4 Bed Semi-Detached House, Cash/Bridging Only, Taunton, TA2 6FA, £340,000

Dragon Rise, Norton Fitzwarren, Taunton, Somerset, TA2 6FA - 3 views - 2 months ago

Cash
~129 m²
+17 photos

ValuationFair Value

Sold Prices£220K - £650K
Sold Prices/m²£2.2K/m² - £4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.6K/m²

Value Estimate

£340,000

 

 

End Value (After Refurb)

£378,724

Uplift in Value

+11%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£52,565

Bridging Loan Interest

£8,925

Total Cash In

£170,940

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£378,724

Mortgage (After Refinance)

£284,043

Mortgage LTV

75%

Cash Released

£29,043

Cash Left In

£141,897

Equity

£94,681

Rent Range

£565 - £2,950

Rent Estimate

£1,116

Running Costs/mo

£1,427

Cashflow/mo

£-311

Cashflow/yr

£-3,729

Gross Yield

4%

Local Sold Prices

22 sold prices from £220K to £650K, average is £342.5K. £2.2K/m² to £4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£220K12/200.06 mi36, Dragon Rise, Taunton, Somerset TA2 6FB4
£425K12/220.11 mi51, Port Stanley Close, Norton Fitzwarren, Taunton, Somerset TA2 6FD4
£310K06/210.14 mi48, Collett Road, Norton Fitzwarren, Taunton, Somerset TA2 6DD4
£350K12/230.14 mi46, Collett Road, Norton Fitzwarren, Taunton, Somerset TA2 6DD4
£330K07/230.14 mi48, Collett Road, Norton Fitzwarren, Taunton, Somerset TA2 6DD4
£258K11/200.22 mi12, Taylor Close, Norton Fitzwarren, Taunton, Somerset TA2 6TA4
£345K02/210.28 miSunnymede, Cross Keys, Norton Fitzwarren, Taunton, Somerset TA2 6NR4
£292K09/230.32 mi39, Grove Gate, Staplegrove, Taunton, Somerset TA2 6DE4
£293K04/240.32 mi40, Grove Gate, Staplegrove, Taunton, Somerset TA2 6DF4
£268.5K08/210.32 mi130, Grove Gate, Staplegrove, Taunton, Somerset TA2 6DF4
£340K06/210.42 mi9, Nash Green, Staplegrove, Taunton, Somerset TA2 6BZ4
£360K06/210.42 mi23, Nash Green, Staplegrove, Taunton, Somerset TA2 6BZ4
£375K08/230.42 mi3, Nash Green, Staplegrove, Taunton, Somerset TA2 6BZ4
£385K02/210.46 mi3, Staplegrove Cottages, Staplegrove, Taunton, Somerset TA2 6AW4
£320K07/230.55 mi12, Hudson Way, Taunton, Somerset TA2 6UH4
£320K07/230.55 mi12, Hudson Way, Taunton, Somerset TA2 6UH4
£450K02/230.71 mi6, Rectory Road, Staplegrove, Taunton, Somerset TA2 6EL4
£292.5K03/210.73 mi69, Scott Close, Taunton, Somerset TA2 6UL4
£450K02/210.87 mi199, Staplegrove Road, Taunton, Somerset TA2 6AG4
£525K06/210.87 mi245, Staplegrove Road, Taunton, Somerset TA2 6AG4
£650K10/230.88 mi17, Haydon Close, Bishops Hull, Taunton, Somerset TA1 5HF4
£491.5K03/210.93 mi51, Bishops Hull Road, Bishops Hull, Taunton, Somerset TA1 5EP4

Local Rents

51 rents from £565/mo to £3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,10002/250.04 mi-2
£99002/240.07 mi-2
£1,20009/240.13 miApple Tree Close, Norton Fitzwarren, TAUNTON2
£1,60009/240.14 miCollett Road, Norton Fitzwarren, TAUNTON4
£85009/240.14 miApple Tree Close, Norton Fitzwarren, Taunton, Somerset, TA21
£1,25010/230.14 mi-4
£92509/240.28 mi-2
£92509/240.28 mi-2
£92507/240.28 mi-2
£95002/240.3 mi-2
£1,70009/240.32 miGrove Gate 4
£98509/240.33 miMorse Road, Norton Fitzwarren, Taunton1
£69502/240.36 mi-1
£1,10009/240.37 miMorse Road, Norton Fitzwarren, Taunton2
£1,15009/240.39 mi-3
£1,27510/240.39 mi-3
£1,10001/240.42 mi-2
£95012/230.45 mi-2
£95001/240.45 mi-2
£90009/240.49 miMarshall Court, Norton Fitzwarren, Somerset2
£97504/250.85 mi-2
£95009/240.85 miMonmouth Court, Bindon Road, Taunton, Somerset, TA22
£1,09509/240.87 miStaplegrove Road, TAUNTON2
£99509/240.9 miHamwood, Taunton2
£1,30009/240.91 miBishops Hull Hill, Bishops Hull, Taunton2
£99502/250.94 mi-2
£2,95009/241 miManor Meadow, Staplegrove5
£75009/241.03 miFalcon Court, Heron Drive, Bishops Hull, Taunton, Somerset 1
£85009/241.07 miMountway Road 1
£65002/251.1 mi-2
£90009/241.15 miRichmond Road 2
£1,25009/241.18 miRichmond Road, Taunton, TA13
£1,10009/241.2 miRichmond Road, TAUNTON2
£75002/251.2 mi-2
£85004/251.21 mi-1
£92509/241.25 miWoodstock Road, Taunton, TA12
£1,35009/241.26 miWoodstock Road3
£1,05009/241.28 miHele Manor Barns, Taunton, TA43
£1,30009/241.3 miHele Manor Barns, Hele, Taunton, TA43
£2,00009/241.33 miFrench Weir Avenue 5
£1,75009/241.34 miTaunton4
£1,50009/241.36 miTaunton, TA13
£99509/241.38 miHele Manor Barns, Hele, Taunton, TA42
£77509/241.39 miGreenway Avenue, Taunton1
£60009/241.39 miKingston Road, Taunton1
£1,20009/241.41 mi-2
£1,10009/241.41 miRupert Street, Taunton TA12
£95004/251.42 mi-1
£1,07509/241.44 miHilary Road, TAUNTON2
£99504/251.46 mi-2
£56502/241.47 mi-1

Local Area Statistics

Population in TA2

26,588

Population in Taunton

85,088

Town centre distance

2.03 miles away

Nearest school

0.30 miles away

Nearest train station

1.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £340,000

March 14, 2025

Floor Plans

Description

  • Beautifully Presented +
  • Parking For Two +
  • Low Maintenance Garden +
  • Renovated Garage +
  • Three Double Bedrooms +
  • Sought After Location +

This beautifully presented four bedroom semi-detached home in Norton Fitzwarren offers stylish and spacious living. The property features a well-decorated interior throughout, ensuring a warm and inviting atmosphere. Located in a peaceful and sought-after area, this home provides easy access to local amenities, Taunton town centre, and surrounding countryside. This property combines comfort, convenience, and style, making it a fantastic opportunity for prospective buyers.

The ground floor boasts a contemporary kitchen and comfortable living areas designed for modern living. Outside, the low-maintenance garden is ideal for relaxation and entertaining. The property also includes a private garage which has recently been renovated and parking for two vehicles. Upstairs, a spacious landing leads to three double bedrooms and a single bedroom. The master bedroom benefits from an en-suite bathroom, while the well-appointed family bathroom serves the remaining rooms.

For more information or to arrange a viewing, please contact us today.

Entrance Hall

WC

Living Room 14'9" x 11'11" (4.49m x 3.62m)

Kitchen/Diner 18'9" x 11'1" (5.71m x 3.38m)

Landing

Bedroom One 11'10" x 10'9" (3.61m x 3.27m)

En-Suite

Bedroom Two 11'7" x 9'3" (3.53m x 2.82m)

Bedroom Three 9'3" x 8'3" (2.81m x 2.52m)

Bedroom Four 7'9" x 7'4" (2.35m x 2.23m)

Bathroom

Rear Garden

Drive Way Parking For Two Cars

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 – 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 November 2024.

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

Next Steps?

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