2 Bed Semi-Detached House, Planning Permission, Taunton, TA1 2LA, £250,000

Calvados Road, Taunton, TA1 2LA - 2 views - 2 months ago

Sold STC
Planning
ROI: 8%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£125K - £293K
Sold Prices/m²£1.9K/m² - £5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£218,672

 

 

End Value (After Refurb)

£235,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£27,698

Bridging Loan Interest

£6,563

Total Cash In

£107,211

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£235,000

Mortgage (After Refinance)

£176,250

Mortgage LTV

75%

Cash Left In

£107,211

Equity

£58,750

Rent Range

£925 - £2,700

Rent Estimate

£1,805

Running Costs/mo

£1,115

Cashflow/mo

£690

Cashflow/yr

£8,276

ROI

8%

Gross Yield

9%

Local Sold Prices

51 sold prices from £125K to £293K, average is £183K. £1.9K/m² to £5K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£183K01/210.07 mi24, Lisieux Way, Taunton, Somerset TA1 2JZ2
£190K11/200.11 mi55, Bacon Drive, Taunton, Somerset TA1 2LQ2
£166K02/210.11 mi63, Bacon Drive, Taunton, Somerset TA1 2LQ2
£240K08/230.13 mi11, Severn Drive, Taunton, Somerset TA1 2PN2
£181K10/200.13 mi24, Waverney Close, Taunton, Somerset TA1 2RD2
£175K02/210.13 mi6, Waverney Close, Taunton, Somerset TA1 2RD2
£180K06/230.16 mi29, Kenwyn Close, Taunton, Somerset TA1 2RG2
£163K09/230.16 mi32, Kenwyn Close, Taunton, Somerset TA1 2RG2
£196.5K04/230.18 mi8, Semington Close, Taunton, Somerset TA1 2TF2
£160K09/230.18 mi9, Semington Close, Taunton, Somerset TA1 2TF2
£161K09/230.2 mi60, Ashbourne Crescent, Taunton, Somerset TA1 2RB2
£180K12/200.21 mi103, Ashbourne Crescent, Taunton, Somerset TA1 2RA2
£196K03/210.21 mi63, Ashbourne Crescent, Taunton, Somerset TA1 2RA2
£200K09/210.21 mi6, Haywood Road, Taunton, Somerset TA1 2LL2
£293K01/230.21 mi71, Parmin Way, Taunton, Somerset TA1 2JX2
£221K05/240.21 mi69, Parmin Way, Taunton, Somerset TA1 2JX2
£220K04/210.24 mi7, Lynor Close, Taunton, Somerset TA1 2RX2
£220K01/240.25 mi113, Thames Drive, Taunton, Somerset TA1 2TE2
£215K12/230.25 mi43, Avill Crescent, Taunton, Somerset TA1 2PL2
£215K12/230.25 mi43, Avill Crescent, Taunton, Somerset TA1 2PL2
£200K09/230.26 mi137, Redlake Drive, Taunton, Somerset TA1 2RU2
£194K12/230.26 mi135, Redlake Drive, Taunton, Somerset TA1 2RU2
£180K03/210.26 mi54, Ryburn Close, Taunton, Somerset TA1 2RH2
£192.5K01/230.28 mi14, Amber Mead, Taunton, Somerset TA1 2RY2
£169K11/200.29 mi40, Redlake Drive, Taunton, Somerset TA1 2RS2
£180K04/210.34 mi45, Tyne Park, Taunton, Somerset TA1 2RP2
£160K11/210.34 mi51, Tyne Park, Taunton, Somerset TA1 2RP2
£165K01/240.34 mi56, Tyne Park, Taunton, Somerset TA1 2RP2
£175K02/240.34 mi58, Tyne Park, Taunton, Somerset TA1 2RP2
£183K03/230.35 mi24, Wordsworth Drive, Taunton, Somerset TA1 2HW2
£205K01/230.36 mi18, Wordsworth Drive, Taunton, Somerset TA1 2HW2
£205K05/230.37 mi7, Welland Close, Taunton, Somerset TA1 2NW2
£170K08/210.37 mi24, Brooke Road, Taunton, Somerset TA1 2HP2
£173K04/210.41 mi3, Banwell Close, Taunton, Somerset TA1 2NN2
£220K05/230.41 mi2, Banwell Close, Taunton, Somerset TA1 2NN2
£205K03/240.44 mi10, Larch Close, Taunton, Somerset TA1 2SF2
£184K12/230.44 mi19, Trent Meadow, Taunton, Somerset TA1 2NP2
£185K01/240.44 mi23, Trent Meadow, Taunton, Somerset TA1 2NP2
£240K03/240.44 mi21, Eastleigh Road, Taunton, Somerset TA1 2YA2
£180K12/200.47 mi10, Noble Street, Taunton, Somerset TA1 3BD2
£178K02/210.47 mi15, Noble Street, Taunton, Somerset TA1 3BD2
£215K07/230.47 mi14, Noble Street, Taunton, Somerset TA1 3BD2
£154K02/210.47 mi24, Grays Road, Taunton, Somerset TA1 3BB2
£208K01/230.48 mi24, Grays Road, Taunton, Somerset TA1 3BB2
£170K08/210.48 mi32, Grays Road, Taunton, Somerset TA1 3BB2
£187.5K03/210.48 mi10, Viney Street, Taunton, Somerset TA1 3AY2
£167K05/210.48 mi33, Viney Street, Taunton, Somerset TA1 3AY2
£170K11/210.49 mi14, Blake Street, Taunton, Somerset TA1 3BE2
£125K10/200.49 mi19, Hamilton Road, Taunton, Somerset TA1 2EQ2
£150K07/210.51 mi66, Roman Road, Taunton, Somerset TA1 2BQ2
£166K02/230.51 mi66, Roman Road, Taunton, Somerset TA1 2BQ2

Local Rents

16 rents from £925/mo to £2.7K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£99509/240.17 miBowmont Grove, Taunton2
£99509/240.26 miRyburn Close, Taunton TA1 2
£1,10007/240.28 mi-2
£1,05009/240.29 miRedlake Drive, Taunton TA12
£1,00009/240.32 mi-2
£92509/240.34 miTyne Park, Taunton, Somerset2
£2,70009/240.59 mi-2
£2,70012/240.59 mi-2
£2,70002/250.59 mi-2
£2,70003/250.59 mi-2
£1,50002/240.59 mi-2
£1,50002/240.59 mi-2
£2,70009/240.62 mi-2
£2,70011/240.62 mi-2
£2,70002/250.62 mi-2
£2,70003/250.62 mi-2

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.85 miles away

Nearest school

0.20 miles away

Nearest train station

1.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £250,000

February 12, 2025

Floor Plans

Description

  • AGENT ID – 7704 +
  • Two Bedroom Semi Detached +
  • Garage & Driveway +
  • Modern Kitchen & Bathroom +
  • Impressive Extension with Bi-Fold Doors +
  • Large Corner Plot +
  • Sought After Residential Location +
  • Ideal First Time or Investment Purchase +

A delightful two-bedroom semi-detached house, which is well presented throughout and occupies a spacious corner plot. The house was built circa 1973 and has been updated and improved by the current owners since they bought in 2017. You enter through the front door into the entrance hall with space for coats and shoes, stairs rising to the first floor and a door opening to the living room.

The living room is situated at the front of the house and enjoys an attractive outlook over the front lawn and with an understairs cupboard. A door opens through to the kitchen diner, which is located at the rear of the house and benefits from a variety of modern fitted wall and base units with work surfaces over and inset sink with drainer. There is space for a fridge/freezer, dishwasher, and a built-in high-level oven/grill, four ring electric hob and hood over. Beyond the kitchen, there is an opening to a single storey extension which is used as a dining and utility space. There is space for a dining table, plumbing for a washing machine and bi-folding doors to the rear garden.

The Owners Love - The current owners have loved the location and close proximity of amenities just a stone’s throw from the front door. They have enjoyed it here so much, that they are looking to stay in the area when they move. They particularly love “the easy access to get out into town and the many transport links available”. They will mostly miss “our extension, which has made such a difference to the living space” which has been a real joy as a growing family.

Upstairs, on the first-floor landing, there is a loft access hatch and doors to the bedrooms and family bathroom. The master bedroom is a good size double and has a window overlooking the front aspect and built-in wardrobes. The second bedroom also has a built-in wardrobe and overlooks the rear garden. The family bathroom has benefitted from a refit, is now fully tiled and fitted with a three-piece suite including WC, washbasin and bath with shower over.

George Loves - “My first house was almost identical, and it really did feel like home when I arrived! It is the perfect size for somebody on their own, a couple, or even people with a young child as both bedrooms are a good size. I also love a good outdoors space and am partial to a good barbeque in the summer months. The garden is a good size and is very private considering the estate setting. The corner plot is also a big bonus and offers further potential to develop (subject to planning permission”.

Outside, to the rear of the property there is a lovely, secluded garden, which enjoys a good degree of privacy. Initially, there is a patio area, which leads onto the lawn and is enclosed by timber fenced borders and walls. There is a path leading to the side gate with access to the driveway with spaces for two vehicles. There is also a good size garage with power and lighting as well as a secluded hot tub area.

Tenure - Freehold. Council Tax - Band B. Gas - Mains Supply. Water - Mains Supply. Electric - Mains Supply. Drainage - Mains Supply. EPC - Band TBC. Internet Connection - FTTP (Fibre to the premises)

Agent Details

Nest Associates Ltd, National

03001 245280

Next Steps?

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