3 Bed Bungalow, Refurb/BRRR, Taunton, TA3 5JH, £325,000

Boons Orchard, Ruishton, Taunton, TA3 5JH - 1 views - a month ago

Refurb/BRRR
ROI: 1%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£172.5K - £525K
Sold Prices/m²£2.3K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£294,483

 

 

End Value (After Refurb)

£295,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Refurb Costs

£37,820

Bridging Loan Interest

£8,531

Total Cash In

£150,551

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£295,000

Mortgage (After Refinance)

£221,250

Mortgage LTV

75%

Cash Left In

£150,551

Equity

£73,750

Rent Range

£595 - £2,700

Rent Estimate

£1,397

Running Costs/mo

£1,221

Cashflow/mo

£176

Cashflow/yr

£2,109

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £172.5K to £525K, average is £285K. £2.3K/m² to £4.9K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£285K08/230.03 mi29, Virginia Orchard, Ruishton, Taunton, Somerset TA3 5LP3
£290.5K10/220.05 mi29, Lawn Meadow, Ruishton, Taunton, Somerset TA3 5JQ3
£210K07/220.05 mi26, Lawn Meadow, Ruishton, Taunton, Somerset TA3 5JQ3
£440K01/230.07 miLaurel House, Bushy Cross Lane, Ruishton, Taunton, Somerset TA3 5JT3
£335K07/220.08 mi5, Newlands Road, Ruishton, Taunton, Somerset TA3 5JZ3
£295K04/210.1 mi3, Newlands Grove, Ruishton, Taunton, Somerset TA3 5JJ3
£268.5K09/210.11 mi4, Carpenters Close, Ruishton, Taunton, Somerset TA3 5JE3
£289K04/210.13 mi5, Newlands Crescent, Ruishton, Taunton, Somerset TA3 5LA3
£310K05/210.13 mi1, Newlands Crescent, Ruishton, Taunton, Somerset TA3 5LA3
£228K04/210.13 mi12, Newlands Crescent, Ruishton, Taunton, Somerset TA3 5LA3
£205K06/210.13 mi23, Newlands Crescent, Ruishton, Taunton, Somerset TA3 5LA3
£335K05/230.13 mi5, Newlands Crescent, Ruishton, Taunton, Somerset TA3 5LA3
£305K09/210.13 mi35, Woodlands Drive, Ruishton, Taunton, Somerset TA3 5JU3
£405K10/210.13 mi1, Woodlands Drive, Ruishton, Taunton, Somerset TA3 5JU3
£285K04/240.13 mi12, Woodlands Drive, Ruishton, Taunton, Somerset TA3 5JU3
£370K02/240.13 mi3, Woodlands Drive, Ruishton, Taunton, Somerset TA3 5JU3
£366K01/210.13 mi9, Woodlands Drive, Ruishton, Taunton, Somerset TA3 5JU3
£350K03/230.16 mi1, Marks Close, Ruishton, Taunton, Somerset TA3 5JP3
£325K10/230.17 miThree Ways, Church Lane, Ruishton, Taunton, Somerset TA3 5LL3
£186K03/210.56 mi48, Crufts Meadow, Creech St Michael, Taunton, Somerset TA3 5QZ3
£250K01/230.57 mi24, Crufts Meadow, Creech St Michael, Taunton, Somerset TA3 5QZ3
£240K11/210.57 mi25, Queens Down, Creech St Michael, Taunton, Somerset TA3 5QY3
£285K09/230.57 mi10, Queens Down, Creech St Michael, Taunton, Somerset TA3 5QY3
£186K03/210.58 mi48, Crufts Meadow, Creech St Michael, Taunton, Somerset TA3 5QZ3
£275K01/230.59 mi30, Crufts Meadow, Creech St Michael, Taunton, Somerset TA3 5QZ3
£300K09/210.6 mi18, Tristram Drive, Creech St Michael, Taunton, Somerset TA3 5QU3
£267K01/240.6 mi4, Tristram Drive, Creech St Michael, Taunton, Somerset TA3 5QU3
£225K11/230.6 mi3, Tristram Drive, Creech St Michael, Taunton, Somerset TA3 5QU3
£225K10/230.61 mi65, Tristram Drive, Creech St Michael, Taunton, Somerset TA3 5QX3
£235K12/220.61 mi67, Tristram Drive, Creech St Michael, Taunton, Somerset TA3 5QX3
£255K12/220.61 mi21, Tristram Drive, Creech St Michael, Taunton, Somerset TA3 5QU3
£250K04/210.62 mi28, Arundells Way, Creech St Michael, Taunton, Somerset TA3 5QT3
£172.5K02/210.62 mi37, Arundells Way, Creech St Michael, Taunton, Somerset TA3 5QT3
£215K11/200.66 mi27, Tristram Drive, Creech St Michael, Taunton, Somerset TA3 5QX3
£250.5K07/220.67 mi11, Arundells Way, Creech St Michael, Taunton, Somerset TA3 5QS3
£275K02/210.68 mi9, Vicarage Close, Creech St Michael, Taunton, Somerset TA3 5PR3
£330K11/200.68 miRiverlea, Bull Street, Creech St Michael, Taunton, Somerset TA3 5PW3
£360K01/240.7 mi6, Kingdon Mead, Creech St Michael, Taunton, Somerset TA3 5TD3
£315K07/230.71 mi22, Sweeting Close, Creech St Michael, Taunton, Somerset TA3 5FB3
£330K01/230.74 mi35, Ryesland Way, Creech St Michael, Taunton, Somerset TA3 5TA3
£305K03/230.74 mi62, Leighton Drive, Creech St Michael, Taunton, Somerset TA3 5DW3
£330K04/230.83 mi19, Dillons Road, Creech St Michael, Taunton, Somerset TA3 5DS3
£355K03/230.83 mi7, Dillons Road, Creech St Michael, Taunton, Somerset TA3 5DS3
£275K03/210.83 mi33, Dillons Road, Creech St Michael, Taunton, Somerset TA3 5DS3
£270K11/210.84 mi15, Paddock Close, Creech St Michael, Taunton, Somerset TA3 5DZ3
£360K11/220.85 mi1, Raps Close, Taunton, Somerset TA1 2UY3
£230K10/200.85 mi4, Raps Close, Taunton, Somerset TA1 2UY3
£525K06/230.85 miAraglen, Hyde Lane, Bathpool, Taunton, Somerset TA2 8BX3
£190K01/210.86 mi32, Newton Road, Taunton, Somerset TA1 2XG3
£234.5K11/220.86 mi52, Laxton Road, Taunton, Somerset TA1 2XB3

Local Rents

51 rents from £595/mo to £2.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£84009/240.54 mi-2
£1,39509/240.61 mi-3
£1,40009/240.69 miHyde Lane, Creech St. Michael, TA33
£1,35007/240.72 mi-3
£1,05003/250.78 mi-2
£85009/240.78 miAllington Close, Taunton, TA11
£59509/240.86 miAllington Close, TAUNTON, TA11
£59509/240.86 miAllington Close, TAUNTON, TA11
£73002/240.94 mi-1
£80004/250.94 mi-1
£1,15009/240.95 miCooks Close, Creech St Michael TA3 2
£1,60009/241 mi-4
£92509/241.02 miTyne Park, Taunton, Somerset2
£1,35009/241.03 miThames Drive, Taunton3
£1,35009/241.05 miCreechberry Orchard, Taunton3
£1,05009/241.08 miRedlake Drive, Taunton TA12
£1,20009/241.15 miAshbourne Crescent, Taunton3
£1,10007/241.16 mi-2
£1,25009/241.17 miAshbourne Crescent, Taunton3
£99509/241.19 miBowmont Grove, Taunton2
£99509/241.21 miRyburn Close, Taunton TA1 2
£1,32509/241.31 miPoplar Road, Taunton TA13
£1,15009/241.41 miBeadon Road, TAUNTON3
£1,00009/241.42 miPark Mead, Monkton Heathfield, TAUNTON2
£86009/241.43 miNormandy Drive, Taunton1
£80009/241.43 mi-1
£87503/251.43 mi-1
£85001/251.43 mi-1
£80009/241.43 mi-1
£87508/241.43 mi-1
£90003/251.43 mi-1
£78009/241.46 miHamilton Court, TAUNTON1
£1,15009/241.5 mi-3
£1,15009/241.5 mi-3
£1,25009/241.52 miMonkton Heathfield, Taunton3
£1,00009/241.52 mi-2
£1,20009/241.53 miParmin Way, TA1 3
£1,25009/241.57 mi-2
£1,10009/241.59 miStoke St. Mary, Taunton, TA32
£99504/251.63 mi-2
£1,90009/241.63 miDunkleys Way, Hillyfields , Taunton TA1 2LX4
£1,60004/251.67 mi-4
£2,70009/241.68 mi-2
£2,70012/241.68 mi-2
£2,70002/251.68 mi-2
£2,70003/251.68 mi-2
£2,70009/241.7 mi-2
£2,70011/241.7 mi-2
£2,70002/251.7 mi-2
£2,70003/251.7 mi-2
£1,70009/241.71 mi-4

Local Area Statistics

Population in TA3

14,212

Population in Taunton

85,088

Town centre distance

2.14 miles away

Nearest school

0.20 miles away

Nearest train station

2.38 miles away

 

 

Rental growth (12m)

-16%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £325,000

March 7, 2025

Floor Plans

Description

  • Detached Bungalow +
  • Three Bedrooms +
  • Large Front Aspect Lounge +
  • Well Proportioned Plot +
  • Quiet Cul De Sac Position +
  • Large & Private Rear Garden +
  • Updating Required +
  • Good M5 Links +

SUMMARY
Spacious DETACHED BUNGALOW on a well proportioned plot in need of modernisation. Available with NO ONWARD CHAIN, it comes with off road parking, a garage and a large west facing rear garden.

DESCRIPTION
NO ONWARD CHAIN. Whilst this DETACHED BUNGALOW requires some updating, it presents a great opportunity to purchase a property that can be customised and modernised to your personal taste.

Nestled at the end of a cul de sac, the property occupies a quiet position and sits upon a well proportioned plot, enjoying off road parking and a garage to the front, and a mostly west facing rear garden at the back.

Internally there is a large lounge to the front and three bedrooms. You'll also find a family bathroom and kitchen, with side door to the rear garden.

Situated in Ruishton, there are good links to the M5 and there is easy access back into Taunton's town centre.

Ground Floor 

Entrance Porch 
Sliding door into Porch, leading to...

Entrance Hall 
With loft access, storage cupboard and radiator.

Lounge 16' 10" x 11' 10" ( 5.13m x 3.61m )
Window to the front and side aspects, electric fire and two radiators.

Kitchen 10' 11" x 9' extending to 8' 5" ( 3.33m x 2.74m extending to 2.57m )
Window to the rear aspect and door to the side, into the garden. Fitted wall and base units with work surface over, sink/drainer and spaces for washing machine and cooker (both appliances will stay). There is a pantry and further storage. The 'Baxi' boiler can be found in the kitchen.

Bedroom One 11' 10" x 13' 1" ( 3.61m x 3.99m )
Window to the rear and radiator.

Bedroom Two 9' 9" x 10' 4" ( 2.97m x 3.15m )
Window to the front aspect and radiator.

Bedroom Three 9' 9" x 7' 10" ( 2.97m x 2.39m )
Window to the side and radiator.

Bathroom 
Bath with electric shower over, wash basin, WC, radiator, wall mounted heater and window to the rear.

Front Garden 
Area of lawn to the front with path and ramp to the front door. Driveway with off road parking, leading to garage which has power and light and measures 19' x 8' 11"

Rear Garden 
Small patio area and large area of lawn. The summerhouse and shed will stay and there is a side gate back to the front of the property. This is a large and mostly west facing rear garden, which holds a good degree of privacy.

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: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Taunton

01823 212322

Next Steps?

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