3 Bed Semi-Detached House, Planning Permission, Taunton, TA1 5DU, £160,000

Smithy, Bishops Hull, Taunton, TA1 5DU - 2 months ago

Sold STC
Auction
Planning
ROI: 3%
~93 m²
+27 photos

ValuationUndervalued

Sold Prices£175K - £460K
Sold Prices/m²£2.2K/m² - £9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£191,900
BMV1%

 

 

End Value (After Refurb)

£294,054

Uplift in Value

+55%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,900

Refurb Costs

£37,820

Bridging Loan Interest

£4,200

Total Cash In

£90,670

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£294,054

Agent Fees (1%)

£2,941

Bridging Loan

£120,000

Bridging Loan Interest

£4,200

Flip Profit

£80,443

Local Sold Prices

50 sold prices from £175K to £460K, average is £290K. £2.2K/m² to £9K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£275K02/230.09 mi83, Mountway Road, Bishops Hull, Taunton, Somerset TA1 5DS3
£275K08/210.09 mi65, Mountway Road, Bishops Hull, Taunton, Somerset TA1 5DS3
£349.5K03/230.11 mi23, Badgers Close, Bishops Hull, Taunton, Somerset TA1 5HL3
£285K08/210.11 mi11, Walnut Close, Bishops Hull, Taunton, Somerset TA1 5HP3
£175K02/210.17 mi27, Galmington Road, Taunton, Somerset TA1 5NJ3
£218K03/210.17 mi21, Robin Close, Bishops Hull, Taunton, Somerset TA1 5EU3
£325K04/210.18 miDunheved, Mountway Close, Bishops Hull, Taunton, Somerset TA1 5LP3
£246K12/200.19 mi64, Gillards, Bishops Hull, Taunton, Somerset TA1 5HJ3
£257K09/230.19 mi11, Wren Close, Bishops Hull, Taunton, Somerset TA1 5EZ3
£375K08/210.2 miHamwood Orchard, Hamwood, Bishops Hull, Taunton, Somerset TA1 5EA3
£290K05/230.21 mi9, Galmington Close, Taunton, Somerset TA1 5NR3
£290K05/230.21 mi24, Galmington Close, Taunton, Somerset TA1 5NR3
£265K03/230.21 mi35, Galmington Close, Taunton, Somerset TA1 5NR3
£195K04/210.22 mi29, Great Mead, Bishops Hull, Taunton, Somerset TA1 5HE3
£402.9K10/210.22 mi9, Mountway Road, Bishops Hull, Taunton, Somerset TA1 5LR3
£265K06/230.26 mi31, Musgrove Road, Taunton, Somerset TA1 5LB3
£179K05/230.26 mi30, Musgrove Road, Taunton, Somerset TA1 5LB3
£215K03/210.28 mi14, Belmont Road, Taunton, Somerset TA1 5NS3
£370K12/200.29 mi3, Orchard Drive, Bishops Hull, Taunton, Somerset TA1 5ES3
£285K12/200.3 mi9, Daws Mead, Bishops Hull, Taunton, Somerset TA1 5HQ3
£425K06/210.34 miThe Coach House, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5EP3
£340K08/210.34 mi44, Bakers Close, Bishops Hull, Taunton, Somerset TA1 5HD3
£335K03/240.34 mi25, Bakers Close, Bishops Hull, Taunton, Somerset TA1 5HD3
£375K07/230.35 miRokeby, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5EG3
£210K12/230.35 mi5, Deane Drive, Taunton, Somerset TA1 5PE3
£292.5K03/230.37 mi12, Upcot Crescent, Taunton, Somerset TA1 5PH3
£395K09/210.38 miOld Church Hall, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5EW3
£285K08/210.39 mi44, Deane Drive, Taunton, Somerset TA1 5PG3
£285.1K12/220.4 mi87, Shutewater Orchard, Bishops Hull, Taunton, Somerset TA1 5FA3
£290K09/210.4 mi51, Upcot Crescent, Taunton, Somerset TA1 5PJ3
£334K07/230.41 mi7, Chilliswood Crescent, Taunton, Somerset TA1 5PL3
£255K02/210.41 mi7, Chilliswood Crescent, Taunton, Somerset TA1 5PL3
£460K12/220.41 miWestover, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5ER3
£250K09/230.43 mi6, Galmington Lane, Taunton, Somerset TA1 5DQ3
£290K06/210.45 mi72, Deane Drive, Taunton, Somerset TA1 5PR3
£260K10/230.45 mi4, Shutewater Close, Bishops Hull, Taunton, Somerset TA1 5EH3
£180.5K05/210.45 mi15, Ashford Road, Taunton, Somerset TA1 5DH3
£360K12/230.46 mi42, Ashley Road, Taunton, Somerset TA1 5BP3
£221K10/200.46 mi4, Statham Grove, Taunton, Somerset TA1 5AG3
£365K10/200.5 miBracebridge, 8, Hoveland Lane, Taunton, Somerset TA1 5DE3
£255K02/240.5 mi14, Statham Close, Taunton, Somerset TA1 5AF3
£420K01/230.5 mi19, Hoveland Lane, Taunton, Somerset TA1 5DD3
£337.5K06/230.51 mi14, Somerset Avenue, Taunton, Somerset TA1 5HU3
£360K09/210.51 mi37, Wellington Road, Taunton, Somerset TA1 5AR3
£352K12/200.52 mi7, West Field Close, Taunton, Somerset TA1 5JU3
£272K11/200.53 mi31, Parkfield Drive, Taunton, Somerset TA1 5BY3
£307.5K05/230.53 mi37, Galmington Drive, Taunton, Somerset TA1 5AQ3
£405K08/230.54 mi18, Highfield, Taunton, Somerset TA1 5JF3
£360K04/230.54 mi32, Comeytrowe Lane, Taunton, Somerset TA1 5HY3
£380K11/210.57 mi5, Highfield, Taunton, Somerset TA1 5JE3

Local Rents

16 rents from £1.1K/mo to £1.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,50009/240.45 miTaunton, TA13
£1,75009/240.49 miManor Orchard, Taunton, TA13
£1,30009/240.68 mi-3
£1,25009/240.81 miRichmond Road, Taunton, TA13
£1,90011/240.83 mi-3
£1,35009/240.87 miWoodstock Road3
£1,30006/240.91 mi-3
£1,95001/250.94 mi-3
£1,35009/240.96 miBradford Close, Taunton, Somerset, TA13
£1,35009/241 miSheldon Court, Taunton3
£1,25005/241.07 mi-3
£1,27511/241.14 mi-3
£1,15009/241.14 mi-3
£1,40010/241.15 mi-3
£1,47504/251.15 mi-3
£1,75009/241.17 miPikes Crescent, Taunton, TA13

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

1.35 miles away

Nearest school

0.20 miles away

Nearest train station

1.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £160,000

February 24, 2025

Listed for £190,000

January 29, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • No Onward Chain +
  • Three Bedrooms +
  • Two Reception Rooms +
  • Well Proportioned Plot +
  • Fantastic Position on No Through Road +

SUMMARY
Available with NO ONWARD CHAIN. Situated in Bishops Hull this well proportioned home provides three bedrooms and two reception rooms, all on a well proportioned plot which is sat upon a no through road.

DESCRIPTION
This three-bedroom semi-detached home, located in the sought-after village of Bishops Hull, offers fantastic potential for buyers looking to modernise and create their dream home.

The property boasts a spacious entrance hall, setting the tone for the generous proportions throughout. On the ground floor, you will find two well-sized reception rooms, providing flexibility for family living or entertaining. The kitchen is complemented by a useful storage area and a convenient ground-floor cloakroom.

Upstairs, there are three good-sized bedrooms and a well-maintained bathroom.

The standout feature is the large rear garden, offering ample space for outdoor enjoyment and potential for landscaping or extension (subject to planning permission).

Situated in the popular Bishops Hull area of Taunton, the property enjoys close proximity to Musgrove Park Hospital, local schools, and excellent transport links, making it an ideal location for families or professionals.

Offered with no onward chain, this is a fantastic opportunity to modernise and personalise a home in a prime location.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Ground Floor 

Entrance Hall 
Spacious Entrance Hall with access to the Kitchen and both reception rooms. Stairs rising to the first floor.

Reception Room One 10' 11" x 8' 3" ( 3.33m x 2.51m )
Double glazed window to the front aspect. Radiator.

Reception Room Two 10' 11" x 14' 4" ( 3.33m x 4.37m )
Gas fire, double glazed window to the front.

Kitchen 12' x 6' 11" ( 3.66m x 2.11m )
Wall and base units and double glazed window to the rear aspect. Access to covered area, in turn, providing access to the WC and storage area.

First Floor 

Bedroom One 11' x 12' to wardrobe ( 3.35m x 3.66m to wardrobe )
Double glazed window to the front aspect. Radiator.

Bedroom Two 10' 11" x 10' 3" ( 3.33m x 3.12m )
Double glazed window to the front aspect. Access to airing cupboard and built in wardrobe.

Bedroom Three 10' 6" into door recess x 6' 11" ( 3.20m into door recess x 2.11m )
Double glazed window to the rear aspect. Radiator.

Bathroom 
Bath with electric shower over, wash basin, WC, heated towel rail and double glazed window to the rear aspect.

Outside 
To the front there is a garden area and path to main entrance. To the rear is a large garden laid to lawn.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Taunton

01823 212322

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪