3 Bed Terraced House, Refurb/BRRR, Taunton, TA1 5EN, £180,000

Farrant Close, Bishops Hull, Taunton, TA1 5EN - 1 views - 2 months ago

Auction
Refurb/BRRR
~93 m²
+10 photos

ValuationFair Value

Sold Prices£171.5K - £463K
Sold Prices/m²£2K/m² - £9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£181,800

 

 

End Value (After Refurb)

£296,283

Uplift in Value

+65%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Refurb Costs

£37,820

Bridging Loan Interest

£4,725

Total Cash In

£95,895

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£296,283

Agent Fees (1%)

£2,963

Bridging Loan

£135,000

Bridging Loan Interest

£4,725

Flip Profit

£62,425

Local Sold Prices

50 sold prices from £171.5K to £463K, average is £287.5K. £2K/m² to £9K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£260K10/230.12 mi4, Shutewater Close, Bishops Hull, Taunton, Somerset TA1 5EH3
£395K09/210.15 miOld Church Hall, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5EW3
£285.1K12/220.16 mi87, Shutewater Orchard, Bishops Hull, Taunton, Somerset TA1 5FA3
£425K06/210.18 miThe Coach House, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5EP3
£375K07/230.2 miRokeby, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5EG3
£370K12/200.27 mi3, Orchard Drive, Bishops Hull, Taunton, Somerset TA1 5ES3
£285K12/200.3 mi9, Daws Mead, Bishops Hull, Taunton, Somerset TA1 5HQ3
£246K12/200.34 mi64, Gillards, Bishops Hull, Taunton, Somerset TA1 5HJ3
£375K08/210.36 miHamwood Orchard, Hamwood, Bishops Hull, Taunton, Somerset TA1 5EA3
£340K08/210.37 mi44, Bakers Close, Bishops Hull, Taunton, Somerset TA1 5HD3
£335K03/240.37 mi25, Bakers Close, Bishops Hull, Taunton, Somerset TA1 5HD3
£460K12/220.37 miWestover, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5ER3
£195K04/210.44 mi29, Great Mead, Bishops Hull, Taunton, Somerset TA1 5HE3
£349.5K03/230.47 mi23, Badgers Close, Bishops Hull, Taunton, Somerset TA1 5HL3
£352K12/200.49 mi7, West Field Close, Taunton, Somerset TA1 5JU3
£275K08/210.49 mi65, Mountway Road, Bishops Hull, Taunton, Somerset TA1 5DS3
£218K03/210.49 mi21, Robin Close, Bishops Hull, Taunton, Somerset TA1 5EU3
£275K02/230.5 mi83, Mountway Road, Bishops Hull, Taunton, Somerset TA1 5DS3
£385K03/230.55 mi29, Highfield, Taunton, Somerset TA1 5JG3
£285K08/210.55 mi11, Walnut Close, Bishops Hull, Taunton, Somerset TA1 5HP3
£405K08/230.56 mi18, Highfield, Taunton, Somerset TA1 5JF3
£290K06/210.59 mi72, Deane Drive, Taunton, Somerset TA1 5PR3
£380K11/210.6 mi5, Highfield, Taunton, Somerset TA1 5JE3
£330K12/200.61 mi7, Highfield Crescent, Taunton, Somerset TA1 5JH3
£257K09/230.61 mi11, Wren Close, Bishops Hull, Taunton, Somerset TA1 5EZ3
£325K04/210.63 miDunheved, Mountway Close, Bishops Hull, Taunton, Somerset TA1 5LP3
£285K08/210.64 mi44, Deane Drive, Taunton, Somerset TA1 5PG3
£463K07/230.65 miKantara, Comeytrowe Lane, Taunton, Somerset TA1 5JB3
£175K02/210.66 mi27, Galmington Road, Taunton, Somerset TA1 5NJ3
£334K07/230.67 mi7, Chilliswood Crescent, Taunton, Somerset TA1 5PL3
£255K02/210.67 mi7, Chilliswood Crescent, Taunton, Somerset TA1 5PL3
£268K03/230.68 mi55, Mill House Road, Norton Fitzwarren, Taunton, Somerset TA2 6DA3
£290K05/230.7 mi9, Galmington Close, Taunton, Somerset TA1 5NR3
£290K05/230.7 mi24, Galmington Close, Taunton, Somerset TA1 5NR3
£265K03/230.7 mi35, Galmington Close, Taunton, Somerset TA1 5NR3
£210K12/230.71 mi5, Deane Drive, Taunton, Somerset TA1 5PE3
£337.5K06/230.72 mi14, Somerset Avenue, Taunton, Somerset TA1 5HU3
£402.9K10/210.72 mi9, Mountway Road, Bishops Hull, Taunton, Somerset TA1 5LR3
£292.5K03/230.73 mi12, Upcot Crescent, Taunton, Somerset TA1 5PH3
£215K03/210.74 mi14, Belmont Road, Taunton, Somerset TA1 5NS3
£240K04/240.74 mi48, Morse Road, Norton Fitzwarren, Taunton, Somerset TA2 6BU3
£360K04/230.75 mi32, Comeytrowe Lane, Taunton, Somerset TA1 5HY3
£290K09/210.76 mi51, Upcot Crescent, Taunton, Somerset TA1 5PJ3
£265K06/230.78 mi31, Musgrove Road, Taunton, Somerset TA1 5LB3
£179K05/230.78 mi30, Musgrove Road, Taunton, Somerset TA1 5LB3
£171.5K02/210.81 mi2, Spring Terrace, Norton Fitzwarren, Taunton, Somerset TA2 6QY3
£255K09/230.82 mi25, Northwood Close, Norton Fitzwarren, Taunton, Somerset TA2 6TD3
£252.5K03/210.83 mi137, Queensway, Taunton, Somerset TA1 5QT3
£232.5K03/240.84 mi10, Coopers Mill, Norton Fitzwarren, Taunton, Somerset TA2 6NX3
£265K11/220.85 mi3, Comeytrowe Road, Taunton, Somerset TA4 1EG3

Local Rents

51 rents from £650/mo to £3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£99509/240.36 miHamwood, Taunton2
£1,30009/240.41 miBishops Hull Hill, Bishops Hull, Taunton2
£85009/240.63 miMountway Road 1
£1,10001/240.65 mi-2
£2,99909/240.68 miStonegallows, Taunton, Somerset, TA15
£95012/230.68 mi-2
£95001/240.68 mi-2
£75009/240.69 miFalcon Court, Heron Drive, Bishops Hull, Taunton, Somerset 1
£1,10009/240.7 miMorse Road, Norton Fitzwarren, Taunton2
£98509/240.73 miMorse Road, Norton Fitzwarren, Taunton1
£85009/240.76 miApple Tree Close, Norton Fitzwarren, Taunton, Somerset, TA21
£1,20009/240.76 miApple Tree Close, Norton Fitzwarren, TAUNTON2
£1,17508/240.8 mi-2
£1,20002/250.8 mi-2
£2,10006/230.8 mi-4
£1,05009/240.83 miGalmington2
£90009/240.83 miMarshall Court, Norton Fitzwarren, Somerset2
£1,30009/240.86 miHele Manor Barns, Hele, Taunton, TA43
£1,05009/240.86 miHele Manor Barns, Taunton, TA43
£99509/240.91 miHele Manor Barns, Hele, Taunton, TA42
£92509/240.92 mi-2
£92509/240.92 mi-2
£92507/240.92 mi-2
£1,10003/250.92 mi-2
£1,30009/240.93 mi-3
£99002/240.95 mi-2
£1,60009/240.95 miCollett Road, Norton Fitzwarren, TAUNTON4
£1,25010/230.95 mi-4
£1,50009/240.97 miTaunton, TA13
£69502/240.98 mi-1
£95002/240.99 mi-2
£1,75009/241.01 miManor Orchard, Taunton, TA13
£1,70009/241.02 miGrove Gate 4
£1,07509/241.06 miHilary Road, TAUNTON2
£1,15009/241.11 mi-3
£1,27510/241.11 mi-3
£97504/251.15 mi-2
£95009/241.15 miMonmouth Court, Bindon Road, Taunton, Somerset, TA22
£95002/251.17 mi-2
£90009/241.19 miRichmond Road 2
£65003/251.2 mi-2
£99503/251.21 mi-2
£1,25009/241.21 miRichmond Road, Taunton, TA13
£1,70003/251.23 mi-4
£1,09509/241.24 miStaplegrove Road, TAUNTON2
£1,30006/241.25 mi-3
£1,10009/241.25 miRichmond Road, TAUNTON2
£2,00009/241.28 miFrench Weir Avenue 5
£92509/241.28 miWoodstock Road, Taunton, TA12
£1,35009/241.28 miWoodstock Road3
£1,35009/241.29 miBradford Close, Taunton, Somerset, TA13

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

1.86 miles away

Nearest school

0.30 miles away

Nearest train station

1.71 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 13, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • NO CHAIN! +
  • In Need Of Refurbishment Throughout +
  • Desirable Village Location +
  • Perfect First Time Buy / Project Property +

SUMMARY
A THREE-BEDROOM, mid-terrace home nestled in the DESIRABLE VILLAGE of Bishops Hull. In need of complete renovation throughout, this property boasts GREAT POTENTIAL. What's more, this home is offered to the market with NO ONWARD CHAIN!

DESCRIPTION
.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Agents Note: 
Vendor is unsure of Broadband source.

Entrance Porch 
Hard flooring. Double glazed throughout.

Entrance Hall 
Laminate flooring. Radiator.

Lounge 16' 5" Max x 11' 9" Max ( 5.00m Max x 3.58m Max )
Laminate flooring. Double glazed window. Electric fire.

Kitchen/Diner 16' 1" Max x 9' 3" Max ( 4.90m Max x 2.82m Max )
Tiled flooring. Double glazed window. Radiator. Wall and base kitchen units. Space for white goods under countertop. Boiler. Cooker included in the sale.

Landing 
Carpet. Storage cupboard. Attic access.

Bedroom 1 12' 6" Max x 10' 3" Max ( 3.81m Max x 3.12m Max )
Double glazed window. Radiator. Storage cupboard.

Bedroom 2 11' 4" Max x 9' 1" + Door Recess ( 3.45m Max x 2.77m + Door Recess )
Double glazed window. Radiator. Built-in wardrobe.

Bedroom 3 8' 9" Max x 8' 3" Max ( 2.67m Max x 2.51m Max )
Laminate flooring. Double glazed window. Radiator.

Family Bathroom 
Vinyl flooring. Frosted double glazed window. Radiator. WC. Washbasin. Bath with shower-head attachment.

Rear Garden 
Patio. Fences recently replaced.

Parking Arrangements 
Non-allocated parking is available on the street, in a layby to the front of the property.

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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Fox & Sons, Taunton

01823 211790

Next Steps?

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