3 Bed Detached House, Refurb/BRRR, Taunton, TA4 2LZ, £150,000

13 South Street, Wiveliscombe, Somerset, TA4 2LZ - 1 views - 2 months ago

Sold STC
Auction
Refurb/BRRR
~93 m²
+17 photos

ValuationUndervalued

Sold Prices£178K - £558K
Sold Prices/m²£1.4K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£200,000

 

 

End Value (After Refurb)

£294,088

Uplift in Value

+47%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£38,000

Bridging Loan Interest

£3,938

Total Cash In

£88,388

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£294,088

Agent Fees (1%)

£2,941

Bridging Loan

£112,500

Bridging Loan Interest

£3,938

Flip Profit

£90,260

Local Sold Prices

26 sold prices from £178K to £558K, average is £276K. £1.4K/m² to £4K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£235K06/210.04 mi18 Parricks Place, South Street, Wiveliscombe, Taunton, Somerset TA4 2LZ3
£350K10/200.04 mi1a, South Street, Wiveliscombe, Taunton, Somerset TA4 2LZ3
£270K03/210.12 mi8, Church Street, Wiveliscombe, Taunton, Somerset TA4 2LR3
£212.5K03/210.13 mi3, Kingsmead Close, Wiveliscombe, Taunton, Somerset TA4 2NZ3
£265K03/230.15 miHartswell Garden Cottage, Hartswell, Wiveliscombe, Taunton, Somerset TA4 2NF3
£440K03/240.19 miMorecroft, West Street, Wiveliscombe, Taunton, Somerset TA4 2JP3
£558K07/230.23 miCollards, Ford Road, Wiveliscombe, Taunton, Somerset TA4 2NJ3
£530K03/210.24 miLamberts, Hauling Way, Wiveliscombe, Taunton, Somerset TA4 2PP3
£233K10/220.25 mi9, Market Place, Wiveliscombe, Taunton, Somerset TA4 2PJ3
£315K02/230.28 mi33, Golden Hill, Wiveliscombe, Taunton, Somerset TA4 2NT3
£212.5K06/230.3 mi13, Coopers Heights, Wiveliscombe, Taunton, Somerset TA4 2YB3
£290K10/220.32 mi5, Nordens Meadow, Wiveliscombe, Taunton, Somerset TA4 2JW3
£305K11/200.32 mi13, Spring Gardens, Wiveliscombe, Taunton, Somerset TA4 2LQ3
£205K12/200.32 mi47, Golden Hill, Wiveliscombe, Taunton, Somerset TA4 2NU3
£205K12/200.32 mi47, Golden Hill, Wiveliscombe, Taunton, Somerset TA4 2NU3
£280K12/220.32 mi18, Spring Gardens, Wiveliscombe, Taunton, Somerset TA4 2LQ3
£325K12/230.33 mi2, Eastleigh Close, Wiveliscombe, Taunton, Somerset TA4 2LH3
£385K06/210.35 mi1, Masons Square, Wiveliscombe, Taunton, Somerset TA4 2NS3
£199.9K01/210.35 mi8, Bollams Mead, Wiveliscombe, Taunton, Somerset TA4 2PH3
£285K02/230.35 mi10, Bollams Mead, Wiveliscombe, Taunton, Somerset TA4 2PH3
£285K03/240.37 mi16, Style Road, Wiveliscombe, Taunton, Somerset TA4 2LN3
£225.5K05/210.38 mi16, Nordens Meadow, Wiveliscombe, Taunton, Somerset TA4 2JW3
£235K11/200.38 mi12, Nordens Meadow, Wiveliscombe, Taunton, Somerset TA4 2JW3
£178K04/210.39 mi46, Northgate, Wiveliscombe, Taunton, Somerset TA4 2LF3
£272K10/230.48 mi46, Plain Pond, Wiveliscombe, Taunton, Somerset TA4 2UD3
£442K01/230.85 miChilcotts, Langley Cross, Wiveliscombe, Taunton, Somerset TA4 2UQ3

Local Rents

3 rents from £725/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£72512/230.23 mi-2
£1,10009/240.37 miWiveliscombe 3
£1,45009/241.96 miFitzhead, Taunton4

Local Area Statistics

Population in TA4

19,149

Population in Taunton

85,088

Town centre distance

9.43 miles away

Nearest school

0.10 miles away

Nearest train station

8.75 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Price changed to £150,000

February 28, 2025

Listed for £200,000

February 10, 2025

Floor Plans

Description

  • An attractive period house +
  • Now in need of modernisation. +
  • Cellars +
  • For sale by public Auction +

An attractive period house offering three bedroom living accommodation, gardens and cellars, now in need of modernisation. For sale by public Auction on Wednesday 26th March 2025 at 2:00pm at the Batch Country House, Lympsham, Nr Weston Super Mare, BS24 0EX.

This attractive double fronted period home appears to date back to the early 19th Century. The property is of rendered elevations under a hipped slate roof and enjoys gas fired central heating throughout. The accommodation which is in need of modernisation comprises an entrance porch, two symmetrical reception rooms and to the rear is a generous kitchen/dining room. The rear hall gives access to the cellars and stairs rise to the first floor where three bedrooms and a family bathroom with separate W.C. can be found.

METHOD OF SALE
The property will be offered for sale via in room and online livestream auction on Wednesday 26th March 2025 at 2:00pm.
It is possible the property may be sold prior to the auction date therefore it is advisable for interested parties to register their interest with the Agents and it is their responsibility to check with the Agents whether the property will still be offered on the auction date.

AUCTION PACK
The Auction Pack, containing the contract and special conditions of sale, should be obtained online. 
documents will not be read at the time of sale and all prospective purchasers will be deemed to have bid for
the property in full knowledge of their contents and shall not raise any requisition or objection whatsoever thereafter.

BUYER’S ADMINISTRATION FEE
The successful purchaser(s) will be liable to pay a Buyer’s Administration Fee based upon the eventual sale price to the selling Agents. See our Terms & Conditions for Livestream and In Room Auctions for further details.

BIDDER REGISTRATION
All potential online, telephone & proxy bidders are required to register their details with Greenslade Taylor Hunt prior to the commencement of the auction by completing the Online Bidder Registration.
Those attending the auction room to bid in person will complete bidder registration on arrival to the auction room. All in room bidders must provide 2 forms of Identification in order to register. Further details are available from the Agents upon request.

CONSUMER PROTECTION REGULATIONS
While we endeavour to make our sales details accurate and reliable, if there is any point which is of particular interest to you please contact the office and we will be pleased to confirm the position for you, particularly if you are contemplating travelling some distance to view the property.

GUIDE PRICE
An indication of the seller’s current minimum price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

RESERVE PRICE
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

CONDITIONS OF SALE
If you are the successful Buyer you will - from the moment the Auctioneer's gavel falls - become legally bound by the Conditions of Sale in relation to that Lot. Further details are available from the Agent. It will be assumed that you have read and considered the Conditions of Sale and any other relevant documents for the Lot (s) you are interested in before the day of the Auction, that you have shown them to your professional advisors and taken their professional advice before bidding. All buyers will be deemed to fully understand what they may be liable for if successful in purchasing. This should also include Stamp Duty Land Tax, Land Registry fees and VAT which may become payable on completion. If a potential purchaser is in any doubt they should seek advice from their own professional advisors.

RICS COMMON AUCTION CONDITIONS
We sell in accordance with RICS Common Auction Conditions 7th Edition, a copy of which is available on our website.

SOLICITORS DETAILS
Somerset Council. russ. .

Agent Details

Greenslade Taylor Hunt, Taunton

01823 211774

Next Steps?

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