2 Bed Terraced House, Cash/Bridging Only, Taunton, TA4 1GQ, £290,000

The Hamptons, Cotford St. Luke, TA4 1GQ - 2 views - a month ago

Cash
ROI: 1%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£135K - £320K
Sold Prices/m²£2.2K/m² - £4.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.3K/m²

Value Estimate

£216,717

 

 

End Value (After Refurb)

£266,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£27,830

Bridging Loan Interest

£7,613

Total Cash In

£122,393

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£266,250

Mortgage (After Refinance)

£199,688

Mortgage LTV

75%

Cash Left In

£122,393

Equity

£66,563

Rent Range

£850 - £1,800

Rent Estimate

£1,140

Running Costs/mo

£1,080

Cashflow/mo

£60

Cashflow/yr

£720

ROI

1%

Gross Yield

5%

Local Sold Prices

29 sold prices from £135K to £320K, average is £202K. £2.2K/m² to £4.8K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£190K05/230.08 mi19, Grenville View, Cotford St Luke, Taunton, Somerset TA4 1JH2
£219.9K07/230.16 mi31, Graham Way, Cotford St Luke, Taunton, Somerset TA4 1JG2
£202K12/220.17 mi5, Stutts End, Cotford St Luke, Taunton, Somerset TA4 1NX2
£185K09/210.22 mi26, Manning Road, Cotford St Luke, Taunton, Somerset TA4 1NY2
£185K09/210.22 mi26, Manning Road, Cotford St Luke, Taunton, Somerset TA4 1NY2
£192.5K11/220.23 mi32, Venn Close, Cotford St Luke, Taunton, Somerset TA4 1JQ2
£217.5K06/210.27 mi64, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1PD2
£160K11/200.27 mi96, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1PD2
£205K04/230.27 mi98, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1PD2
£160K11/200.29 mi96, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1PD2
£218K02/230.29 mi35, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1NU2
£220K12/221.1 mi19, Webbers, Bishops Lydeard, Taunton, Somerset TA4 3QX2
£169K02/211.17 mi11, Station Green, Bishops Lydeard, Taunton, Somerset TA4 3DL2
£175K06/211.18 mi5, Groats, Bishops Lydeard, Taunton, Somerset TA4 3NX2
£185K02/211.22 mi30, Wheatstones, Bishops Lydeard, Taunton, Somerset TA4 3NS2
£320K04/231.26 mi7, Gore Square, Bishops Lydeard, Taunton, Somerset TA4 3BW2
£255K10/201.26 mi7, Gore Square, Bishops Lydeard, Taunton, Somerset TA4 3BW2
£172K08/211.28 mi5, Millers Way, Bishops Lydeard, Taunton, Somerset TA4 3NP2
£181K04/241.33 mi133, Greenway, Bishops Lydeard, Taunton, Somerset TA4 3DB2
£165K05/211.35 mi1, Oake Acres, Oake, Taunton, Somerset TA4 1AU2
£255K08/211.36 mi3, Snathe Lea, Bishops Lydeard, Taunton, Somerset TA4 3PH2
£273K02/231.42 mi19, Four Acre Mead, Bishops Lydeard, Taunton, Somerset TA4 3NW2
£305K03/231.42 mi5, Four Acre Mead, Bishops Lydeard, Taunton, Somerset TA4 3NW2
£135K07/231.45 mi5, New Buildings, Hillcommon, Taunton, Somerset TA4 1DX2
£207.1K12/221.45 mi1, New Buildings, Hillcommon, Taunton, Somerset TA4 1DX2
£220K03/241.9 mi72, Blackdown View, Norton Fitzwarren, Taunton, Somerset TA2 6TB2
£230K12/221.96 mi43, Morse Road, Norton Fitzwarren, Taunton, Somerset TA2 6BU2
£224K05/211.96 mi1, Fennington Cottages, Kingston St Mary, Taunton, Somerset TA2 8AS2
£140K12/201.99 mi150, Mill House Road, Norton Fitzwarren, Taunton, Somerset TA2 6EY2

Local Rents

39 rents from £850/mo to £1.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,19509/240.16 mi-3
£95009/240.16 miGraham Way, Cotford St. Luke, TAUNTON2
£1,65007/230.17 mi-4
£92509/240.17 miCotford St Luke 2
£1,20009/240.18 miSt. Lukes Mews, TA43
£98010/230.22 mi-2
£92509/240.23 miMerrifields, Cotford St. Luke, 2
£87509/240.24 miPark View, Cotford St Luke. TA42
£1,37509/240.27 miBurge Crescent, Cotford St. Luke, TAUNTON3
£1,20009/240.31 miCotford St. Luke3
£1,80009/240.71 miCotford St Luke, Taunton2
£1,25009/240.91 miHeathfiled Court TA42
£1,25009/241.17 miMill Lane, Bishops Lydeard3
£1,30009/241.61 miChurch Street, Bishops Lydeard, Taunton, TA43
£90009/241.79 miMarshall Court, Norton Fitzwarren, Somerset2
£92509/241.89 mi-2
£92509/241.89 mi-2
£92507/241.89 mi-2
£1,05009/241.9 miHele Manor Barns, Taunton, TA43
£95001/241.93 mi-2
£95012/231.93 mi-2
£1,30009/241.93 miHele Manor Barns, Hele, Taunton, TA43
£99509/241.96 miHele Manor Barns, Hele, Taunton, TA42
£1,10009/241.97 miMorse Road, Norton Fitzwarren, Taunton2
£98509/241.98 miMorse Road, Norton Fitzwarren, Taunton1
£1,10001/241.99 mi-2
£1,00009/242.16 mi-3
£1,20011/242.18 mi-4
£1,00011/242.18 mi-2
£1,10002/252.18 mi-2
£99002/242.19 mi-2
£1,20009/242.23 miApple Tree Close, Norton Fitzwarren, TAUNTON2
£85009/242.24 miApple Tree Close, Norton Fitzwarren, Taunton, Somerset, TA21
£1,60009/242.28 miCollett Road, Norton Fitzwarren, TAUNTON4
£1,25010/232.28 mi-4
£95002/242.45 mi-2
£1,70009/242.45 miGrove Gate 4
£1,27510/242.48 mi-3
£1,15009/242.48 mi-3

Local Area Statistics

Population in TA4

19,149

Population in Taunton

85,088

Town centre distance

4.18 miles away

Nearest school

0.10 miles away

Nearest train station

3.78 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Price changed to £290,000

March 12, 2025

Listed for £300,000

February 27, 2025

Floor Plans

Description

  • Lavishly High Ceilings +
  • Parking For Two Cars +
  • Open Plan Living +
  • Low Maintenance Garden +
  • Secure Gated Development +
  • Two Well Proportioned Double Bedrooms +

This stunning two bedroom terraced house situated in the heart of the beautiful, exclusive and gated 'The Hamptons' development in Cotford St Luke. The property is presented to an exquisite standard throughout and benefits from a large open living space, lavishly high ceilings and generous room sizes. The property further benefits from a stunning low maintenance garden and private parking for two cars.

Entrance Hall

Kitchen/Living Room/Dining Room 21'4" x 19'10" (6.49m x 6.05m)

Cloakroom

First Floor Landing

Bedroom One 14'9" x 8'1" (4.49m x 2.47m)

En Suite

Bedroom Two 10'8" x 10'1" (3.25m x 3.08m)

En Suite

Low Maintenance Garden

Two Allocated Parking Spaces

National trading standards have ruled that agents must give information which is material to the decision-making process of the average consumer. Below is a list of additional information about the property believed to be ‘material’.

Utilities – • Electricity supply – Mains electricity • Water supply – Mains water • Sewerage - Mains sewage • Heating – Gas central heating • Broadband – Ultrafast Full Fibre Broadband • Mobile signal/coverage – Limited Voice and Data across EE, O2, Vodaphone and Three

IMPORTANT NOTICE: The Property Centre for themselves and for the vendors of the property, whose agents they are, give notice that: 1. the particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchaser and do not constitute part of an offer or contract. Prospective purchasers and lessees ought to seek their own professional advice. 2. All descriptions, dimensions, areas, reference to condition and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of The Property Centre has any authority to make or give any representations or warranty whatever in relation to this property on behalf of The Property Centre, nor enter into any contract on behalf of the vendor. 4. No responsibility can be accepted for any expenses incurred by intending purchasers in inspecting properties which have been sold, let or withdrawn.

Photographs taken and details prepared February 2025.

MEASUREMENTS AND OTHER INFORMATION: All measurements are approximate. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information with you. Code of Practice for Residential Estate Agents: Effective from 1 August 2011: '8. Financial Evaluation 8a At the time that an offer has been made and is being considered by the seller, you must take reasonable steps to find out from the prospective buyer the source and availability of his funds for buying the property and pass this information to the seller. Such information will include whether the prospective buyer needs to sell a property, requires a mortgage, claims to be a cash buyer or any combination of these. Such relevant information that is available should be included in the Memorandum of Sale having regard to the provisions of the Data Protection Act.8b These reasonable steps must continue after acceptance of the offer until exchange of contracts (in Scotland, conclusion of missives) and must include regular monitoring of the prospective buyer's progress in achieving the funds required, and reporting such progress to the seller. The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for their purpose. A Buyer is advised to obtain verification from their solicitor or surveyor. References to the Tenure of the Property are based on information supplied by the Seller. The agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.

Agent Details

The Property Centre, Taunton

01823 589603

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