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

25 Gatehouse Court, Taunton, Somerset, TA1 1RX - 2 months ago

Leasehold
BTL
ROI: 7%
48 m²
+5 photos

ValuationOvervalued

Sold Prices£60K - £295K
Sold Prices/m²£1.1K/m² - £6.8K/m²

 

 

Square Metres

48 m²
Price/m²£2.9K/m²

Value Estimate

£122,069

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

£850 - £2,700

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 £295K, average is £140K. £1.1K/m² to £6.8K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£138K03/230.05 mi5, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£130K10/210.07 mi39, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£150K04/230.07 mi38, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£160K12/230.07 mi44, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£160K12/230.07 mi44, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£112.5K11/200.07 mi10, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£148K03/210.11 mi42b, Laburnum Street, Taunton, Somerset TA1 1LB2
£143K10/230.17 miFlat 8, Trinity Gate, Queen Street, Taunton, Somerset TA1 3DS2
£150K09/230.19 mi9, The Octagon, Taunton, Somerset TA1 1RT2
£165K01/230.19 mi2, The Octagon, Taunton, Somerset TA1 1RT2
£295K11/210.26 miFlat 7, Annecy Court, St Josephs Field, Taunton, Somerset TA1 3TE2
£250K02/210.28 miFlat 5, Annecy Court, St Josephs Field, Taunton, Somerset TA1 3TE2
£202.5K03/240.28 miAnnecy Court, Flat 9, St Josephs Field, Taunton, Somerset TA1 3TE2
£115K01/210.31 mi37, Winters Field, Taunton, Somerset TA1 1PY2
£155K02/210.31 mi33, Trinity Road, Taunton, Somerset TA1 3JJ2
£138K09/230.37 miFlat 42, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£122.5K09/230.37 miFlat 27, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£211K11/230.37 mi52, Geoffrey Farrant Walk, Taunton, Somerset TA1 1PU2
£122.5K08/210.38 miFlat 2, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£120K07/210.41 miFlat 6, Vivary Gate, Upper High Street, Taunton, Somerset TA1 3PX2
£160K05/230.41 miFlat 12, Vivary Gate, Upper High Street, Taunton, Somerset TA1 3PX2
£185K12/230.47 mi29, Firepool View, Taunton, Somerset TA1 1NY2
£159K11/200.47 mi36, Firepool View, Taunton, Somerset TA1 1PS2
£179K02/210.47 mi28, Firepool View, Taunton, Somerset TA1 1PS2
£172K07/210.47 mi4, Firepool View, Taunton, Somerset TA1 1PS2
£172.5K08/230.48 mi50, Firepool Crescent, Taunton, Somerset TA1 1AT2
£122K11/210.48 miFlat 28, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£90K10/230.48 miFlat 7, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£100K10/230.48 miFlat 44, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£95K11/230.48 miFlat 43, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£187K01/230.48 mi16, Firepool View, Taunton, Somerset TA1 1PS2
£100K01/230.5 miFlat 1, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£147.5K01/210.5 mi2, Cunningham Court, Taunton, Somerset TA1 1AR2
£175K09/230.5 mi36, Cunningham Court, Taunton, Somerset TA1 1AR2
£165K01/230.5 mi35, Cunningham Court, Taunton, Somerset TA1 1AR2
£105K08/230.5 miFlat 8, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£90K12/230.5 miFlat 13, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£140K10/200.58 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£155K03/230.58 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£124.6K06/210.58 mi17, Northfield Gardens, Taunton, Somerset TA1 1XN2
£130K06/210.58 miFlat 4, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£122K12/200.59 miFlat 8, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£130K03/210.59 miFlat 6, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£105K06/210.59 mi11c, Park Street, Taunton, Somerset TA1 4DF2
£60K11/200.61 mi2, Northfield Gardens, Taunton, Somerset TA1 1XN2
£120K06/210.61 miFlat 2, Turkey Court, Vivary Road, Taunton, Somerset TA1 3JN2
£125K12/200.62 mi23, Northfield Gardens, Taunton, Somerset TA1 1XN2
£130K12/210.63 mi3a, Hamilton Court, Taunton, Somerset TA1 2PA2
£125K02/230.63 mi3b, Hamilton Court, Taunton, Somerset TA1 2PA2
£155K02/230.63 mi2b, Hamilton Court, Taunton, Somerset TA1 2PA2
£175K06/230.64 miFlat 7, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2

Local Rents

33 rents from £850/mo to £2.7K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£95009/240.07 miEast Reach, Taunton2
£1,00012/240.08 mi-2
£1,10003/250.1 mi-2
£1,20009/240.11 mi-2
£1,20012/240.11 mi-2
£1,20009/240.12 miGloucester Street, TAUNTON2
£1,20009/240.13 mi-2
£85009/240.18 miMiddle Street, Taunton, TA12
£92509/240.18 miThe Octagon, Taunton, Somerset, TA12
£1,50009/240.2 mi-2
£1,70003/250.2 mi-2
£99509/240.22 miPriory Avenue, Taunton2
£95009/240.22 miTaunton2
£85011/240.24 mi-2
£1,55009/240.29 miCoal Orchard, TAUNTON2
£1,60009/240.31 miCoal Orchard, TAUNTON2
£2,70009/240.42 mi-2
£2,70011/240.42 mi-2
£2,70002/250.42 mi-2
£2,70003/250.42 mi-2
£2,70009/240.43 mi-2
£2,70012/240.43 mi-2
£2,70002/250.43 mi-2
£2,70003/250.43 mi-2
£1,10009/240.47 miFirepool View, TAUNTON2
£1,10009/240.52 mi-2
£1,10009/240.52 mi-2
£89509/240.57 miUpper Wood Street, Taunton, TA12
£1,05009/240.57 mi-2
£1,00002/250.57 mi-2
£95003/250.58 mi-2
£1,20009/240.59 miWestgate Street, Taunton, 2
£90009/240.59 miDovetail Court,park Street,taunton2

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.10 miles away

Nearest school

0.20 miles away

Nearest train station

0.58 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

January 21, 2025

Floor Plans

Description

  • Well presented +
  • Conveniently located +
  • 2 double bedrooms +
  • Modern building +

A well-presented second floor 2 bedroom flat. Conveniently located in the centre of the town which is an ideal first time buy or an investment property with tenant currently in situ.

This top floor 2 bed apartment was constructed in 2007 by Summerfield Developments. You enter the building through a front entrance that has a security phone system, the communal ground floor hallway is fully carpeted with a stairway leading to the first and second floor. The door to this apartment leads into a hallway which has doors to two bedrooms, a toilet/bathroom and then into an open plan living/dining/kitchen area.

Taunton is the county town of Somerset, and the property is located within a short walk of its town center which provides extensive amenities along with easy access to the M5 motorway and only a ten minute walk to the mainline city rail link. It’s just a 4 minute walk to Somerset Cricket Ground.

Agent Details

Greenslade Taylor Hunt, Taunton

01823 211774

Next Steps?

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