2 Bed Flat, Single Let, Taunton, TA4 4RH, £145,000

Sir Gilbert Scott Court, Long Street, Williton, TA4 4RH - 2 views - 2 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£97.5K - £707.5K
Sold Prices/m²£1.3K/m² - £1.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£115,143

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

£421 - £1,950

Rent Estimate

£700

Running Costs/mo

£613

Cashflow/mo

£87

Cashflow/yr

£1,043

ROI

2%

Gross Yield

6%

Local Sold Prices

8 sold prices from £97.5K to £707.5K, average is £131.5K. £1.3K/m² to £1.9K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£707.5K12/200.01 mi48 - 50, Long Street, Williton, Taunton, Somerset TA4 4QU2
£140.3K03/230.4 mi2, Blacksmith Close, Williton, Taunton, Somerset TA4 4AX2
£115K06/221.02 miFirst Floor Flat, 14, Churchill Way, Watchet, Somerset TA23 0JQ2
£120K03/221.04 mi12, Culvercliffe Road, Watchet, Somerset TA23 0EW2
£135K05/211.13 miFlat 2, Wristland Court, Wristland Road, Watchet, Somerset TA23 0DN2
£128K03/221.16 mi24, Kingsland, Watchet, Somerset TA23 0UE2
£97.5K01/211.16 mi28, Kingsland, Watchet, Somerset TA23 0UE2
£151.8K05/231.41 mi32, Swain Street, Watchet, Somerset TA23 0AD2

Local Rents

19 rents from £421/mo to £1.9K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£75009/240 mi-2
£75009/240 mi-2
£70009/240 mi-2
£80003/250 mi-2
£72506/230 mi-2
£1,10010/230.05 mi-3
£90010/230.06 mi-3
£80004/240.12 mi-2
£99503/230.21 mi-3
£85003/230.21 mi-2
£80008/240.21 mi-3
£1,00006/230.3 mi-3
£82509/240.39 miFore Street, Williton3
£42109/240.89 mi-1
£99511/240.97 mi-2
£1,95009/241.14 miBrendon Road, Watchet5
£58509/241.35 miAnchor Street, Watchet1
£75003/241.98 mi-2
£1,25011/241.98 mi-3

Local Area Statistics

Population in TA4

19,149

Population in Taunton

85,088

Town centre distance

13.98 miles away

Nearest school

0.30 miles away

Nearest train station

13.42 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £145,000

January 17, 2025

Description

  • IMMACULATE TOP FLOOR APARTMENT +
  • 2 DOUBLE BEDROOMS +
  • LOVELY VIEWS IN ALMOST EVERY DIRECTION +
  • COMMUNAL GARDEN +
  • ALLOCATED OFF ROAD PARKING SPACE +
  • FOR SALE WITH NO ONWARD CHAIN +

Immaculate 2 bedroom top floor apartment enjoying spectacular views in almost every direction! Benefitting from high ceilings and lots of natural light, the apartment offers a great opportunity for a first time buyer or investor. For sale with no onward chain.

Forming part of an historic listed building, the accommodation comprises, entrance hall, triple aspect sitting/dining room with vaulted ceiling, kitchen, 2 double bedrooms and a modern bathroom. Externally there is one allocated off road parking space plus several visitor parking spaces. The apartment also benefits from a well kept communal garden.

Tenure: Leasehold with a share of the freehold. 104 years years remaining on the lease. A new 999 year lease can be issued at the time of sale (subject to terms).
Ground rent £10PA.
Service charge: £616.50 twice a year.

The property is situated on the edge of the village but within a level walk of amenities. Williton has a wide range of facilities including a cottage hospital, medical centre, pharmacy, dentist, vet and library. There is a range of food and other shops as well as a restaurant and local inns. The coastal resort of Minehead is 9 miles to the west and Taunton (15 miles), the county town, provides access to the motorway network and fast trains (from 1 hour 40 minutes) to London. The famous and historic West Somerset Heritage Steam Railway has a station within walking distance of the property.

Agent Details

Red Deer Country, Williton

01984 600350

Next Steps?

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