From the traffic lights on Silk Mills Road turn left into Bishop's Hull, continue past the church and The Meryan House Hotel, bearing left Laurel House can be identified on the right hand side after a short distance.

Agent Details

Stags, Taunton

01823 217460

Next Steps?

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