4 Bed Semi-Detached House, Cash/Bridging Only, Taunton, TA4 1FE, £350,000

Merton Road, Comeytrowe, TA4 1FE - 2 months ago

Sold STC
Cash
~129 m²
+16 photos

ValuationFair Value

Sold Prices£237.5K - £850K
Sold Prices/m²£2K/m² - £5.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.7K/m²

Value Estimate

£357,000

 

 

End Value (After Refurb)

£447,784

Uplift in Value

+28%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£52,815

Bridging Loan Interest

£9,188

Total Cash In

£167,952

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£447,784

Agent Fees (1%)

£4,478

Bridging Loan

£262,500

Bridging Loan Interest

£9,188

Flip Profit

£12,854

Local Sold Prices

27 sold prices from £237.5K to £850K, average is £420K. £2K/m² to £5.7K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£440K04/230.43 mi24, Comeytrowe Rise, Taunton, Somerset TA1 5JA4
£425K12/200.43 mi8, Stonegallows, Taunton, Somerset TA1 5JN4
£280K05/210.47 mi4, Lloyd Close, Taunton, Somerset TA1 5QU4
£450K01/230.52 mi1, Glasses Mead, Taunton, Somerset TA1 5QH4
£420K02/210.54 mi28, Glasses Mead, Taunton, Somerset TA1 5QH4
£420K02/230.54 mi17, Glasses Mead, Taunton, Somerset TA1 5QH4
£465K03/230.55 mi62, Bakers Close, Bishops Hull, Taunton, Somerset TA1 5HD4
£350K02/210.62 mi68, Quartly Drive, Bishops Hull, Taunton, Somerset TA1 5BF4
£237.5K04/210.63 mi3, Castlemans Road, Taunton, Somerset TA1 4ND4
£430K09/230.65 mi6, Claremont Drive, Taunton, Somerset TA1 4JF4
£400K03/230.65 mi14, Claremont Drive, Taunton, Somerset TA1 4JF4
£420K02/230.66 mi18, Claremont Drive, Taunton, Somerset TA1 4JF4
£383K10/230.66 mi6, Bovet Close, Taunton, Somerset TA1 4NY4
£850K06/230.7 mi24, Comeytrowe Lane, Taunton, Somerset TA1 5PA4
£415K04/210.7 mi5, Jarmyns, Bishops Hull, Taunton, Somerset TA1 5HG4
£491.5K03/210.75 mi51, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5EP4
£454K03/210.79 mi15, Pope Close, Taunton, Somerset TA1 4YE4
£450K11/230.79 mi23, Pope Close, Taunton, Somerset TA1 4YE4
£350K01/230.82 mi2, Bowfell Close, Taunton, Somerset TA1 4JP4
£400K03/230.82 mi2, Kingsley Close, Taunton, Somerset TA1 4LQ4
£395K11/210.82 mi9, Wiltshire Close, Taunton, Somerset TA1 4JR4
£315K03/230.87 mi68, Smithy, Bishops Hull, Taunton, Somerset TA1 5DU4
£350K12/210.88 mi13, Langham Drive, Taunton, Somerset TA1 4LJ4
£520K09/230.88 mi19, Galmington Lane, Taunton, Somerset TA1 5DG4
£472K07/230.89 miHolly Croft House, New Road, Trull, Taunton, Somerset TA3 7NJ4
£650K10/230.95 mi17, Haydon Close, Bishops Hull, Taunton, Somerset TA1 5HF4
£550K12/230.97 miHeatherdene, Comeytrowe Road, Trull, Taunton, Somerset TA3 7NE4

Local Rents

11 rents from £1.1K/mo to £3K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£2,99909/240.07 miStonegallows, Taunton, Somerset, TA15
£2,10006/230.55 mi-4
£1,30009/240.58 mi-3
£1,35009/240.9 miBradford Close, Taunton, Somerset, TA13
£1,30006/240.91 mi-3
£1,30009/241.05 miHele Manor Barns, Hele, Taunton, TA43
£1,05009/241.08 miHele Manor Barns, Taunton, TA43
£1,70003/251.1 mi-4
£1,75009/241.13 miManor Orchard, Taunton, TA13
£1,95009/241.16 miTrull, Taunton, TA34
£1,50009/241.21 miTaunton, TA13

Local Area Statistics

Population in TA4

19,149

Population in Taunton

85,088

Town centre distance

2.07 miles away

Nearest school

0.50 miles away

Nearest train station

2.13 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £350,000

January 29, 2025

Floor Plans

Description

  • Driveway For Multiple Cars +
  • 9 Years Of NHBC Warranty Remaining +
  • Electric Car Charging Point +
  • Popular Orchard Grove Development +
  • Three Storey Home +
  • Single Garage With Power +

This nearly new, four bedroom, semi detached property is a delight! Set over three storeys, with the principal bedroom commanding it's own floor with en-suite and dressing area, this property is well proportioned. Set at the edge of the development, the enclosed rear garden feels private and secure. There is also driveway parking, a single garage and electric car charging point. With 9 years of NHBC warranty remaining.

Call now to book your viewing!!!!

Front With driveway parking, single garage and electric car charging point

Entrance Hall Leading to Kitchen/Diner, Living Room, W.C and stairs to first floor.

Kitchen/Diner 15' 8" x 9' 2"

Living Room 16' 4" x 10' 6" With French doors leading to rear garden.

W.C With sink and toilet.

First Floor Landing Leading to bedroom, two, three and four, bathroom and stairs to second floor.

Bedroom Two 12' 3" x 9' 1"

Bedroom Three 10' 6" x 8' 3"

Bedroom Four 10' 6" x 7' 9"

Bathroom With bath, sink and toilet.

Second Floor Landing

Bedroom One 14' 1" x 12' 9" With en-suite.

En-Suite With shower, sink and toilet.

Rear Garden With side access to driveway and garage.

National trading standards have ruled that agents must give information which is material to the decision-making process of the average consumer. Below is a list of additional information about the property believed to be ‘material’.

Utilities – • Electricity supply – Mains electricity • Water supply – Mains water • Sewerage - Mains sewage • Heating – Gas central heating • Broadband – Ultrafast Full Fibre Broadband • Mobile signal/coverage – Voice and Data across EE, O2, Vodafone and Three

IMPORTANT NOTICE: The Property Centre for themselves and for the vendors of the property, whose agents they are, give notice that: 1. the particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchaser and do not constitute part of an offer or contract. Prospective purchasers and lessees ought to seek their own professional advice. 2. All descriptions, dimensions, areas, reference to condition and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of The Property Centre has any authority to make or give any representations or warranty whatever in relation to this property on behalf of The Property Centre, nor enter into any contract on behalf of the vendor. 4. No responsibility can be accepted for any expenses incurred by intending purchasers in inspecting properties which have been sold, let or withdrawn.

Photographs taken and details prepared January 2025.

MEASUREMENTS AND OTHER INFORMATION: All measurements are approximate. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information with you. Code of Practice for Residential Estate Agents: Effective from 1 August 2011: '8. Financial Evaluation 8a At the time that an offer has been made and is being considered by the seller, you must take reasonable steps to find out from the prospective buyer the source and availability of his funds for buying the property and pass this information to the seller. Such information will include whether the prospective buyer needs to sell a property, requires a mortgage, claims to be a cash buyer or any combination of these. Such relevant information that is available should be included in the Memorandum of Sale having regard to the provisions of the Data Protection Act.8b These reasonable steps must continue after acceptance of the offer until exchange of contracts (in Scotland, conclusion of missives) and must include regular monitoring of the prospective buyer's progress in achieving the funds required, and reporting such progress to the seller. The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for their purpose. A Buyer is advised to obtain verification from their solicitor or surveyor. References to the Tenure of the Property are based on information supplied by the Seller. The agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.

Agent Details

The Property Centre, Taunton

01823 589603

Next Steps?

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