2 Bed Flat, Cash/Bridging Only, Taunton, TA1 4LP, £180,000





ValuationOvervalued
Sold Prices | £90K - £340K |
Sold Prices/m² | £1.6K/m² - £6.8K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.6K/m² |
Value Estimate | £169,364 |
| |
End Value (After Refurb) | £221,566 |
Uplift in Value | +23% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £45,000 |
Stamp Duty & Legal Fees | £6,600 |
Refurb Costs | £27,698 |
Bridging Loan Interest | £4,725 |
Total Cash In | £85,773 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £221,566 |
Mortgage (After Refinance) | £166,174 |
Mortgage LTV | 75% |
Cash Released | £31,174 |
Cash Left In | £54,599 |
Equity | £55,391 |
Rent Range | £750 - £1,300 |
Rent Estimate | £1,064 |
Running Costs/mo | £925 |
Cashflow/mo | £139 |
Cashflow/yr | £1,666 |
ROI | 2% |
Gross Yield | 7% |
Local Sold Prices
36 sold prices from £90K to £340K, average is £153.5K. £1.6K/m² to £6.8K/m², average is £2.5K/m².
Local Rents
17 rents from £750/mo to £1.3K/mo, average is £1.1K/mo.
Local Area Statistics
Population in TA1 | 39,265 |
Population in Taunton | 85,088 |
Town centre distance | 1.38 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.66 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -4% |
Sales demand | Seller's market |
Capital growth (5yrs) | +21% |
Property History
Listed for £180,000
February 7, 2025
Floor Plans

Description
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