3 Bed Semi-Detached House, Cash/Bridging Only, Taunton, TA2 6FA, £280,000

Dragon Rise, Norton Fitzwarren, Taunton, Somerset, TA2 6FA - 1 views - 3 months ago

Sold STC
Cash
~93 m²
+18 photos

ValuationFair Value

Sold Prices£136.8K - £575K
Sold Prices/m²£1.8K/m² - £5.3K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£279,722

 

 

End Value (After Refurb)

£272,793

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£19,200

Refurb Costs

£37,820

Bridging Loan Interest

£7,350

Total Cash In

£136,120

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£272,793

Mortgage (After Refinance)

£204,594

Mortgage LTV

75%

Cash Left In

£136,120

Equity

£68,198

Rent Range

£565 - £2,950

Rent Estimate

£1,110

Running Costs/mo

£1,094

Cashflow/mo

£16

Cashflow/yr

£186

ROI

0%

Gross Yield

5%

Local Sold Prices

44 sold prices from £136.8K to £575K, average is £270K. £1.8K/m² to £5.3K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£275K06/210.07 mi63, Collett Road, Norton Fitzwarren, Taunton, Somerset TA2 6DB3
£232.5K05/230.25 mi35, Blackdown View, Norton Fitzwarren, Taunton, Somerset TA2 6RP3
£270K11/210.28 mi2, Taylor Close, Norton Fitzwarren, Taunton, Somerset TA2 6TA3
£270K02/230.28 mi18, Taylor Close, Norton Fitzwarren, Taunton, Somerset TA2 6TA3
£255K09/230.33 mi25, Northwood Close, Norton Fitzwarren, Taunton, Somerset TA2 6TD3
£297K01/210.35 mi10, Nash Green, Staplegrove, Taunton, Somerset TA2 6BZ3
£275K02/210.35 mi34, Nash Green, Staplegrove, Taunton, Somerset TA2 6BZ3
£225K05/210.4 mi55, Showell Park, Staplegrove, Taunton, Somerset TA2 6BY3
£248K10/230.4 mi41, Showell Park, Staplegrove, Taunton, Somerset TA2 6BY3
£136.8K09/230.4 mi60, Showell Park, Staplegrove, Taunton, Somerset TA2 6BY3
£240K04/240.45 mi48, Morse Road, Norton Fitzwarren, Taunton, Somerset TA2 6BU3
£232.5K03/240.47 mi10, Coopers Mill, Norton Fitzwarren, Taunton, Somerset TA2 6NX3
£171.5K02/210.48 mi2, Spring Terrace, Norton Fitzwarren, Taunton, Somerset TA2 6QY3
£217K08/230.49 mi20, Mallory Close, Taunton, Somerset TA2 6UF3
£217K08/230.49 mi20, Mallory Close, Taunton, Somerset TA2 6UF3
£245K01/230.51 mi22, Hudson Way, Taunton, Somerset TA2 6UH3
£520K06/210.55 miBarhams View, Langford Lane, Pen Elm, Taunton, Somerset TA2 6NZ3
£268K03/230.56 mi55, Mill House Road, Norton Fitzwarren, Taunton, Somerset TA2 6DA3
£340K12/220.56 mi4, Rectory Road, Norton Fitzwarren, Taunton, Somerset TA2 6SB3
£257.5K08/210.56 mi19, Rectory Road, Norton Fitzwarren, Taunton, Somerset TA2 6SB3
£372.5K01/240.56 mi2, Rectory Road, Norton Fitzwarren, Taunton, Somerset TA2 6SB3
£180.5K11/200.58 mi28, Rectory Road, Norton Fitzwarren, Taunton, Somerset TA2 6SD3
£246.5K12/230.66 mi40, Scott Close, Taunton, Somerset TA2 6UN3
£255K02/230.66 mi10, Scott Close, Taunton, Somerset TA2 6UN3
£295K08/230.66 mi63, Scott Close, Taunton, Somerset TA2 6UL3
£223K11/200.66 mi107, Scott Close, Taunton, Somerset TA2 6UL3
£450K02/210.67 mi289, Staplegrove Road, Taunton, Somerset TA2 6AL3
£280K03/210.7 mi2, Ford Cottages, Norton Fitzwarren, Taunton, Somerset TA2 6SH3
£260K09/230.74 mi61, Dowell Close, Taunton, Somerset TA2 6AU3
£575K06/210.8 miLinden Lea, Manor Orchard, Staplegrove, Taunton, Somerset TA2 6EQ3
£278.5K09/210.8 mi29, Cresswell Avenue, Taunton, Somerset TA2 6LS3
£312K03/210.82 mi44, Cresswell Avenue, Taunton, Somerset TA2 6LR3
£281.9K05/210.82 mi18, Cresswell Avenue, Taunton, Somerset TA2 6LR3
£270K06/210.83 mi193, Staplegrove Road, Taunton, Somerset TA2 6AG3
£375K08/230.88 mi3, Gipsy Lane, Staplegrove, Taunton, Somerset TA2 6LW3
£260K10/230.88 mi4, Shutewater Close, Bishops Hull, Taunton, Somerset TA1 5EH3
£350K02/210.89 mi4, Gipsy Lane, Staplegrove, Taunton, Somerset TA2 6LP3
£375K08/230.89 mi10, Gipsy Lane, Staplegrove, Taunton, Somerset TA2 6LP3
£375K07/230.91 miRokeby, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5EG3
£395K09/210.94 miOld Church Hall, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5EW3
£233K06/210.94 mi1, Fairwater Close, Taunton, Somerset TA2 6AT3
£375K08/210.96 miHamwood Orchard, Hamwood, Bishops Hull, Taunton, Somerset TA1 5EA3
£218K03/210.96 mi21, Robin Close, Bishops Hull, Taunton, Somerset TA1 5EU3
£425K06/211 miThe Coach House, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5EP3

Local Rents

51 rents from £565/mo to £3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£99002/240.02 mi-2
£1,10002/250.05 mi-2
£1,60009/240.08 miCollett Road, Norton Fitzwarren, TAUNTON4
£1,25010/230.08 mi-4
£1,20009/240.2 miApple Tree Close, Norton Fitzwarren, TAUNTON2
£85009/240.2 miApple Tree Close, Norton Fitzwarren, Taunton, Somerset, TA21
£95002/240.25 mi-2
£1,70009/240.26 miGrove Gate 4
£1,15009/240.31 mi-3
£1,27510/240.31 mi-3
£69502/240.32 mi-1
£92509/240.34 mi-2
£92509/240.34 mi-2
£92507/240.34 mi-2
£98509/240.41 miMorse Road, Norton Fitzwarren, Taunton1
£1,10009/240.46 miMorse Road, Norton Fitzwarren, Taunton2
£1,10001/240.51 mi-2
£95012/230.54 mi-2
£95001/240.54 mi-2
£90009/240.56 miMarshall Court, Norton Fitzwarren, Somerset2
£97504/250.81 mi-2
£95009/240.82 miMonmouth Court, Bindon Road, Taunton, Somerset, TA22
£1,09509/240.83 miStaplegrove Road, TAUNTON2
£99502/250.9 mi-2
£2,95009/240.93 miManor Meadow, Staplegrove5
£99509/240.96 miHamwood, Taunton2
£1,30009/240.96 miBishops Hull Hill, Bishops Hull, Taunton2
£75009/241.05 miFalcon Court, Heron Drive, Bishops Hull, Taunton, Somerset 1
£65002/251.08 mi-2
£85009/241.11 miMountway Road 1
£90009/241.13 miRichmond Road 2
£1,25009/241.16 miRichmond Road, Taunton, TA13
£75002/251.17 mi-2
£1,10009/241.18 miRichmond Road, TAUNTON2
£85004/251.19 mi-1
£92509/241.23 miWoodstock Road, Taunton, TA12
£1,35009/241.24 miWoodstock Road3
£1,75009/241.28 miTaunton4
£2,00009/241.32 miFrench Weir Avenue 5
£60009/241.32 miKingston Road, Taunton1
£77509/241.35 miGreenway Avenue, Taunton1
£1,05009/241.36 miHele Manor Barns, Taunton, TA43
£1,20009/241.37 mi-2
£1,10009/241.37 miRupert Street, Taunton TA12
£1,50009/241.38 miTaunton, TA13
£1,30009/241.39 miHele Manor Barns, Hele, Taunton, TA43
£99504/251.4 mi-2
£95004/251.41 mi-1
£56502/241.45 mi-1
£1,25004/251.45 mi-2
£1,35010/241.45 mi-3

Local Area Statistics

Population in TA2

26,588

Population in Taunton

85,088

Town centre distance

2.02 miles away

Nearest school

0.40 miles away

Nearest train station

1.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £280,000

January 29, 2025

Floor Plans

Description

  • Multi Functional Cabin In Rear Garden +
  • Beautifully Presented +
  • Allocated Parking +
  • Sought After Location +

This is a beautifully presented, three bedroom, semi detached property in a popular location in Norton Fitzwarren. With a multi functional cabin in the rear garden, which benefits from plumbing and electric, this property offers great versatility. Having been well cared for by the current owners, the property is well presented throughout. With two allocated parking spaces. Call now to book your viewing!!!

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

Kitchen/Diner 11' 8" x 11' 3"

Living Room 15' 7" x 12' 1" With French doors leading to rear garden.

W.C With sink and toilet.

First Floor Landing Leading to bedrooms and bathroom.

Bedroom One 9' 9" x 9' 5" With built in wardrobes and en-suite.

En-Suite With shower, sink and toilet.

Bedroom Two 10' 10" x 8' 8"

Bedroom Three 10' 2" x 6' 2" With built in wardrobes.

Bathroom With bath, sink and toilet.

Rear Garden With multi functional cabin and side gate to allocated parking and front of property.

Two Allocated Parking Spots.

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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