2 Bed Flat, Single Let, Taunton, TA1 1PY, £134,500

Winters Field, Taunton, TA1 1PY - a month ago

Sold STC

Leasehold

BTL

ROI: 8%

~68 m²

+4 photos

ValuationUndervalued

Sold Prices	£58.8K - £295K
Sold Prices/m²	£1.1K/m² - £3.2K/m²

Square Metres	~68.11 m²
Price/m²	£2K/m²
Value Estimate	£164,785£164,785
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£33,625£33,625
Stamp Duty & Legal Fees	£7,925£7,925
Total Cash In	£41,550£41,550

Cash Out
Rent Range	£850 - £2,700£850 - £2,700
Rent Estimate	£895
Running Costs/mo	£619£619
Cashflow/mo	£276£276
Cashflow/yr	£3,308£3,308
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

52 sold prices from £58.8K to £295K, average is £145K. £1.1K/m² to £3.2K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£115K	01/21	0.03 mi	37, Winters Field, Taunton, Somerset TA1 1PY	£1,885	61	2	Flat
£211K	11/23	0.09 mi	52, Geoffrey Farrant Walk, Taunton, Somerset TA1 1PU	£2,638	80	2	Flat
£185K	12/23	0.15 mi	29, Firepool View, Taunton, Somerset TA1 1NY	£2,681	69	2	Flat
£172.5K	08/23	0.16 mi	50, Firepool Crescent, Taunton, Somerset TA1 1AT	£2,738	63	2	Flat
£159K	11/20	0.18 mi	36, Firepool View, Taunton, Somerset TA1 1PS	£2,304	69	2	Flat
£179K	02/21	0.18 mi	28, Firepool View, Taunton, Somerset TA1 1PS	£2,594	69	2	Flat
£172K	07/21	0.18 mi	4, Firepool View, Taunton, Somerset TA1 1PS	£2,730	63	2	Flat
£187K	01/23	0.18 mi	16, Firepool View, Taunton, Somerset TA1 1PS	£3,224	58	2	Flat
£165K	01/23	0.19 mi	35, Cunningham Court, Taunton, Somerset TA1 1AR	£2,845	58	2	Flat
£147.5K	01/21	0.19 mi	2, Cunningham Court, Taunton, Somerset TA1 1AR	£2,783	53	2	Flat
£175K	09/23	0.19 mi	36, Cunningham Court, Taunton, Somerset TA1 1AR	£3,017	58	2	Flat
£148K	03/21	0.23 mi	42b, Laburnum Street, Taunton, Somerset TA1 1LB	-	-	2	Flat
£138K	09/23	0.3 mi	Flat 42, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX	-	-	2	Flat
£122.5K	09/23	0.3 mi	Flat 27, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX	-	-	2	Flat
£122.5K	08/21	0.31 mi	Flat 2, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX	-	-	2	Flat
£165K	01/23	0.31 mi	2, The Octagon, Taunton, Somerset TA1 1RT	£3,056	54	2	Flat
£138K	03/23	0.32 mi	5, Eastgate Gardens, Taunton, Somerset TA1 1RD	£2,464	56	2	Flat
£150K	09/23	0.32 mi	9, The Octagon, Taunton, Somerset TA1 1RT	£2,586	58	2	Flat
£112.5K	11/20	0.34 mi	10, Eastgate Gardens, Taunton, Somerset TA1 1RD	£1,815	62	2	Flat
£130K	10/21	0.35 mi	39, Eastgate Gardens, Taunton, Somerset TA1 1RD	-	-	2	Flat
£150K	04/23	0.35 mi	38, Eastgate Gardens, Taunton, Somerset TA1 1RD	£2,419	62	2	Flat
£160K	12/23	0.35 mi	44, Eastgate Gardens, Taunton, Somerset TA1 1RD	-	-	2	Flat
£160K	12/23	0.35 mi	44, Eastgate Gardens, Taunton, Somerset TA1 1RD	-	-	2	Flat
£143K	10/23	0.41 mi	Flat 8, Trinity Gate, Queen Street, Taunton, Somerset TA1 3DS	-	-	2	Flat
£109K	04/21	0.43 mi	26, Massingham Park, Taunton, Somerset TA2 7TG	£2,116	52	2	Flat
£155K	09/22	0.44 mi	17, Massingham Park, Taunton, Somerset TA2 7TG	£2,348	66	2	Flat
£150K	02/24	0.44 mi	101, Massingham Park, Taunton, Somerset TA2 7TQ	£2,632	57	2	Flat
£148K	12/22	0.44 mi	97, Massingham Park, Taunton, Somerset TA2 7TQ	£2,467	60	2	Flat
£120K	01/21	0.45 mi	194, Massingham Park, Taunton, Somerset TA2 7TN	£2,182	55	2	Flat
£120K	01/21	0.45 mi	194, Massingham Park, Taunton, Somerset TA2 7TN	£2,182	55	2	Flat
£108K	08/21	0.45 mi	171, Massingham Park, Taunton, Somerset TA2 7TN	£1,929	56	2	Flat
£120K	05/21	0.45 mi	164, Massingham Park, Taunton, Somerset TA2 7TN	£2,353	51	2	Flat
£125K	08/21	0.45 mi	167, Massingham Park, Taunton, Somerset TA2 7TN	£2,550	49	2	Flat
£145K	02/23	0.45 mi	194, Massingham Park, Taunton, Somerset TA2 7TN	£2,636	55	2	Flat
£135K	01/23	0.45 mi	153, Massingham Park, Taunton, Somerset TA2 7TN	£2,500	54	2	Flat
£138K	02/23	0.45 mi	170, Massingham Park, Taunton, Somerset TA2 7TN	£2,706	51	2	Flat
£132K	03/23	0.45 mi	196, Massingham Park, Taunton, Somerset TA2 7TN	£2,089	63	2	Flat
£145K	07/23	0.45 mi	195, Massingham Park, Taunton, Somerset TA2 7TN	£2,297	63	2	Flat
£145K	07/23	0.45 mi	195, Massingham Park, Taunton, Somerset TA2 7TN	£2,297	63	2	Flat
£58.8K	04/21	0.46 mi	112, Massingham Park, Taunton, Somerset TA2 7TH	£1,081	54	2	Flat
£114K	05/21	0.46 mi	118, Massingham Park, Taunton, Somerset TA2 7TH	£1,900	60	2	Flat
£155K	02/21	0.5 mi	33, Trinity Road, Taunton, Somerset TA1 3JJ	£1,962	79	2	Flat
£137K	10/21	0.5 mi	27, Wellesley Street, Taunton, Somerset TA2 7DS	£2,331	59	2	Flat
£170K	06/23	0.5 mi	5b, Grange Drive, Taunton, Somerset TA2 7DY	-	-	2	Flat
£130K	12/21	0.54 mi	3a, Hamilton Court, Taunton, Somerset TA1 2PA	£2,167	60	2	Flat
£125K	02/23	0.54 mi	3b, Hamilton Court, Taunton, Somerset TA1 2PA	£2,119	59	2	Flat
£155K	02/23	0.54 mi	2b, Hamilton Court, Taunton, Somerset TA1 2PA	£2,253	69	2	Flat
£140K	10/20	0.55 mi	Flat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL	-	-	2	Flat
£155K	03/23	0.55 mi	Flat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL	-	-	2	Flat
£120K	10/20	0.56 mi	Ground Floor Flat, 43, William Street, Taunton, Somerset TA2 6HG	-	-	2	Flat
£136K	09/23	0.57 mi	Ground Floor Flat, 43, William Street, Taunton, Somerset TA2 6HG	-	-	2	Flat
£295K	11/21	0.57 mi	Flat 7, Annecy Court, St Josephs Field, Taunton, Somerset TA1 3TE	-	-	2	Flat

Local Rents

37 rents from £850/mo to £2.7K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£950	09/24	0.15 mi	Taunton	2	Flat
£850	11/24	0.17 mi	-	2	Flat
£1,100	09/24	0.18 mi	Firepool View, TAUNTON	2	Flat
£995	09/24	0.2 mi	Priory Avenue, Taunton	2	Flat
£1,100	09/24	0.2 mi	-	2	Flat
£1,500	09/24	0.24 mi	-	2	Flat
£1,700	03/25	0.24 mi	-	2	Flat
£1,100	03/25	0.25 mi	-	2	Terraced House
£1,200	09/24	0.25 mi	-	2	Terraced House
£1,200	12/24	0.25 mi	-	2	Terraced House
£1,200	09/24	0.25 mi	Gloucester Street, TAUNTON	2	Flat
£850	09/24	0.27 mi	Middle Street, Taunton, TA1	2	Terraced House
£950	03/25	0.27 mi	-	2	Terraced House
£2,700	09/24	0.29 mi	-	2	Semi-Detached House
£2,700	11/24	0.29 mi	-	2	Semi-Detached House
£2,700	02/25	0.29 mi	-	2	Semi-Detached House
£2,700	03/25	0.29 mi	-	2	Semi-Detached House
£925	09/24	0.32 mi	The Octagon, Taunton, Somerset, TA1	2	Flat
£2,700	09/24	0.32 mi	-	2	Terraced House
£2,700	12/24	0.32 mi	-	2	Terraced House
£2,700	02/25	0.32 mi	-	2	Terraced House
£2,700	03/25	0.32 mi	-	2	Terraced House
£950	09/24	0.34 mi	East Reach, Taunton	2	Flat
£1,200	09/24	0.34 mi	-	2	Flat
£1,000	12/24	0.35 mi	-	2	Flat
£1,550	09/24	0.36 mi	Coal Orchard, TAUNTON	2	Flat
£1,600	09/24	0.38 mi	Coal Orchard, TAUNTON	2	Flat
£900	09/24	0.42 mi	Massingham Park, Taunton	2	Flat
£900	09/24	0.43 mi	North Taunton, Somerset	2	Flat
£900	09/24	0.43 mi	Massingham Park, Taunton	2	Flat
£1,100	09/24	0.44 mi	Massingham Park, TAUNTON	2	Flat
£950	09/24	0.44 mi	Massingham Park, Taunton	2	Flat
£895	09/24	0.49 mi	-	2	Flat
£1,100	09/24	0.6 mi	-	2	Flat
£895	09/24	0.61 mi	Belgrave Place, Taunton, TA2	2	Flat
£1,100	09/24	0.61 mi	Rupert Street, Taunton TA1	2	Terraced House
£1,200	09/24	0.62 mi	-	2	Terraced House

Local Area Statistics

Population in TA1	39,26539,265
Population in Taunton	85,08885,088
Town centre distance	0.41 miles away0.41 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.41 miles away0.41 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-4%-4%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+21%+21%

Property History

Listed for £134,500

March 3, 2025

Floor Plans

Description

Ground Floor flat +
Allocated parking +
Sitting room with dual aspect +
Kitchen +
Bedroom 1 +
Bedroom 2/Dining room +
Bathroom +
Mains electric, water and drainage. Electric heating +
999 year lease dated 1st January 2001 (975 remaining) +
Service charge - £1,694 per annum / Ground rent - £203 per annum +

A well presented ground floor flat conveniently located close to the town centre with allocated parking.

Agent Details

James Gray Estate Agents, Taunton

01823 589594

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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