2 Bed Flat, Single Let, Taunton, TA2 6BW, £160,000

Station Road, Taunton, TA2 6BW - 2 months ago

Leasehold
BTL
ROI: 5%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£60K - £215.9K
Sold Prices/m²£1.1K/m² - £6.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£154,604

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Rent Range

£900 - £1,200

Rent Estimate

£925

Running Costs/mo

£705

Cashflow/mo

£220

Cashflow/yr

£2,640

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £60K to £215.9K, average is £138K. £1.1K/m² to £6.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£150.3K08/220.09 mi71, Morse Road, Norton Fitzwarren, Taunton, Somerset TA2 6BS2
£121.5K05/210.09 mi73, Morse Road, Norton Fitzwarren, Taunton, Somerset TA2 6BS2
£126K06/210.09 mi72, Morse Road, Norton Fitzwarren, Taunton, Somerset TA2 6BS2
£130K02/210.15 mi52, Mill House Road, Norton Fitzwarren, Taunton, Somerset TA2 6DA2
£128K11/210.15 mi51, Mill House Road, Norton Fitzwarren, Taunton, Somerset TA2 6DA2
£155K02/230.37 mi53, Yarlington Close, Norton Fitzwarren, Taunton, Somerset TA2 6RR2
£125K10/200.85 mi24, Farrant Close, Bishops Hull, Taunton, Somerset TA1 5EL2
£138K03/210.86 mi2, Parsonage Court, Bishops Hull, Taunton, Somerset TA1 5HR2
£132K11/230.86 mi73, Darwin Close, Taunton, Somerset TA2 6TR2
£105K02/240.87 mi18, Parsonage Court, Bishops Hull, Taunton, Somerset TA1 5HR2
£156K06/231.03 mi11, Haydon Close, Bishops Hull, Taunton, Somerset TA1 5HF2
£150K03/231.03 mi8, Haydon Close, Bishops Hull, Taunton, Somerset TA1 5HF2
£120K11/201.18 mi7a, Smithy, Bishops Hull, Taunton, Somerset TA1 5DT2
£148K06/231.3 miFlat 19, Monmouth Court, Bindon Road, Taunton, Somerset TA2 6AX2
£110K02/211.3 miFlat 1, Monmouth Court, Bindon Road, Taunton, Somerset TA2 6AX2
£152K08/231.42 mi66c, Deane Drive, Taunton, Somerset TA1 5PR2
£167K08/231.53 mi181a, Greenway Road, Taunton, Somerset TA2 6LQ2
£173K12/231.54 miFlat 6, Chamberlain House, Richmond Road, Taunton, Somerset TA1 1EP2
£215.9K01/231.74 miFlat 10, Elm Park, Elm Grove, Taunton, Somerset TA1 1EH2
£175K10/231.78 miFlat 3, Essex Court, Essex Drive, Taunton, Somerset TA1 4JZ2
£176K05/231.79 miFlat 28, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£175K06/231.79 miFlat 7, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£155K10/211.8 miFlat 2, Wiltshire Court, Wiltshire Close, Taunton, Somerset TA1 4JS2
£154.5K04/211.81 mi14, Park View, Cotford St Luke, Taunton, Somerset TA4 1LX2
£125K12/201.81 mi23, Northfield Gardens, Taunton, Somerset TA1 1XN2
£191K05/221.82 mi2, Rogers Walk, Cotford St Luke, Taunton, Somerset TA4 1HY2
£60K11/201.83 mi2, Northfield Gardens, Taunton, Somerset TA1 1XN2
£124.6K06/211.85 mi17, Northfield Gardens, Taunton, Somerset TA1 1XN2
£138K04/211.85 mi1, Rupert Street, Taunton, Somerset TA2 6JT2
£138K04/211.85 mi1, Rupert Street, Taunton, Somerset TA2 6JT2
£128.5K06/211.85 mi3, Rupert Street, Taunton, Somerset TA2 6JT2
£160K05/211.86 miFlat 4, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£180K10/201.86 miFlat 8, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£155K03/231.88 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£140K10/201.88 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£133K09/211.88 mi38, Gladstone Street, Taunton, Somerset TA2 6LY2
£156.6K01/231.88 mi39, Gladstone Street, Taunton, Somerset TA2 6LY2
£110K10/201.88 mi45, Gladstone Street, Taunton, Somerset TA2 6LY2
£125K09/211.88 mi50, Gladstone Street, Taunton, Somerset TA2 6LY2
£137K09/211.88 miFlat 44, Seville Court, Burchs Close, Taunton, Somerset TA1 4TR2
£125K09/221.91 mi35b, Greenway Road, Taunton, Somerset TA2 6LA2
£136K09/231.92 miGround Floor Flat, 43, William Street, Taunton, Somerset TA2 6HG2
£120K10/201.92 miGround Floor Flat, 43, William Street, Taunton, Somerset TA2 6HG2
£193K01/231.96 miFlat 9, Haseley Court, Ferndown Close, Taunton, Somerset TA1 4TL2
£180K02/241.96 miHaseley Court, Flat 11, Ferndown Close, Taunton, Somerset TA1 4TL2
£180K07/231.96 miFlat 4, Blythe Court, Ferndown Close, Taunton, Somerset TA1 4TJ2
£182K01/231.96 miFlat 9, Blythe Court, Ferndown Close, Taunton, Somerset TA1 4TJ2
£130K03/211.97 miFlat 6, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£122K12/201.97 miFlat 8, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£105K06/211.97 mi11c, Park Street, Taunton, Somerset TA1 4DF2

Local Rents

11 rents from £900/mo to £1.2K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£90009/240 miMarshall Court, Norton Fitzwarren, Somerset2
£95001/240.15 mi-2
£95012/230.15 mi-2
£1,10009/240.18 miMorse Road, Norton Fitzwarren, Taunton2
£1,10001/240.2 mi-2
£92509/240.24 mi-2
£92509/240.24 mi-2
£92507/240.24 mi-2
£1,20009/240.49 miApple Tree Close, Norton Fitzwarren, TAUNTON2
£1,10003/250.53 mi-2
£99002/240.55 mi-2

Local Area Statistics

Population in TA2

26,588

Population in Taunton

85,088

Town centre distance

2.39 miles away

Nearest school

0.20 miles away

Nearest train station

2.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £160,000

January 30, 2025

Floor Plans

Description

  • Two Bedrooms +
  • Top/Third Floor +
  • Allocated Parking Space +
  • Gas Central Heating +
  • Short Drive From Taunton Town Centre +
  • Well Presented Throughout +
  • Spacious Lounge/Diner +
  • 150 Year Lease Term - Started 2008 +

SUMMARY
A fantastic, purpose-build top floor apartment. Ideal for buy-to-let investors or first-time buyers alike. Benefits include, two double bedrooms, gas central heating, full double glazing and allocated parking space.

DESCRIPTION
Occupying a superb position in the popular village of Norton Fitzwarren. This purpose-build top floor apartment comes highly recommended and in brief comprises, entrance hall, lounge/diner, kitchen, two double bedrooms and bathroom. The property is further enhanced by gas central heating, double glazing and allocated parking space.

Front Door 
Leading to...

Entrance Hall 
Recessed Cupboards. Radiator. Intercom. Attic Hatch.

Lounge / Diner 14' 2" x 17' 3" ( 4.32m x 5.26m )
Double glazed window to front. Two radiators.

Bedroom One 11' 10" plus door recess x 8' 8" ( 3.61m plus door recess x 2.64m )
Double glazed window to front. Radiator.

Bedroom Two  11' 11" x 10' 1" ( 3.63m x 3.07m )
Double glazed window to rear. Radiator.

Kitchen 14' 2" x 17' 3" ( 4.32m x 5.26m )
Double glazed window to rear. Equipped with a range of wall and base-mounted units with rolltop work surfaces. Sink and drainer with mixer tap. Wall-mounted boiler neatly housed within one of the wall-mounted units. Integrated electric oven with gas hobs, splashback and cookerhood over. Partial tiling. Integrated wine rack. Recesses include plumbing for automatic washing machine. Integrated fridgefreezer , housed within one of the wall-mounted units.

Bathroom 
Suite comprising low-level W.C, pedestal wash hand basin, bath with shower over. Partial tiling. Obscure double glazed window to rear. Radiator.

Parking 
Allocated parking space for one car.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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?

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