2 Bed Flat, Single Let, Taunton, TA2 7TN, £145,000

Massingham Park, Taunton, TA2 7TN - 2 months ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£58.8K - £211K
Sold Prices/m²£1.1K/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£159,958
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£5,550

Total Cash In

£41,800

 

 

Cash Out

 

Rent Range

£850 - £2,700

Rent Estimate

£900

Running Costs/mo

£653

Cashflow/mo

£247

Cashflow/yr

£2,963

ROI

7%

Gross Yield

7%

Local Sold Prices

51 sold prices from £58.8K to £211K, average is £136K. £1.1K/m² to £3.4K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£120K01/210 mi194, Massingham Park, Taunton, Somerset TA2 7TN2
£120K01/210 mi194, Massingham Park, Taunton, Somerset TA2 7TN2
£108K08/210 mi171, Massingham Park, Taunton, Somerset TA2 7TN2
£120K05/210 mi164, Massingham Park, Taunton, Somerset TA2 7TN2
£125K08/210 mi167, Massingham Park, Taunton, Somerset TA2 7TN2
£145K02/230 mi194, Massingham Park, Taunton, Somerset TA2 7TN2
£135K01/230 mi153, Massingham Park, Taunton, Somerset TA2 7TN2
£138K02/230 mi170, Massingham Park, Taunton, Somerset TA2 7TN2
£132K03/230 mi196, Massingham Park, Taunton, Somerset TA2 7TN2
£145K07/230 mi195, Massingham Park, Taunton, Somerset TA2 7TN2
£145K07/230 mi195, Massingham Park, Taunton, Somerset TA2 7TN2
£155K09/220.02 mi17, Massingham Park, Taunton, Somerset TA2 7TG2
£109K04/210.03 mi26, Massingham Park, Taunton, Somerset TA2 7TG2
£58.8K04/210.03 mi112, Massingham Park, Taunton, Somerset TA2 7TH2
£114K05/210.03 mi118, Massingham Park, Taunton, Somerset TA2 7TH2
£150K02/240.06 mi101, Massingham Park, Taunton, Somerset TA2 7TQ2
£148K12/220.06 mi97, Massingham Park, Taunton, Somerset TA2 7TQ2
£100K10/230.19 mi245b, Eastwick Road, Taunton, Somerset TA2 7HJ2
£117.5K11/200.29 mi2a, Lyngford Road, Taunton, Somerset TA2 7EG2
£172.5K08/230.29 mi50, Firepool Crescent, Taunton, Somerset TA1 1AT2
£170K06/230.31 mi5b, Grange Drive, Taunton, Somerset TA2 7DY2
£165K01/230.31 mi35, Cunningham Court, Taunton, Somerset TA1 1AR2
£147.5K01/210.32 mi2, Cunningham Court, Taunton, Somerset TA1 1AR2
£175K09/230.32 mi36, Cunningham Court, Taunton, Somerset TA1 1AR2
£185K12/230.33 mi29, Firepool View, Taunton, Somerset TA1 1NY2
£132.5K09/210.34 mi19b, Radlet Close, Taunton, Somerset TA2 8EB2
£187K01/230.36 mi16, Firepool View, Taunton, Somerset TA1 1PS2
£159K11/200.36 mi36, Firepool View, Taunton, Somerset TA1 1PS2
£179K02/210.36 mi28, Firepool View, Taunton, Somerset TA1 1PS2
£172K07/210.37 mi4, Firepool View, Taunton, Somerset TA1 1PS2
£118K09/220.42 mi10a, Blackmoor Road, Taunton, Somerset TA2 8EJ2
£211K11/230.43 mi52, Geoffrey Farrant Walk, Taunton, Somerset TA1 1PU2
£137K10/210.44 mi27, Wellesley Street, Taunton, Somerset TA2 7DS2
£115K01/210.46 mi37, Winters Field, Taunton, Somerset TA1 1PY2
£155K02/230.62 mi2b, Hamilton Court, Taunton, Somerset TA1 2PA2
£130K12/210.62 mi3a, Hamilton Court, Taunton, Somerset TA1 2PA2
£125K02/230.62 mi3b, Hamilton Court, Taunton, Somerset TA1 2PA2
£210K10/220.63 mi28, Standfast Place, Taunton, Somerset TA2 8QG2
£170K07/230.64 mi63b, George Street, Taunton, Somerset TA2 7DG2
£138K09/230.65 miFlat 42, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£122.5K09/230.65 miFlat 27, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£122.5K08/210.65 miFlat 2, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£120K10/200.67 miGround Floor Flat, 43, William Street, Taunton, Somerset TA2 6HG2
£148K03/210.68 mi42b, Laburnum Street, Taunton, Somerset TA1 1LB2
£136K09/230.68 miGround Floor Flat, 43, William Street, Taunton, Somerset TA2 6HG2
£125K09/220.68 mi35b, Greenway Road, Taunton, Somerset TA2 6LA2
£110K10/200.71 mi45, Gladstone Street, Taunton, Somerset TA2 6LY2
£125K09/210.71 mi50, Gladstone Street, Taunton, Somerset TA2 6LY2
£133K09/210.71 mi38, Gladstone Street, Taunton, Somerset TA2 6LY2
£156.6K01/230.71 mi39, Gladstone Street, Taunton, Somerset TA2 6LY2
£118K07/210.72 mi19, Bossington Drive, Taunton, Somerset TA2 8HF2

Local Rents

20 rents from £850/mo to £2.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£90009/240.03 miNorth Taunton, Somerset2
£90009/240.03 miMassingham Park, Taunton2
£90009/240.04 miMassingham Park, Taunton2
£1,10009/240.06 miMassingham Park, TAUNTON2
£95009/240.06 miMassingham Park, Taunton2
£1,10009/240.25 mi-2
£95003/250.28 mi-2
£1,10009/240.36 miFirepool View, TAUNTON2
£2,70009/240.49 mi-2
£2,70011/240.49 mi-2
£2,70002/250.49 mi-2
£2,70003/250.49 mi-2
£2,70009/240.51 mi-2
£2,70012/240.51 mi-2
£2,70002/250.51 mi-2
£2,70003/250.51 mi-2
£95009/240.59 miTaunton2
£85011/240.6 mi-2
£89509/240.61 mi-2
£1,00009/240.62 mi-2

Local Area Statistics

Population in TA2

26,588

Population in Taunton

85,088

Town centre distance

0.86 miles away

Nearest school

0.30 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £145,000

February 6, 2025

Description

  • No Onward Chain +
  • Two Double Bedrooms +
  • Spacious Lounge/Diner +
  • Dual Aspect Living Space +
  • Ground Floor Apartment +
  • Allocated Parking +
  • Close To Amenities +
  • Easy Access To M5 +

SUMMARY
NO ONWARD CHAIN. Beautifully presented two double bedroom flat with allocated parking. A short drive from both Taunton's town centre and the M5.

DESCRIPTION
Situated in the sought-after Massingham Park, this delightful two-bedroom ground-floor apartment offers modern living in a prime location.

The property boasts a spacious dual-aspect lounge/diner, creating a bright and airy living space that seamlessly flows into a well-proportioned kitchen, ideal for both everyday living and entertaining. Both bedrooms are generous doubles, while the modern bathroom adds to the homes stylish appeal.

Further benefits include an allocated parking space and the convenience of being sold with no onward chain, making it a fantastic opportunity for first-time buyers, investors, or those looking to downsize.

A must-see home in a fantastic location. Book your viewing today!

Entrance Hall 
Telephone entry point, radiator and storage cupboard housing the gas boiler.

Lounge/Diner 13' 4" x 14' 2" ( 4.06m x 4.32m )
Dual aspect and spacious lounge/diner. Open access from the kitchen, making this a very sociable space.

Kitchen 10' 8" x 7' 3" ( 3.25m x 2.21m )
Double glazed window, plumbing for washing machine, space for fridge/freezer, gas hob, oven and tile effect flooring.

Bedroom One 10' 3" x 12' 2" ( 3.12m x 3.71m )
Double glazed window. Radiator.

Bedroom Two 10' 9" x 10' 9" ( 3.28m x 3.28m )
Double glazed window. Radiator.

Bathroom 
Wash basin, WC and bath with shower over. Double glazed window, extractor fan and radiator.

Lease details are currently being compiled. For 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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