5 Bed Terraced House, Refurb/BRRR, Taunton, TA1 1DJ, £475,000

84 Staplegrove Road, Taunton, TA1 1DJ - 3 views - 2 months ago

Refurb/BRRR
ROI: 1%
~178 m²
+18 photos

ValuationFair Value

Sold Prices£240K - £865K
Sold Prices/m²£1.9K/m² - £5.4K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2.7K/m²

Value Estimate

£479,750

 

 

End Value (After Refurb)

£470,018

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Refurb Costs

£72,502

Bridging Loan Interest

£12,469

Total Cash In

£232,170

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£470,018

Mortgage (After Refinance)

£352,514

Mortgage LTV

75%

Cash Left In

£232,170

Equity

£117,505

Rent Range

£1,100 - £3,600

Rent Estimate

£2,012

Running Costs/mo

£1,891

Cashflow/mo

£121

Cashflow/yr

£1,450

ROI

1%

Gross Yield

5%

Local Sold Prices

21 sold prices from £240K to £865K, average is £510K. £1.9K/m² to £5.4K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£405K04/210.03 mi84a, Staplegrove Road, Taunton, Somerset TA1 1DJ5
£465K10/210.04 mi23, Linden Grove, Taunton, Somerset TA1 1EF5
£635K05/210.09 mi1, The Avenue, Taunton, Somerset TA1 1EA5
£695K12/230.11 mi10, The Avenue, Taunton, Somerset TA1 1EA5
£865K10/230.11 mi5, The Avenue, Taunton, Somerset TA1 1EA5
£825K09/210.12 mi1, Elm Grove, Taunton, Somerset TA1 1EG5
£850K03/210.13 mi6, Elm Grove, Taunton, Somerset TA1 1EG5
£432.5K04/210.14 mi14, Weirfield Green, Taunton, Somerset TA1 1AZ5
£600K04/210.19 mi6, Richmond Green, Taunton, Somerset TA1 1DZ5
£330K03/210.5 mi77, Greenway Road, Taunton, Somerset TA2 6LD5
£317K03/240.55 mi1, Plais Street, Taunton, Somerset TA2 7PR5
£340K03/210.58 miCranmore, Kilkenny Avenue, Taunton, Somerset TA2 7PJ5
£360K10/210.59 mi23, Peter Street, Taunton, Somerset TA2 7BY5
£415K07/230.61 mi2, Dowell Close, Taunton, Somerset TA2 6BA5
£590K07/210.63 mi5, Manor Drive, Taunton, Somerset TA1 4RP5
£385K03/210.65 mi180, Greenway Road, Taunton, Somerset TA2 6LH5
£515K06/210.72 mi21, Mount Nebo, Taunton, Somerset TA1 4HG5
£685K05/210.89 mi9, Fons George Road, Taunton, Somerset TA1 3JU5
£240K01/210.91 mi2, Galmington Close, Taunton, Somerset TA1 5NR5
£715K08/230.95 mi15, Haydon Close, Bishops Hull, Taunton, Somerset TA1 5HF5
£510K10/231 mi95, South Street, Taunton, Somerset TA1 3AG5

Local Rents

43 rents from £1.1K/mo to £3.6K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£2,00009/240.09 miFrench Weir Avenue 5
£1,35009/240.12 miWoodstock Road3
£1,25009/240.21 miRichmond Road, Taunton, TA13
£1,35009/240.21 miSheldon Court, Taunton3
£1,99908/240.25 mi-5
£3,60009/240.55 miPortman Street, TAUNTON6
£1,10008/240.56 mi-4
£1,25002/250.58 mi-3
£1,50009/240.58 miTaunton, TA13
£1,25009/240.63 mi-3
£1,35010/240.64 mi-3
£1,75009/240.69 miTaunton4
£1,95001/250.7 mi-3
£1,30009/240.71 miEaton Crescent, Taunton3
£1,75009/240.72 miManor Orchard, Taunton, TA13
£2,95002/240.75 mi-3
£2,95009/240.75 mi-3
£2,95009/240.75 mi-3
£2,95009/240.75 mi-3
£2,95009/240.75 mi-3
£2,95007/240.75 mi-3
£2,95008/240.75 mi-3
£2,95002/250.75 mi-3
£2,95003/250.75 mi-3
£1,30009/240.76 miFirepool Crescent, Taunton3
£1,90011/240.76 mi-3
£1,30009/240.76 miFirepool Crescent, Taunton3
£1,40008/240.87 mi-3
£2,70009/240.94 mi-3
£2,70012/240.94 mi-3
£2,70002/250.94 mi-3
£2,70003/250.94 mi-3
£1,95009/240.95 miKings Square, TAUNTON4
£2,95009/241.01 miManor Meadow, Staplegrove5
£1,40009/241.03 mi-3
£1,70003/251.05 mi-4
£1,25005/241.11 mi-3
£1,70009/241.14 miGrove Gate 4
£1,27511/241.15 mi-3
£1,15009/241.15 mi-3
£1,75009/241.15 miPikes Crescent, Taunton, TA13
£1,40010/241.16 mi-3
£1,47504/251.16 mi-3

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.65 miles away

Nearest school

0.10 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £475,000

February 24, 2025

Floor Plans

Description

  • Convenient town location +
  • Grade II Listed +
  • Double fronted period house +
  • Five double bedrooms, one en-suite +
  • Three reception rooms +
  • Fitted kitchen and utility +
  • Garden and off road parking +
  • No onward chain +
  • Council Tax band D +
  • Freehold +

An elegant Grade II Listed five bedroom, three reception room, family home retaining many original features with the benefit of off road parking. Council Tax band F, EPC exempt due to listing, Freehold

Situation - The property is situated on the northern side of Taunton ideally located on the edge of the vibrant town centre and within walking distance of French Weir Park and local amenities. Taunton School and the Nuffield Hospital are also easily accessible. The town centre offers a comprehensive range of recreational and scholastic facilities as well as great communication links. There is a mainline railway station, whereby London Paddington can be reached in less than two hours and J25 of the M5 motorway interchange is close by. Being on the northern side of Taunton means there is easy access to the Quantock Hills, the first area of outstanding natural beauty in the country. The Quantock Hills offer many outdoor pursuits, including walking, horse riding, biking and much more.

Description - The property benefits from generous living spaces across three floors. While some areas would benefit from modernisation, the property presents an excellent opportunity to enhance its historic elegance and create a lovely family home with many original and character features throughout.

Accommodation - From the front you enter into a generous entrance porch with ornate tiled flooring and a stained glass door leading to the dining room. The dining room centres upon a charming fireplace with a stone surround, a large bay window with electronic roller blinds, and exposed wooden flooring that extends into the lounge, hallway and snug. The lounge is a spacious living area with an original Georgian ceiling with classical mouldings and coving. and a fireplace with stone surround and a large bay window to the front. The snug/breakfast room is a cosy yet versatile third reception room with a wood-burning stove - an open access leads from here into the kitchen. The kitchen offers solid wood cabinetry with granite worktops, a large corner larder cupboard, and recessed spaces for an electric cooker and fridge/freezer. There is a separate utility area which includes plumbing for a washing machine and tumble dryer, alongside a wall-mounted gas boiler and WC.

To the first floor there are three spacious bedrooms (one with ensuite bathroom), a family bathroom which includes a corner bath with a wall-mounted shower over and a separate WC with washbasin and stained glass window. To the second Floor there are a further two bedrooms.

Outside - To the front the garden is laid to lawn with a concrete pathway leading to the front door. To the rear the garden is an L-shaped space laid with patio and lawn, complete with a charming timber-and-glass pergola. Double gates open onto Linden Grove, providing private parking for up to two cars with further permit parking available on Linden Grove.

Services - Mains drainage, gas, electricity. Gas and electric heating with open fires and dual fuel woodburner. Ultrafast broadband available (Ofcom), Mobile signal likely available (Ofcom) Please note the agents have not inspected or tested the services.

Directions - From the centre of town head north along North Street, over the River Tone and fork left at the second set of traffic lights into Staplegrove Road where the property can be found on the right hand side after a short distance identifiable by the Stags For Sale board

Agent Details

Stags, Taunton

01823 217460

Next Steps?

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