4 Bed Bungalow, Refurb/BRRR, Taunton, TA4 2LD, £385,000

Greenway Way Lane, Wiveliscombe, Taunton, Somerset, TA4 2LD - 2 months ago

Sold STC
Refurb/BRRR
~162 m²
+16 photos

ValuationFair Value

Sold Prices£173K - £690K
Sold Prices/m²£1.6K/m² - £5.9K/m²

 

 

Square Metres

~162.10 m²
Price/m²£2.4K/m²

Value Estimate

£385,000

 

 

End Value (After Refurb)

£512,599

Uplift in Value

+33%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£29,700

Refurb Costs

£66,234

Bridging Loan Interest

£10,106

Total Cash In

£204,041

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£512,599

Agent Fees (1%)

£5,126

Bridging Loan

£288,750

Bridging Loan Interest

£10,106

Flip Profit

£14,682

Local Sold Prices

18 sold prices from £173K to £690K, average is £332.5K. £1.6K/m² to £5.9K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£520K01/210.13 mi46, North Street, Wiveliscombe, Taunton, Somerset TA4 2LA4
£288K09/230.2 mi15, Dixon Close, Wiveliscombe, Taunton, Somerset TA4 2BT4
£300K04/240.32 mi19, High Street, Wiveliscombe, Taunton, Somerset TA4 2JX4
£455K09/230.39 miThe Jays, Burges Lane, Wiveliscombe, Taunton, Somerset TA4 2NP4
£173K06/210.42 miBobtail Cottage, 29, Church Street, Wiveliscombe, Taunton, Somerset TA4 2LT4
£495K12/200.42 mi5, Ford Road, Wiveliscombe, Taunton, Somerset TA4 2NJ4
£490K01/230.46 mi4, Beech Tree Close, Wiveliscombe, Taunton, Somerset TA4 2PE4
£319K06/210.5 mi27, Lion D'angers, Wiveliscombe, Taunton, Somerset TA4 2PN4
£275K06/210.5 mi21, Lion D'angers, Wiveliscombe, Taunton, Somerset TA4 2PN4
£318K09/210.5 mi38, Lion D'angers, Wiveliscombe, Taunton, Somerset TA4 2PN4
£345K08/230.5 mi17, Lion D'angers, Wiveliscombe, Taunton, Somerset TA4 2PN4
£340K08/230.5 mi36, Lion D'angers, Wiveliscombe, Taunton, Somerset TA4 2PN4
£322K01/210.55 mi24, Nordens Meadow, Wiveliscombe, Taunton, Somerset TA4 2JW4
£325K03/210.55 mi57, Nordens Meadow, Wiveliscombe, Taunton, Somerset TA4 2JW4
£345K07/210.55 mi25, Nordens Meadow, Wiveliscombe, Taunton, Somerset TA4 2JW4
£315K02/210.59 miMayfield, Langley Marsh, Wiveliscombe, Taunton, Somerset TA4 2UJ4
£467.5K03/210.68 miMarsh House, Langley Marsh, Wiveliscombe, Taunton, Somerset TA4 2UL4
£690K10/233 miHillandale, Tolland, Lydeard St Lawrence, Taunton, Somerset TA4 3PW4

Local Rents

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

RentDateDistanceAddressBeds 
£72512/230.31 mi-2
£1,10009/240.39 miWiveliscombe 3
£1,45009/241.97 miFitzhead, Taunton4

Local Area Statistics

Population in TA4

19,149

Population in Taunton

85,088

Town centre distance

9.69 miles away

Nearest school

0.10 miles away

Nearest train station

9.13 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £385,000

January 23, 2025

Floor Plans

Description

  • NO CHAIN +
  • Extended Chalet Bungalow +
  • Four Bedrooms +
  • Living Room & Kitchen/Diner +
  • Two Potential Offices +
  • Gas Central Heating +
  • Drive +
  • Large Gardens +
  • Town & Rural Views +

We are delighted to offer for sale this prominent bungalow with no ongoing chain on the western edge of Wiveliscombe.

The property enjoys a slightly elevated position, giving it a pleasant open outlook over roof tops to the greenery surrounding Wiveliscombe.

A spacious hall leads to a triple aspect living room with log burner and a dual aspect kitchen/dining room. There is access from the hall to two shower rooms and two double bedrooms.

The room in the roof extension has two double bedrooms and a small home office. Behind the kitchen is a pantry and utility room and steps up to a home office above the large, integral single garage.

The property has a gas fired central heating system and some replacement double glazing. The property does require some modernisation.

Outside, there is a large garden and terrace and a drive with parking for several vehicles.

The Wiveliscombe area is the best kept secret in Somerset with rolling green hills and peaceful unspoilt countryside, whilst maintaining excellent access to communities in Taunton, 11 miles with main line railway station and M5 access junction 25 and Wellington junction 26 is 7 miles from Wiveliscombe.

Wiveliscombe town offers an unusually wide range of services including post office, doctors surgery, vets, chiropodist, library, churches, public houses, community office, primary and secondary schools with excellent reputations and a recreation ground with heated outdoor swimming pool, cricket and rugby pitches and tennis courts.

Exmoor National Park is close at hand as well as the Quantock and Brendon hills providing open country for walking, riding, mountain biking and access to the beautiful West Somerset coastline.

Services: Mains gas, electricity, water and drainage are connetced.

Tenure: Freehold
Council Tax Band: F
Local Authority: Somerset Council
From our office proceed into the square and proceed along North Street. Go past the primary school and Tuckers Meadow and take the next left hand turn and the drive to Greenleigh will be found behind the cottage, clearly marked by our for sale sign (TA4 2LD).

What3words: Using What3words Smart Phone App. For those who already use this Geolocation App device for your smartphone – Type in the following three words: galloping.puffed.spoil.

Agent Details

Webbers Property Services, Wiveliscombe

01984 600325

Next Steps?

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