3 Bed Detached House, Refurb/BRRR, Taunton, TA4 1JX, £300,000

Fore Street, Milverton, TA4 1JX - 1 views - 6 days ago

Refurb/BRRR
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£182K - £558K
Sold Prices/m²£1.4K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£284,580

 

 

End Value (After Refurb)

£295,412

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£38,000

Bridging Loan Interest

£7,875

Total Cash In

£141,325

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£295,412

Mortgage (After Refinance)

£221,559

Mortgage LTV

75%

Cash Left In

£141,325

Equity

£73,853

Rent Range

£950 - £1,500

Rent Estimate

£1,224

Running Costs/mo

£1,188

Cashflow/mo

£36

Cashflow/yr

£432

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £182K to £558K, average is £262.3K. £1.4K/m² to £4K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£320K09/230.01 miBartletts Lodge, Fore Street, Milverton, Taunton, Somerset TA4 1JX3
£220K11/200.1 mi14, Creedwell Orchard, Milverton, Taunton, Somerset TA4 1JY3
£470K09/210.11 mi9, Colesmore, Milverton, Taunton, Somerset TA4 1HU3
£382.5K04/210.15 miAnsford, Turnpike, Milverton, Taunton, Somerset TA4 1LF3
£322.5K03/210.16 miThe Clump, Turnpike, Milverton, Taunton, Somerset TA4 1LF3
£368K08/230.17 miBell Corner, St Michaels Hill, Milverton, Taunton, Somerset TA4 1JT3
£335K11/210.18 miWoods Cottage, Sand Street, Milverton, Taunton, Somerset TA4 1JN3
£267K12/200.19 miThe Wing Swifts, Station Road, Milverton, Taunton, Somerset TA4 1LD3
£525K01/210.23 miGarden Cottage, High Street, Milverton, Taunton, Somerset TA4 1LL3
£382.5K02/240.27 miLeys, Huntash Lane, Milverton, Taunton, Somerset TA4 1PX3
£322K06/210.31 mi2, Lower Fairfield, Milverton, Taunton, Somerset TA4 1LN3
£299.9K12/200.32 mi4, Fairfield Terrace, Milverton, Taunton, Somerset TA4 1QX3
£230K09/230.5 mi38, Courtfield, Milverton, Taunton, Somerset TA4 1NB3
£330K12/200.56 miMarden, Butts Way, Milverton, Taunton, Somerset TA4 1ND3
£295.5K05/231.32 mi3, Blagroves Cottages, Hillcommon, Taunton, Somerset TA4 1DY3
£235K03/211.6 mi5, Hills Cottages, Fitzhead, Taunton, Somerset TA4 3JW3
£402K04/231.95 mi27, Swifts, Langford Budville, Wellington, Somerset TA21 0RA3
£188K03/212.12 mi1a, Malthouses, Runnington, Wellington, Somerset TA21 0QL3
£245K01/242.21 mi5, Farthings Close, Nynehead, Wellington, Somerset TA21 0BT3
£225K05/212.21 mi6, Farthings Close, Nynehead, Wellington, Somerset TA21 0BT3
£225.5K05/212.58 mi16, Nordens Meadow, Wiveliscombe, Taunton, Somerset TA4 2JW3
£235K11/202.58 mi12, Nordens Meadow, Wiveliscombe, Taunton, Somerset TA4 2JW3
£225K11/222.59 mi7, Tone Hill, Tonedale, Wellington, Somerset TA21 0AU3
£275K12/222.6 mi2, Crosslands, Tonedale, Wellington, Somerset TA21 0AS3
£290K10/222.61 mi5, Nordens Meadow, Wiveliscombe, Taunton, Somerset TA4 2JW3
£310K01/232.62 miThe Infant School, Crosslands, Tonedale, Wellington, Somerset TA21 0AS3
£214K05/212.62 mi3, Garden Terrace, Tonedale, Wellington, Somerset TA21 0AE3
£282K08/232.67 mi42, Millstream Gardens, Tonedale, Wellington, Somerset TA21 0AA3
£287.5K03/242.69 mi12, Weavers Reach, Tonedale, Wellington, Somerset TA21 0DH3
£260K03/242.69 mi11, Weavers Reach, Tonedale, Wellington, Somerset TA21 0DH3
£250K01/212.71 mi49, Wardleworth Way, Wellington, Somerset TA21 0BA3
£558K07/232.72 miCollards, Ford Road, Wiveliscombe, Taunton, Somerset TA4 2NJ3
£212.5K03/212.72 mi3, Kingsmead Close, Wiveliscombe, Taunton, Somerset TA4 2NZ3
£258.8K11/232.72 mi57, Burge Meadow, Cotford St Luke, Taunton, Somerset TA4 1QN3
£224K11/202.72 mi5, Burge Meadow, Cotford St Luke, Taunton, Somerset TA4 1QN3
£225K11/202.78 mi97, Burge Meadow, Cotford St Luke, Taunton, Somerset TA4 1QW3
£265K03/232.78 miHartswell Garden Cottage, Hartswell, Wiveliscombe, Taunton, Somerset TA4 2NF3
£182K03/212.79 mi2, Venn Close, Cotford St Luke, Taunton, Somerset TA4 1JQ3
£232K05/242.79 mi3, Venn Close, Cotford St Luke, Taunton, Somerset TA4 1JQ3
£200K02/212.79 mi12, Venn Close, Cotford St Luke, Taunton, Somerset TA4 1JQ3
£240K11/222.79 mi35, Venn Close, Cotford St Luke, Taunton, Somerset TA4 1JQ3
£225K02/242.79 mi34, Venn Close, Cotford St Luke, Taunton, Somerset TA4 1JQ3
£212.5K06/232.8 mi13, Coopers Heights, Wiveliscombe, Taunton, Somerset TA4 2YB3
£270K03/212.81 mi8, Church Street, Wiveliscombe, Taunton, Somerset TA4 2LR3
£235K06/212.82 mi18 Parricks Place, South Street, Wiveliscombe, Taunton, Somerset TA4 2LZ3
£350K10/202.82 mi1a, South Street, Wiveliscombe, Taunton, Somerset TA4 2LZ3
£249K01/232.83 mi47, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1NU3
£385K06/212.84 mi1, Masons Square, Wiveliscombe, Taunton, Somerset TA4 2NS3
£195K02/212.85 mi19, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1NU3
£264.5K11/222.85 mi23, Burge Crescent, Cotford St Luke, Taunton, Somerset TA4 1NU3

Local Rents

7 rents from £950/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,12009/240.1 miSilver Street, Milverton2
£1,50009/241.95 miLangford Budville3
£1,25009/242.12 miHeathfiled Court TA42
£1,45009/242.13 miFitzhead, Taunton4
£95009/242.38 miThomas Fox Road, Tonedale2
£1,15009/242.43 mi-3
£1,15010/242.43 mi-3

Local Area Statistics

Population in TA4

19,149

Population in Taunton

85,088

Town centre distance

6.72 miles away

Nearest school

0.30 miles away

Nearest train station

6.47 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £300,000

March 28, 2025

Floor Plans

Description

  • DETACHED PERIOD COTTAGE +
  • 2 RECEPTION ROOMS +
  • 3 DOUBLE BEDROOMS +
  • GOOD SIZED PRIVATE ENCLOSED WALLED GARDEN TO REAR +
  • SOUTH FACING TRADITIONAL STONE WALLED GARDEN EXTENDING TO 30M +
  • POPULAR VILLAGE LOCATION +
  • NO ONWARD CHAIN +

Located in the centre of this much sought after village is this 3 double bedroomed detached period cottage with original features, now in need of modernisation with 2 reception rooms, and a good sized enclosed South facing traditional stone-walled garden to rear. No onward chain.

The accommodation comprises Entrance Porch, Entrance Hall with parquet flooring, Living Room with woodburner, Study / Dining Room, Kitchen, Cloakroom, Bathroom, Master Bedroom with fitted wardrobe and 2 further double Bedrooms with fitted wardrobes.

- Council tax band E
- Mobile availability - visit checker.ofcom.org.uk for specific details
- What3words: ///race.fittingly.fancy

Agent Details

Robert Cooney, Taunton

01823 589485

Next Steps?

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