3 Bed Semi-Detached House, Refurb/BRRR, Taunton, TA1 2ES, £330,000

86 Hamilton Road, Taunton, Somerset, TA1 2ES - 2 views - 3 months ago

Refurb/BRRR
Planning
ROI: 4%
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£184.5K - £370K
Sold Prices/m²£2.1K/m² - £4.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£288,418

 

 

End Value (After Refurb)

£315,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£15,100

Refurb Costs

£37,820

Bridging Loan Interest

£8,663

Total Cash In

£145,833

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£315,000

Mortgage (After Refinance)

£236,250

Mortgage LTV

75%

Cash Left In

£145,833

Equity

£78,750

Rent Range

£1,150 - £2,950

Rent Estimate

£1,932

Running Costs/mo

£1,391

Cashflow/mo

£541

Cashflow/yr

£6,495

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £184.5K to £370K, average is £250K. £2.1K/m² to £4.2K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£300K11/200.06 mi48, Hamilton Road, Taunton, Somerset TA1 2ES3
£237K09/210.09 mi54, Calder Crescent, Taunton, Somerset TA1 2NH3
£250K10/200.09 mi51, Calder Crescent, Taunton, Somerset TA1 2NH3
£280K09/230.09 mi6, Calder Crescent, Taunton, Somerset TA1 2NH3
£315K09/210.11 mi27, Bridgwater Road, Taunton, Somerset TA1 2DP3
£250K05/230.11 mi43, Bridgwater Road, Taunton, Somerset TA1 2DP3
£228K10/200.11 mi9, Kennet Grove, Taunton, Somerset TA1 2NT3
£290K10/200.12 mi10, Bridgwater Road, Taunton, Somerset TA1 2DS3
£320K11/200.12 mi12, Bridgwater Road, Taunton, Somerset TA1 2DS3
£345K02/240.12 mi12, Bridgwater Road, Taunton, Somerset TA1 2DS3
£250K06/210.12 mi4, Medway Close, Taunton, Somerset TA1 2NS3
£217K03/230.13 mi40, Charles Crescent, Taunton, Somerset TA1 2XN3
£278K09/230.14 mi14, Medway Close, Taunton, Somerset TA1 2NS3
£210K04/230.15 mi23, Charles Crescent, Taunton, Somerset TA1 2XW3
£263K09/210.16 mi16, Derwent Grove, Taunton, Somerset TA1 2NJ3
£297K03/210.17 mi125, Hamilton Road, Taunton, Somerset TA1 2EP3
£370K10/200.17 mi111, Hamilton Road, Taunton, Somerset TA1 2EP3
£218.5K12/200.18 mi95, Thames Drive, Taunton, Somerset TA1 2TE3
£235K12/200.2 mi2, Leadon Grove, Taunton, Somerset TA1 2NX3
£240K03/240.22 mi33, Chelmer Close, Taunton, Somerset TA1 2TB3
£190K01/210.25 mi32, Newton Road, Taunton, Somerset TA1 2XG3
£237K12/230.29 mi37, Russett Road, Taunton, Somerset TA1 2XE3
£234.5K11/220.29 mi52, Laxton Road, Taunton, Somerset TA1 2XB3
£246K06/210.29 mi23, Bloomfield Close, Taunton, Somerset TA1 2EN3
£230K03/210.29 mi37, Bloomfield Close, Taunton, Somerset TA1 2EN3
£285K09/230.29 mi27, Bloomfield Close, Taunton, Somerset TA1 2EN3
£250K12/220.29 mi70, Severn Drive, Taunton, Somerset TA1 2PW3
£229K12/200.29 mi58, Severn Drive, Taunton, Somerset TA1 2PW3
£258K01/230.29 mi68, Severn Drive, Taunton, Somerset TA1 2PW3
£210K10/200.3 mi37, Bramley Road, Taunton, Somerset TA1 2XJ3
£305.9K09/210.3 mi25, Ashbourne Crescent, Taunton, Somerset TA1 2RA3
£240K12/200.34 mi10, Tyne Park, Taunton, Somerset TA1 2RP3
£258K04/210.34 mi4, Lynor Close, Taunton, Somerset TA1 2RX3
£236K06/210.35 mi5, Laxton Road, Taunton, Somerset TA1 2UW3
£234K10/230.35 mi50, Tyne Park, Taunton, Somerset TA1 2RP3
£285K08/230.36 mi26, Bowmont Grove, Taunton, Somerset TA1 2RF3
£220K09/230.36 mi73, Hamilton Road, Taunton, Somerset TA1 2EL3
£192K02/210.37 mi52, Lisieux Way, Taunton, Somerset TA1 2JZ3
£260K05/230.37 mi2, Creechberry Orchard, Taunton, Somerset TA1 2EX3
£265K04/230.37 mi12, Creechberry Orchard, Taunton, Somerset TA1 2EX3
£285K05/230.37 mi16, Creechberry Orchard, Taunton, Somerset TA1 2EX3
£270K11/230.37 mi15, Redlake Drive, Taunton, Somerset TA1 2RU3
£255K09/230.37 mi103, Redlake Drive, Taunton, Somerset TA1 2RU3
£277K03/230.37 mi93, Redlake Drive, Taunton, Somerset TA1 2RU3
£193.5K03/210.38 mi81, Ashbourne Crescent, Taunton, Somerset TA1 2RA3
£245K04/240.38 mi89, Ashbourne Crescent, Taunton, Somerset TA1 2RA3
£235K06/230.38 mi15, Ashbourne Crescent, Taunton, Somerset TA1 2RA3
£184.5K09/210.39 mi7, Barrow Drive, Taunton, Somerset TA1 2UU3
£292.5K03/240.41 mi5, Blackbrook Road, Taunton, Somerset TA1 2UR3
£233.5K12/200.41 mi83, Normandy Drive, Taunton, Somerset TA1 2LE3

Local Rents

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

RentDateDistanceAddressBeds 
£1,35009/240.18 miThames Drive, Taunton3
£1,35009/240.37 miCreechberry Orchard, Taunton3
£1,20009/240.38 miAshbourne Crescent, Taunton3
£1,25009/240.4 miAshbourne Crescent, Taunton3
£1,15009/240.47 miBeadon Road, TAUNTON3
£1,20009/240.52 miParmin Way, TA1 3
£2,70009/240.66 mi-3
£2,70012/240.66 mi-3
£2,70002/250.66 mi-3
£2,70003/250.66 mi-3
£1,40009/240.66 mi-3
£1,32509/240.67 miPoplar Road, Taunton TA13
£1,40008/240.83 mi-3
£1,30009/240.91 miFirepool Crescent, Taunton3
£1,30009/240.91 miFirepool Crescent, Taunton3
£2,95002/240.91 mi-3
£2,95009/240.91 mi-3
£2,95009/240.91 mi-3
£2,95009/240.91 mi-3
£2,95009/240.91 mi-3
£2,95007/240.91 mi-3
£2,95008/240.91 mi-3
£2,95002/250.91 mi-3
£2,95003/250.91 mi-3
£1,30011/241.11 mi-3
£1,30009/241.12 miEaton Crescent, Taunton3
£1,30009/241.16 miThe Shaulders, Taunton, 3
£1,20009/241.21 miStandfast Place, Taunton, TA23
£1,15007/241.22 mi-3

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

1.08 miles away

Nearest school

0.20 miles away

Nearest train station

1.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £330,000

January 24, 2025

Floor Plans

Description

  • 3 double bedrooms +
  • Planning permission for gf extension +
  • Large driveway and garage +
  • Large rear garden +
  • In need of renovation +
  • Gas central heating +
  • Double glazing +

A larger than average 1930’s three bed semi-detached family home requiring some updating. No onward chain.

A 3 bedroom 1930's semi detached home in need of renovation. The property currently has planning permission for a substantial rear extension. The property, in walking distance of the town centre, comprises an integral garage, porch, large hallway, dining room, extended lounge and kitchen. Stairs lead to the first floor where there are three double bedrooms, a shower room and separate W.C.

The property is situated on the north eastern edge of the town with convenient access to both the town centre, the dual carriageway, Bridgwater Road (A38) and the M5 motorway at Junction 25 Blackbrook. Taunton is easily accessible and provides an extensive range of shopping, educational, sporting and cultural facilities together with a mainline intercity rail link.

Outside the property is approached via a service road onto its large tarmacadam driveway. The large rear garden has a raised patio area ideal for alfresco dining and entertainment. The rest is mainly set to lawn with mature borders.

Agent Details

Greenslade Taylor Hunt, Taunton

01823 211774

Next Steps?

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