2 Bed Flat, Single Let, Taunton, TA1 4DP, £120,000

Crescent Way, Taunton, Somerset, TA1 4DP - 1 views - 23 days ago

Leasehold
BTL
ROI: 9%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£60K - £340K
Sold Prices/m²£1.1K/m² - £6.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£148,800
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£750 - £1,700

Rent Estimate

£850

Running Costs/mo

£565

Cashflow/mo

£285

Cashflow/yr

£3,420

ROI

9%

Gross Yield

9%

Local Sold Prices

51 sold prices from £60K to £340K, average is £143K. £1.1K/m² to £6.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£120K07/210.08 miFlat 6, Vivary Gate, Upper High Street, Taunton, Somerset TA1 3PX2
£160K05/230.08 miFlat 12, Vivary Gate, Upper High Street, Taunton, Somerset TA1 3PX2
£100K01/230.09 miFlat 1, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£105K08/230.1 miFlat 8, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£90K12/230.1 miFlat 13, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£122K11/210.16 miFlat 28, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£90K10/230.16 miFlat 7, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£100K10/230.16 miFlat 44, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£95K11/230.16 miFlat 43, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£120K06/210.2 miFlat 2, Turkey Court, Vivary Road, Taunton, Somerset TA1 3JN2
£130K06/210.2 miFlat 4, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£122K12/200.21 miFlat 8, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£130K03/210.21 miFlat 6, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£105K06/210.21 mi11c, Park Street, Taunton, Somerset TA1 4DF2
£219.9K03/230.24 miFlat 22, Compass Court, Compass Rise, Taunton, Somerset TA1 4PP2
£200K10/230.24 miCompass Court, Flat 24, Compass Rise, Taunton, Somerset TA1 4PP2
£180K10/200.3 miFlat 8, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£160K05/210.3 miFlat 4, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£130K10/210.35 mi39, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£150K04/230.35 mi38, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£160K12/230.35 mi44, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£160K12/230.35 mi44, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£150K09/230.35 mi9, The Octagon, Taunton, Somerset TA1 1RT2
£112.5K11/200.35 mi10, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£165K01/230.36 mi2, The Octagon, Taunton, Somerset TA1 1RT2
£295K11/210.38 miFlat 7, Annecy Court, St Josephs Field, Taunton, Somerset TA1 3TE2
£138K03/230.38 mi5, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£250K02/210.39 miFlat 5, Annecy Court, St Josephs Field, Taunton, Somerset TA1 3TE2
£202.5K03/240.39 miAnnecy Court, Flat 9, St Josephs Field, Taunton, Somerset TA1 3TE2
£225K02/210.41 miFlat 45, Vivary House, Kinglake Drive, Taunton, Somerset TA1 3RR2
£200K03/230.41 miFlat 76, Sherford Lodge, Kinglake Drive, Taunton, Somerset TA1 3RR2
£340K08/230.41 miFlat 19, Blagdon Lodge, Kinglake Drive, Taunton, Somerset TA1 3RR2
£187K02/210.43 miFlat 3, Wheatleigh House, Wheatleigh Close, Taunton, Somerset TA1 4QE2
£175K06/230.44 miFlat 7, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£176K05/230.44 miFlat 28, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£240K05/210.44 miFlat 50, Vivary House, Kinglake Drive, Taunton, Somerset TA1 3RR2
£148K03/210.45 mi42b, Laburnum Street, Taunton, Somerset TA1 1LB2
£147K01/210.45 miFlat 31, Vivary Heights, Broadlands Rise, Taunton, Somerset TA1 4HL2
£168K07/230.45 miFlat 39, Vivary Heights, Broadlands Rise, Taunton, Somerset TA1 4HL2
£124.6K06/210.45 mi17, Northfield Gardens, Taunton, Somerset TA1 1XN2
£60K11/200.47 mi2, Northfield Gardens, Taunton, Somerset TA1 1XN2
£117K10/200.48 mi43, Northfield Gardens, Taunton, Somerset TA1 1XN2
£125K12/200.48 mi23, Northfield Gardens, Taunton, Somerset TA1 1XN2
£138K09/230.51 miFlat 42, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£122.5K09/230.51 miFlat 27, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£122.5K08/210.51 miFlat 2, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£143K10/230.52 miFlat 8, Trinity Gate, Queen Street, Taunton, Somerset TA1 3DS2
£140K10/200.53 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£155K03/230.53 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£155K02/210.65 mi33, Trinity Road, Taunton, Somerset TA1 3JJ2
£115K01/210.65 mi37, Winters Field, Taunton, Somerset TA1 1PY2

Local Rents

28 rents from £750/mo to £1.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20009/240.18 miWestgate Street, Taunton, 2
£1,05009/240.19 mi-2
£1,00001/250.19 mi-2
£90009/240.2 miDovetail Court,park Street,taunton2
£1,25011/240.31 mi-2
£92509/240.35 miThe Octagon, Taunton, Somerset, TA12
£1,55009/240.36 miCoal Orchard, TAUNTON2
£1,10009/240.36 mi-2
£1,60009/240.36 miCoal Orchard, TAUNTON2
£85009/240.4 miMiddle Street, Taunton, TA12
£89509/240.42 miUpper Wood Street, Taunton, TA12
£1,50009/240.43 mi-2
£1,70002/250.43 mi-2
£1,10006/240.45 mi-2
£95009/240.46 miEast Reach, Taunton2
£1,00012/240.46 mi-2
£99509/240.48 miPriory Avenue, Taunton2
£85011/240.51 mi-2
£1,20003/250.51 mi-2
£1,20009/240.51 mi-2
£1,07509/240.51 miHilary Road, TAUNTON2
£1,10002/250.52 mi-2
£95009/240.52 miTaunton2
£1,20009/240.53 mi-2
£1,20012/240.53 mi-2
£1,20009/240.53 miGloucester Street, TAUNTON2
£85009/240.55 miTrull Road, TAUNTON2
£75002/240.62 mi-2

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.32 miles away

Nearest school

0.30 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £120,000

March 4, 2025

Description

  • A SUPERB 6TH FLOOR APARTMENT +
  • 2 BEDROOMS +
  • OPEN PLAN SITTING/DINING/KITCHEN +
  • A LOVELY BATHROOM +
  • DOUBLE GLAZING +
  • PARKING +
  • FAR REACHING VIEWS +
  • WITHIN A SHORT WALK TO THE TOWN CENTRE +
  • IDEAL FIRST BUY OR INVESTMENT +
  • VERY GOOD DECORATIVE ORDER THROUGHOUT +

Accommodation
Communal Entrance Hall
With intercom system, lift and staircase up to the 6th floor, with front door to:-

Entrance Hall
With an electric wall mounted panel heater, airing cupboard housing a hot water cylinder and shelving, laminate floor, ceiling light, doors to:-

Sitting/Dining/Kitchen
c.17'8 max x 16'5 max (5.38m x 5.00m)
With 2 double glazed windows to the front elevation enjoying far reaching views, laminate floor, fitted units comprising both floor and wall mounted storage cupboards and drawers, with working surfaces incorporating a 1&1/4 bowl single drainer stainless steel sink unit with mixer tap, space and plumbing for a washing machine, space and point for electric cooker, tiling to splash prone areas, 4 spotlights, 2 ceiling lights and 2 electric wall mounted panel heaters.

Bedroom 1
c.11'11 x 8'6 (3.63m x 2.59m)
With a double glazed window to the front elevation again enjoying far reaching views, laminate floor, wall mounted panel heater and ceiling light.

Bedroom 2
c.10'3 x 8'5 (3.12m x 2.56m)
With a double glazed window to the front elevation, laminate floor, electric panel heater, ceiling light.

Bathroom
With a suite comprising of a bath with mixer tap and shower over, pedestal wash hand basin, close coupled WC, tiling to splash prone areas, heated towel rail, extractor fan and ceiling light.

Outside
There is a parking space (number 4) allocated to the property.

Council Tax Band :- A

Construction :- Brick under a tiled roof with double glazing.

Utilities :- Mains electric, water and drainage.

Lease :- 83 years left (4th March 2025) to be confirmed.

Service Charge and Ground Rent :- £4,016.76 (4th March 2025) to be confirmed.

Primary School Catchment :- Parkfield School.

Secondary School Catchment :- Castle School.

Directions
Head out of Taunton along Shuttern, turn right into The Crescent and right into The Crescent car park and the block of apartments will be found on your right hand side.

Agent Details

TRG Lawrence & Son, Taunton

01823 211787

Next Steps?

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