4 Bed Detached House, Single Let, Taunton, TA1 1SH, £575,000

12 Middle Street, Taunton, Somerset - a month ago

BTL
~129 m²
+17 photos

ValuationOvervalued

Sold Prices£215K - £650K
Sold Prices/m²£1.6K/m² - £5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.4K/m²

Value Estimate

£332,023

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£48,700

Total Cash In

£192,450

 

 

Cash Out

 

Rent Range

£1,300 - £2,950

Rent Estimate

£1,300

Running Costs/mo

£2,077

Cashflow/mo

£-777

Cashflow/yr

£-9,322

Gross Yield

3%

Local Sold Prices

51 sold prices from £215K to £650K, average is £345K. £1.6K/m² to £5K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£330K10/230.22 mi49, Priory Avenue, Taunton, Somerset TA1 1XZ4
£215K12/200.34 mi18, Theaks Mews, Taunton, Somerset TA1 3EY4
£275K02/230.34 mi12, Theaks Mews, Taunton, Somerset TA1 3EY4
£305K12/200.36 mi30, Belvedere Road, Taunton, Somerset TA1 1HD4
£399.9K02/230.37 mi1, St Georges Square, Taunton, Somerset TA1 3RX4
£389K11/230.37 mi11, St Georges Square, Taunton, Somerset TA1 3RX4
£330K12/200.4 mi86, Firepool View, Taunton, Somerset TA1 1PS4
£313K09/210.4 mi60, Belvedere Road, Taunton, Somerset TA1 1BS4
£309K09/230.41 mi159, Firepool View, Taunton, Somerset TA1 1NY4
£370K02/240.42 mi11, Mount Street, Taunton, Somerset TA1 3QB4
£311.5K07/230.43 mi14, Mitre Court, Taunton, Somerset TA1 3ER4
£312.5K12/200.44 mi73, Belvedere Road, Taunton, Somerset TA1 1BU4
£295K02/210.44 mi61, Belvedere Road, Taunton, Somerset TA1 1BU4
£450K10/230.45 mi63, St Josephs Field, Taunton, Somerset TA1 3TF4
£440K05/210.46 mi80, Staplegrove Road, Taunton, Somerset TA1 1DJ4
£287.5K12/230.46 mi78, Staplegrove Road, Taunton, Somerset TA1 1DJ4
£287.5K12/230.46 mi78, Staplegrove Road, Taunton, Somerset TA1 1DJ4
£270K11/210.48 mi51, Alfred Street, Taunton, Somerset TA1 3HY4
£400K11/200.48 mi57, South Road, Taunton, Somerset TA1 3DU4
£390K04/210.48 mi53, South Road, Taunton, Somerset TA1 3DU4
£570K06/230.48 mi45, South Road, Taunton, Somerset TA1 3DU4
£366K06/210.48 mi23, Northfield Avenue, Taunton, Somerset TA1 1XF4
£503K01/210.49 mi7, Birch Grove, Taunton, Somerset TA1 1EE4
£475K06/210.51 mi12, Linden Grove, Taunton, Somerset TA1 1EF4
£405K03/210.52 mi88, Staplegrove Road, Taunton, Somerset TA1 1DL4
£290K06/210.52 mi169, South Street, Taunton, Somerset TA1 3AG4
£330K08/230.52 mi106, South Street, Taunton, Somerset TA1 3AG4
£367.5K08/230.52 mi114, South Street, Taunton, Somerset TA1 3AG4
£465.6K12/220.53 mi19, French Weir Avenue, Taunton, Somerset TA1 1XQ4
£380K12/220.59 mi8, Wilton Close, Taunton, Somerset TA1 4EZ4
£345K03/210.6 miPembridge, Kilkenny Avenue, Taunton, Somerset TA2 7PJ4
£336.5K07/230.61 mi5, St Andrews Road, Taunton, Somerset TA2 7BW4
£565K06/210.62 mi1, Parkfield Road, Taunton, Somerset TA1 4RL4
£350K03/210.63 mi22, Weirfield Green, Taunton, Somerset TA1 1AZ4
£275K09/210.63 mi65, Greenway Avenue, Taunton, Somerset TA2 6HX4
£282K04/240.63 mi74, Greenway Avenue, Taunton, Somerset TA2 6HX4
£425K12/220.66 mi21, Manor Road, Taunton, Somerset TA1 5BG4
£270K09/230.66 mi70, Priorswood Road, Taunton, Somerset TA2 7PT4
£555K06/210.67 mi12, Manor Road, Taunton, Somerset TA1 5BD4
£650K01/210.67 mi6, Osborne Grove, Taunton, Somerset TA1 4RN4
£618K08/230.68 mi10, Mount Nebo, Taunton, Somerset TA1 4HG4
£426K01/210.69 mi31, Richmond Road, Taunton, Somerset TA1 1EN4
£275K09/230.7 mi2, Jubilee Street, Taunton, Somerset TA2 6JA4
£270K02/210.71 mi21, Draycott Avenue, Taunton, Somerset TA2 7QG4
£485K07/210.71 mi16, Parkfield Drive, Taunton, Somerset TA1 5BT4
£280K05/230.72 mi32, Massingham Park, Taunton, Somerset TA2 7TG4
£360K06/210.72 mi4, Manor Close, Taunton, Somerset TA1 4RS4
£300K12/200.72 mi7, Leslie Avenue, Taunton, Somerset TA2 6JL4
£220K06/210.72 mi10, Leslie Avenue, Taunton, Somerset TA2 6JL4
£230K01/210.72 mi92, Massingham Park, Taunton, Somerset TA2 7TQ4
£475K11/210.75 mi44, Middleway, Taunton, Somerset TA1 3QJ4

Local Rents

23 rents from £1.3K/mo to £3K/mo, average is £2.7K/mo.

RentDateDistanceAddressBeds 
£1,35009/240.3 miSheldon Court, Taunton3
£1,99908/240.34 mi-5
£1,40008/240.39 mi-3
£2,95002/240.45 mi-3
£2,95009/240.45 mi-3
£2,95009/240.45 mi-3
£2,95009/240.45 mi-3
£2,95009/240.45 mi-3
£2,95007/240.45 mi-3
£2,95008/240.45 mi-3
£2,95002/250.45 mi-3
£2,95003/250.45 mi-3
£1,30009/240.46 miFirepool Crescent, Taunton3
£1,30009/240.46 miFirepool Crescent, Taunton3
£2,70009/240.5 mi-3
£2,70012/240.5 mi-3
£2,70002/250.5 mi-3
£2,70003/250.5 mi-3
£1,95009/240.53 miKings Square, TAUNTON4
£2,00009/240.54 miFrench Weir Avenue 5
£1,40009/240.54 mi-3
£1,30009/240.58 miEaton Crescent, Taunton3
£1,35009/240.6 miWoodstock Road3

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.21 miles away

Nearest school

0.30 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £575,000

March 28, 2025

Description

  • Prominent town centre location +
  • Parking for 13 cars +
  • Landmark period building +
  • 2,809 sq ft over 3 floors +
  • Two ancillary houses let on ASTs +
  • Communal yard +
  • Freehold Guide Price £575,000 +

The properties consist of a handsome three storey Grade II* Listed office building abutting Middle Street (Melville House), a detached cottage with pretty garden to the rear (Stable Cottage) and small detached property to the front (Garden Cottage).

The Melville House, although currently configure as offices, its most recent use, previously accommodated two residential apartments on the second floor and has also been used as a small hotel and private members club. Currently the property consists of period offices with wooden panelling in a handful of offices with ornate cornicing in others. The offices provide gas central heating, category two lighting, carpet tiles, a security system, communal kitchen and WC facilities. Stable Cottage is located at the rear of the site and enclosed behind a brick wall with pedestrian gate access to the front door. Internally, the property provides a well proportioned living room / dining room, galley kitchen and conservatory at ground floor level. The first floor contains a master bedroom, a single bedroom and family bathroom. Externally, there is a fully enclosed garden, which has been well looked after. Garden Cottage is located at the front of the site fronting onto Whirligig Lane and consists of an open plan kitchen & living room with a bathroom at ground floor level. The first floor contains a large double bedroom only.

Agent Details

Chesters Harcourt, Yeovil

01935 315476

Next Steps?

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