3 Bed Terraced House, Refurb/BRRR, Taunton, TA1 1SZ, £200,000

21 Eastbourne Gate, Taunton, Somerset, TA1 1SZ - 6 views - 2 months ago

Refurb/BRRR
ROI: 13%
~93 m²
+3 photos

ValuationFair Value

Sold Prices£136K - £365K
Sold Prices/m²£1.6K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£202,000

 

 

End Value (After Refurb)

£211,622

Uplift in Value

+6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£37,820

Bridging Loan Interest

£5,250

Total Cash In

£102,020

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£211,622

Mortgage (After Refinance)

£158,717

Mortgage LTV

75%

Cash Released

£8,717

Cash Left In

£93,303

Equity

£52,906

Rent Range

£1,200 - £2,950

Rent Estimate

£2,275

Running Costs/mo

£1,136

Cashflow/mo

£1,139

Cashflow/yr

£13,664

ROI

13%

Gross Yield

14%

Local Sold Prices

50 sold prices from £136K to £365K, average is £207.8K. £1.6K/m² to £4.4K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£230K12/220.05 mi17, Eastbourne Terrace, Taunton, Somerset TA1 1SX3
£234.8K01/230.06 mi5, Eastbourne Terrace, Taunton, Somerset TA1 1SX3
£195K08/210.06 mi17, Winchester Street, Taunton, Somerset TA1 1QQ3
£210K02/230.06 mi13, Winchester Street, Taunton, Somerset TA1 1QQ3
£171K11/200.08 mi43, Eastbourne Road, Taunton, Somerset TA1 1SU3
£183K01/230.09 mi20, Eastbourne Road, Taunton, Somerset TA1 1ST3
£205K11/230.11 mi44, Winchester Street, Taunton, Somerset TA1 1QG3
£184K09/210.14 mi7, Laburnum Street, Taunton, Somerset TA1 1LA3
£257K01/240.14 mi1, Laburnum Street, Taunton, Somerset TA1 1LA3
£223K09/210.15 mi66, St Augustine Street, Taunton, Somerset TA1 1QH3
£150K02/210.15 mi71, St Augustine Street, Taunton, Somerset TA1 1QH3
£150K12/200.15 mi53, St Augustine Street, Taunton, Somerset TA1 1QH3
£210K08/230.15 mi31, St Augustine Street, Taunton, Somerset TA1 1QH3
£207.5K11/210.15 mi29, Mitre Court, Taunton, Somerset TA1 3ER3
£189.3K10/210.15 mi28, Mitre Court, Taunton, Somerset TA1 3ER3
£241K08/230.15 mi26, Mitre Court, Taunton, Somerset TA1 3ER3
£160K07/210.16 mi12, South Street, Taunton, Somerset TA1 3AA3
£365K06/230.16 mi6, Victoria Street, Taunton, Somerset TA1 3JA3
£208K09/230.16 mi9, Queen Street, Taunton, Somerset TA1 3AS3
£200K02/210.17 mi59, Priory Avenue, Taunton, Somerset TA1 1XZ3
£195K01/210.17 mi23, Stephen Street, Taunton, Somerset TA1 1LD3
£265K02/230.18 mi32, Queen Street, Taunton, Somerset TA1 3AX3
£205K03/240.19 mi3, Alfred Street, Taunton, Somerset TA1 3HU3
£210K08/210.2 mi13, Church Street, Taunton, Somerset TA1 3JE3
£200K06/210.21 mi29, Alfred Street, Taunton, Somerset TA1 3HY3
£240K05/210.21 mi35, Alma Street, Taunton, Somerset TA1 3AJ3
£272K04/210.21 mi60, Alma Street, Taunton, Somerset TA1 3AL3
£170K11/200.21 mi99, Winchester Street, Taunton, Somerset TA1 1QE3
£185K01/210.21 mi88, Winchester Street, Taunton, Somerset TA1 1QE3
£190K11/210.21 mi46, Grays Road, Taunton, Somerset TA1 3BA3
£205K09/230.21 mi49, Grays Road, Taunton, Somerset TA1 3BA3
£270K04/230.21 mi122, Priory Avenue, Taunton, Somerset TA1 1YB3
£270K02/230.22 mi67, Alma Street, Taunton, Somerset TA1 3AL3
£317.5K11/230.23 mi1, Trinity Street, Taunton, Somerset TA1 3JG3
£205K05/210.23 mi19, Winters Field, Taunton, Somerset TA1 1PY3
£193K03/210.23 mi77, Winters Field, Taunton, Somerset TA1 1PY3
£205K11/210.25 mi79, St Augustine Street, Taunton, Somerset TA1 1QL3
£257.5K07/230.25 mi109, St Augustine Street, Taunton, Somerset TA1 1QL3
£206K04/210.25 mi87, St Augustine Street, Taunton, Somerset TA1 1QL3
£255K04/240.27 mi4, Priory Park, Taunton, Somerset TA1 1PX3
£230K12/230.28 mi9, Monks Close, Taunton, Somerset TA1 2AW3
£230K03/210.28 mi29, Trinity Road, Taunton, Somerset TA1 3JJ3
£226K03/210.28 mi79, Trinity Road, Taunton, Somerset TA1 3JJ3
£275K12/230.28 mi83, Trinity Road, Taunton, Somerset TA1 3JJ3
£187.5K04/210.3 mi65, Leycroft Road, Taunton, Somerset TA1 2ED3
£210K03/210.3 mi10, Eastleigh Road, Taunton, Somerset TA1 2YA3
£136K10/210.3 mi5, Eastleigh Gardens, Taunton, Somerset TA1 2AS3
£187.5K04/210.31 mi65, Leycroft Road, Taunton, Somerset TA1 2ED3
£247K08/210.31 mi13, Midford Road, Taunton, Somerset TA1 2JJ3
£305K11/230.33 mi124, South Street, Taunton, Somerset TA1 3AG3

Local Rents

20 rents from £1.2K/mo to £3K/mo, average is £2.7K/mo.

RentDateDistanceAddressBeds 
£1,40008/240.18 mi-3
£2,70009/240.25 mi-3
£2,70012/240.25 mi-3
£2,70002/250.25 mi-3
£2,70003/250.25 mi-3
£1,40009/240.29 mi-3
£2,95002/240.37 mi-3
£2,95009/240.37 mi-3
£2,95009/240.37 mi-3
£2,95009/240.37 mi-3
£2,95009/240.37 mi-3
£2,95007/240.37 mi-3
£2,95008/240.37 mi-3
£2,95002/250.37 mi-3
£2,95003/250.37 mi-3
£1,30009/240.37 miFirepool Crescent, Taunton3
£1,30009/240.37 miFirepool Crescent, Taunton3
£1,20009/240.51 miParmin Way, TA1 3
£1,35009/240.58 miSheldon Court, Taunton3
£1,30009/240.59 miEaton Crescent, Taunton3

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.25 miles away

Nearest school

0.10 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £200,000

February 10, 2025

Floor Plans

Description

  • End of Terrace House +
  • End of a cul-de-sac +
  • Town centre +
  • In need of modernisation +

An end of Terrace Victorian property in need of modernisation. The property is well laid out and conveniently located. No onward chain.

A rarely available end of terrace Victorian home in need of modernisation, just off the centre of Taunton town. Great proportioned rooms with an enclosed rear garden. The property briefly comprises a hallway leading to lounge and separate dining room which leads onto the kitchen, small utility and ground floor bathroom. Stairs rise to the first floor to master bedroom with a double window, second bedroom and third bedroom.

Eastbourne Terrace is located within a short walk of the town centre. Taunton is renowned for its extensive shopping, educational, sporting and cultural facilities and also provides access to the M5 motorway and mainline intercity rail link.

The property is approached from the street which leads directly to the front door. The rear garden is accessed from the kitchen area, the rear garden is an enclosed courtyard.

Agent Details

Greenslade Taylor Hunt, Taunton

01823 211774

Next Steps?

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