2 Bed Flat, Single Let, Taunton, TA1 1RT, £160,000

45 The Octagon, Taunton, Somerset, TA1 1RT - 17 days ago

Leasehold
BTL
ROI: 5%
58 m²
+3 photos

ValuationOvervalued

Sold Prices£60K - £295K
Sold Prices/m²£1.1K/m² - £6.8K/m²

 

 

Square Metres

58 m²
Price/m²£2.8K/m²

Value Estimate

£150,232

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,900

Total Cash In

£49,900

 

 

Cash Out

 

Rent Range

£850 - £2,700

Rent Estimate

£895

Running Costs/mo

£699

Cashflow/mo

£196

Cashflow/yr

£2,352

ROI

5%

Gross Yield

7%

Local Sold Prices

51 sold prices from £60K to £295K, average is £147.5K. £1.1K/m² to £6.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£150K09/230.01 mi9, The Octagon, Taunton, Somerset TA1 1RT2
£165K01/230.02 mi2, The Octagon, Taunton, Somerset TA1 1RT2
£148K03/210.12 mi42b, Laburnum Street, Taunton, Somerset TA1 1LB2
£112.5K11/200.12 mi10, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£130K10/210.12 mi39, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£150K04/230.12 mi38, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£160K12/230.12 mi44, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£160K12/230.12 mi44, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£138K03/230.13 mi5, Eastgate Gardens, Taunton, Somerset TA1 1RD2
£138K09/230.22 miFlat 42, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£122.5K09/230.22 miFlat 27, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£122.5K08/210.23 miFlat 2, Dellers Court, Dellers Wharf, Taunton, Somerset TA1 1DX2
£115K01/210.29 mi37, Winters Field, Taunton, Somerset TA1 1PY2
£211K11/230.32 mi52, Geoffrey Farrant Walk, Taunton, Somerset TA1 1PU2
£143K10/230.35 miFlat 8, Trinity Gate, Queen Street, Taunton, Somerset TA1 3DS2
£122K11/210.36 miFlat 28, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£90K10/230.36 miFlat 7, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£100K10/230.36 miFlat 44, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£95K11/230.36 miFlat 43, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£295K11/210.38 miFlat 7, Annecy Court, St Josephs Field, Taunton, Somerset TA1 3TE2
£120K07/210.39 miFlat 6, Vivary Gate, Upper High Street, Taunton, Somerset TA1 3PX2
£160K05/230.39 miFlat 12, Vivary Gate, Upper High Street, Taunton, Somerset TA1 3PX2
£250K02/210.4 miFlat 5, Annecy Court, St Josephs Field, Taunton, Somerset TA1 3TE2
£202.5K03/240.4 miAnnecy Court, Flat 9, St Josephs Field, Taunton, Somerset TA1 3TE2
£140K10/200.41 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£155K03/230.41 miFlat 10, Avongrove Court, The Avenue, Taunton, Somerset TA1 1TL2
£124.6K06/210.41 mi17, Northfield Gardens, Taunton, Somerset TA1 1XN2
£172K07/210.41 mi4, Firepool View, Taunton, Somerset TA1 1PS2
£159K11/200.41 mi36, Firepool View, Taunton, Somerset TA1 1PS2
£179K02/210.41 mi28, Firepool View, Taunton, Somerset TA1 1PS2
£187K01/230.42 mi16, Firepool View, Taunton, Somerset TA1 1PS2
£185K12/230.43 mi29, Firepool View, Taunton, Somerset TA1 1NY2
£60K11/200.44 mi2, Northfield Gardens, Taunton, Somerset TA1 1XN2
£147.5K01/210.45 mi2, Cunningham Court, Taunton, Somerset TA1 1AR2
£175K09/230.45 mi36, Cunningham Court, Taunton, Somerset TA1 1AR2
£125K12/200.45 mi23, Northfield Gardens, Taunton, Somerset TA1 1XN2
£100K01/230.45 miFlat 1, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£165K01/230.45 mi35, Cunningham Court, Taunton, Somerset TA1 1AR2
£105K08/230.45 miFlat 8, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£90K12/230.45 miFlat 13, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£172.5K08/230.47 mi50, Firepool Crescent, Taunton, Somerset TA1 1AT2
£175K06/230.47 miFlat 7, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£176K05/230.47 miFlat 28, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£130K06/210.48 miFlat 4, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£155K02/210.49 mi33, Trinity Road, Taunton, Somerset TA1 3JJ2
£122K12/200.49 miFlat 8, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£130K03/210.49 miFlat 6, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£105K06/210.49 mi11c, Park Street, Taunton, Somerset TA1 4DF2
£180K10/200.55 miFlat 8, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£160K05/210.55 miFlat 4, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£120K06/210.55 miFlat 2, Turkey Court, Vivary Road, Taunton, Somerset TA1 3JN2

Local Rents

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

RentDateDistanceAddressBeds 
£92509/240.01 miThe Octagon, Taunton, Somerset, TA12
£85009/240.05 miMiddle Street, Taunton, TA12
£1,50009/240.08 mi-2
£1,70003/250.08 mi-2
£1,55009/240.11 miCoal Orchard, TAUNTON2
£99509/240.12 miPriory Avenue, Taunton2
£1,60009/240.14 miCoal Orchard, TAUNTON2
£85011/240.16 mi-2
£95009/240.16 miTaunton2
£1,10003/250.23 mi-2
£95009/240.24 miEast Reach, Taunton2
£1,20009/240.25 mi-2
£1,20012/240.25 mi-2
£1,20009/240.26 miGloucester Street, TAUNTON2
£1,00012/240.26 mi-2
£1,20009/240.29 mi-2
£1,10009/240.35 mi-2
£89509/240.4 miUpper Wood Street, Taunton, TA12
£1,10009/240.41 miFirepool View, TAUNTON2
£1,05009/240.47 mi-2
£1,00001/250.47 mi-2
£90009/240.49 miDovetail Court,park Street,taunton2
£1,10009/240.5 mi-2
£1,20009/240.51 miWestgate Street, Taunton, 2
£2,70009/240.52 mi-2
£2,70011/240.52 mi-2
£2,70002/250.52 mi-2
£2,70003/250.52 mi-2
£95003/250.52 mi-2
£89509/240.53 mi-2
£2,70009/240.54 mi-2
£2,70012/240.54 mi-2
£2,70002/250.54 mi-2
£2,70003/250.54 mi-2
£1,10009/240.6 miRupert Street, Taunton TA12
£1,20009/240.61 mi-2

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.19 miles away

Nearest school

0.30 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £160,000

March 27, 2025

Floor Plans

Description

  • Top floor apartment +
  • Spacious open plan living accommodation +
  • Double glazed +
  • Gas central heating +
  • Secure underground parking +
  • No onward chain +
  • Two bathrooms +

A well-presented, top floor, 2 bedroom flat with 2 bathrooms, set within the centre of town, with secure underground parking. Offered for sale with no onward chain.

The property comprises a second floor apartment within this three storey Grade II Listed property which was converted in the 1980's into apartments and forms part of the Octagon Development. The accommodation is well planned with its own entrance hallway accessed via the communal stairway which leads into a delightful living room/dining room with fitted kitchen. There are two bedrooms and two bathrooms, gas fired central heating is installed, with secure under ground parking. The property is being offered for sale with no onward chain.

The apartment is well located just off the town centre and is accessed from both Middle Street and the main entrance into the Octagon via Canon Street car park. The town is easily accessible and is within a short walk providing its extensive facilities such as the Somerset County Cricket Ground and Brewhouse Theatre. Taunton offers access to the M5 motorway at Junction 25 Blackbrook and also a mainline intercity rail link.

Agent Details

Greenslade Taylor Hunt, Taunton

01823 211774

Next Steps?

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