2 Bed Flat, Single Let, Taunton, TA4 4QU, £125,000

Long Street, Williton, Taunton, Somerset, TA4 4QU - 2 views - 2 months ago

Leasehold
BTL
ROI: 5%
~68 m²
+1 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£115,143

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£421 - £1,950

Rent Estimate

£700

Running Costs/mo

£551

Cashflow/mo

£149

Cashflow/yr

£1,793

ROI

5%

Gross Yield

7%

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 
£140.3K03/230.19 mi2, Blacksmith Close, Williton, Taunton, Somerset TA4 4AX2
£707.5K12/200.23 mi48 - 50, Long Street, Williton, Taunton, Somerset TA4 4QU2
£115K06/221.03 miFirst Floor Flat, 14, Churchill Way, Watchet, Somerset TA23 0JQ2
£120K03/221.13 mi12, Culvercliffe Road, Watchet, Somerset TA23 0EW2
£135K05/211.21 miFlat 2, Wristland Court, Wristland Road, Watchet, Somerset TA23 0DN2
£128K03/221.25 mi24, Kingsland, Watchet, Somerset TA23 0UE2
£97.5K01/211.25 mi28, Kingsland, Watchet, Somerset TA23 0UE2
£151.8K05/231.45 mi32, Swain Street, Watchet, Somerset TA23 0AD2

Local Rents

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

RentDateDistanceAddressBeds 
£82509/240.16 miFore Street, Williton3
£80004/240.17 mi-2
£1,00006/230.17 mi-3
£99503/230.18 mi-3
£85003/230.18 mi-2
£80008/240.18 mi-3
£90010/230.18 mi-3
£1,10010/230.24 mi-3
£75009/240.24 mi-2
£75009/240.24 mi-2
£70009/240.24 mi-2
£80003/250.24 mi-2
£72506/230.24 mi-2
£42109/240.93 mi-1
£99511/241.07 mi-2
£1,95009/241.1 miBrendon Road, Watchet5
£58509/241.38 miAnchor Street, Watchet1
£75003/241.75 mi-2
£1,25011/241.75 mi-3

Local Area Statistics

Population in TA4

19,149

Population in Taunton

85,088

Town centre distance

14.01 miles away

Nearest school

0.30 miles away

Nearest train station

13.46 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £125,000

January 24, 2025

Floor Plans

Description

  • First Floor Flat +
  • Living room with kitchen +
  • 2 double bedrooms +
  • Bathroom +
  • Electric heating +
  • Off Road Parking +
  • Walking distance from shops +
  • NO CHAIN +

This well proportioned 2 bedroom first floor apartment is situated in a convenient level location within walking distance of the shops and with off road parking.

The apartment forms part of a three storey stone built detached residence divided into 4 self contained apartments with commercial premises on the ground floor.

The apartment in brief comprises; communal entrance hall with stairs and landings to first floor, private hall, living room with views to the rear over a recreation ground and with modern fitted kitchen with stainless steel single drainer sink unit and integrated appliances to include electric hob, oven, extractor hood, storage heater and laminate flooring. There are two bedrooms and a bathroom fitted with a three piece white and chrome suite comprising; bath set in a part tiled surround, low level W.C. pedestal wash basin and vinyl floor covering,

Outside to the rear of the building the property has the benefit of an off road parking space

Tenure
Leasehold - term to be advised.

Services
Mains water, drainage and electricity.

.
From Minehead proceed towards Williton on the A39 passing through the villages of Carhampton, Bilbrook and Washford. On entering the village of Williton, turn left at the mini-roundabout towards Bridgwater following the road around to the right and into Long Street. Proceed for a couple of hundred yards where the property will be found on the right hand side.

Agent Details

Webbers Property Services, Minehead

01643 802295

Next Steps?

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