3 Bed Detached House, Refurb/BRRR, Langport, TA10 0EF, £365,000

Churchway, Curry Rivel, Langport, Somerset, TA10 0EF - 2 views - a month ago

Refurb/BRRR
~93 m²
+11 photos

ValuationOvervalued











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£27,700

Refurb Costs

£38,000

Bridging Loan Interest

£9,581

Total Cash In

£168,281

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£356,500

Mortgage (After Refinance)

£267,375

Mortgage LTV

75%

Cash Left In

£168,281

Equity

£89,125

Rent Range

£550 - £1,896

Rent Estimate

£953

Running Costs/mo

£1,325

Cashflow/mo

£-372

Cashflow/yr

£-4,460

Gross Yield

3%

Local Sold Prices

32 sold prices from £205K to £675K, average is £272.5K. £1.6K/m² to £5.5K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£275K07/220.07 mi2, Bell Orchard, Curry Rivel, Langport, Somerset TA10 0EG3
£225K05/210.07 mi27, Abbey Close, Curry Rivel, Langport, Somerset TA10 0EL3
£260K04/210.07 mi12, Abbey Close, Curry Rivel, Langport, Somerset TA10 0EL3
£235K08/220.09 mi22a, Stanchester Way, Curry Rivel, Langport, Somerset TA10 0PS3
£215K04/210.09 mi40, Stanchester Way, Curry Rivel, Langport, Somerset TA10 0PU3
£221K08/210.09 mi36, Stanchester Way, Curry Rivel, Langport, Somerset TA10 0PU3
£265K11/210.09 mi77, Stanchester Way, Curry Rivel, Langport, Somerset TA10 0PU3
£235K03/210.09 mi57, Stanchester Way, Curry Rivel, Langport, Somerset TA10 0PU3
£225K03/210.09 mi47, Stanchester Way, Curry Rivel, Langport, Somerset TA10 0PU3
£265K05/220.09 mi47, Stanchester Way, Curry Rivel, Langport, Somerset TA10 0PU3
£269.9K07/220.09 mi76, Stanchester Way, Curry Rivel, Langport, Somerset TA10 0PU3
£300K09/220.1 mi28, Abbey Close, Curry Rivel, Langport, Somerset TA10 0EL3
£299.9K09/210.11 mi8, Stanchester Way, Curry Rivel, Langport, Somerset TA10 0PS3
£216K07/210.12 mi41, Parsonage Place, Curry Rivel, Langport, Somerset TA10 0EW3
£237.5K09/220.15 mi41, Parsonage Place, Curry Rivel, Langport, Somerset TA10 0EW3
£300K08/230.15 mi7, St Andrews Close, Curry Rivel, Langport, Somerset TA10 0NS3
£310K08/220.16 miSt Cleer, Stanchester, Curry Rivel, Langport, Somerset TA10 0EA3
£365K09/210.19 miMisty Cottage, Stanchester, Curry Rivel, Langport, Somerset TA10 0NR3
£230K06/210.23 mi40, Dyers Road, Curry Rivel, Langport, Somerset TA10 0PR3
£220K05/210.38 mi3, Hoskins Close, Curry Rivel, Langport, Somerset TA10 0JQ3
£455K02/230.42 miLinden Cottage, High Street, Curry Rivel, Langport, Somerset TA10 0EY3
£330K11/200.43 miHillside Cottage, High Street, Curry Rivel, Langport, Somerset TA10 0EY3
£382K06/210.43 miCranford, High Street, Curry Rivel, Langport, Somerset TA10 0EY3
£385K12/210.52 mi2, Stoneyhurst Drive, Curry Rivel, Langport, Somerset TA10 0JH3
£325K04/210.52 mi2, Stoneyhurst Drive, Curry Rivel, Langport, Somerset TA10 0JH3
£360K12/200.52 mi11, Stoneyhurst Drive, Curry Rivel, Langport, Somerset TA10 0JH3
£347.5K04/230.52 mi4, Stoneyhurst Drive, Curry Rivel, Langport, Somerset TA10 0JH3
£400K10/220.54 mi2, Stoneyhurst Drive, Curry Rivel, Langport, Somerset TA10 0JH3
£265K09/210.57 miQuarry Close Cottage, Townsend, Curry Rivel, Langport, Somerset TA10 0HW3
£550K01/230.67 miOrchard Bungalow, North Street, Drayton, Langport, Somerset TA10 0LE3
£205K12/200.69 mi39, Chatham Place, Curry Rivel, Langport, Somerset TA10 0HS3
£675K10/220.71 miWynnards, Heale, Curry Rivel, Langport, Somerset TA10 0PL3

Local Rents

18 rents from £550/mo to £1.9K/mo, average is £653/mo.

RentDateDistanceAddressBeds 
£62508/240.07 mi-1
£55009/240.07 miAbbey Close, Curry Rivel1
£62512/240.12 mi-1
£1,40008/240.12 mi-3
£58007/240.13 mi-1
£64503/250.13 mi-1
£1,40003/250.29 mi-3
£82509/241.47 miBow Street, Langport, TA101
£68004/251.73 mi-1
£57507/241.73 mi-1
£59509/241.73 mi-2
£64009/241.74 mi-2
£66012/241.74 mi-1
£58501/251.74 mi-1
£1,80009/242.19 miNewtown, Langport4
£1,50004/252.3 mi-3
£1,89609/242.36 mi-3
£1,85009/242.46 miWearne, Nr Langport4

Property History

Listed for £365,000

April 1, 2025

Floor Plans

Description

  • Substanital detached home in need of modernisation +
  • Situated in the heart of Curry Rivel +
  • Open plan living downstairs +
  • Three bedrooms +
  • Family bathroom +
  • Single garage and dirveway parking +
  • Front and rear gardens in need of attention. +

A wonderful opportunity to acquire a substantial detached residence in the heart of Curry Rivel with three bedrooms, open plan living and garage.
No onward chain.

Protea House is an individually built, three bedroomed detached house now in need of modest modernisation. The property is situated close to the centre of the always popular village of Curry Rivel and in walking distance of all amenities the village has to offer.
The front entrance is covered by a tiled porch canopy where sliding doors lead to the inner porch—The front door then leads to the hallway where half turning stairs to the first floor and WC can be found. The open plan, L-shaped living/dining room with space for a log burner recessed into the stone fireplace has two sets of sliding patio doors out to the garden. A wonderfully open room with clear divisions of use. The kitchen has a range of both wall and base level units and the sink is nicely positioned under the large front facing window. The kitchen leads on into the utility room with more cupboards and of course space for utilities— The garden room with sliding doors to the rear garden and a staircase to an extra room for storage above can be found from the utility room. On the first floor the carpeted landing provides access to all three bedrooms. The master bedroom has a pair of built in wardrobes either side of a small in built in dressing table. Bedroom two and three are of a similar size to each other and could accommodate for a double bed. A well finished shower room with cubicle shower, WC, handwash basin and large airing cupboard complete the accommodation for the upstairs.

OUTSIDE
Now in need of some attention, much like the main house the gardens have the potential to be truly stunning—Divided into the three areas and stretching from one end of the plot to the other, there is a sheltered area just out from the Garden Room which can be a real sun trap, mostly laid to gravel with an area of patio immediately to the rear of the house. The patio continues along the back of the house and leads around to the wider part of the plot again, mostly gravelled with a central flower bed. Various outbuildings like a greenhouse and garden sheds are present. A side gate leads back round to the front of the house providing access to the single garage and the driveway.

The attractive village of Curry Rivel offers local facilities including garage with post office, One-Stop store, popular gastro-pub, primary school and parish church. A wider range of facilities are available in the market town of Langport (2 miles), including many shops, supermarket, post office, doctors' and dentists surgeries, veterinary surgery, library, along with Huish Episcopi Academy & Sixth Form with adjoining sports centre. The county town of Taunton is 12 miles distant, with a comprehensive range of retail, recreational and commercial facilities, in addition to rail connections and M5 access..

Agent Details

Greenslade Taylor Hunt, Langport

01458 552269

Next Steps?

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