3 Bed Terraced House, Refurb/BRRR, Taunton, TA1 2PL, £210,000

Avill Crescent, Taunton, Somerset, TA1 2PL - 12 days ago

Auction
Refurb/BRRR
ROI: 6%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£162.9K - £370K
Sold Prices/m²£1.9K/m² - £4.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£216,300
BMV3%

 

 

End Value (After Refurb)

£264,692

Uplift in Value

+26%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£13,400

Refurb Costs

£37,820

Bridging Loan Interest

£5,513

Total Cash In

£110,983

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£264,692

Mortgage (After Refinance)

£198,519

Mortgage LTV

75%

Cash Released

£41,019

Cash Left In

£69,963

Equity

£66,173

Rent Range

£1,150 - £2,700

Rent Estimate

£1,725

Running Costs/mo

£1,192

Cashflow/mo

£533

Cashflow/yr

£6,394

ROI

6%

Gross Yield

10%

Local Sold Prices

50 sold prices from £162.9K to £370K, average is £247.3K. £1.9K/m² to £4.2K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£250K12/220.04 mi70, Severn Drive, Taunton, Somerset TA1 2PW3
£229K12/200.04 mi58, Severn Drive, Taunton, Somerset TA1 2PW3
£258K01/230.04 mi68, Severn Drive, Taunton, Somerset TA1 2PW3
£218.5K12/200.1 mi95, Thames Drive, Taunton, Somerset TA1 2TE3
£240K03/240.11 mi33, Chelmer Close, Taunton, Somerset TA1 2TB3
£192K02/210.18 mi52, Lisieux Way, Taunton, Somerset TA1 2JZ3
£297K03/210.18 mi125, Hamilton Road, Taunton, Somerset TA1 2EP3
£370K10/200.18 mi111, Hamilton Road, Taunton, Somerset TA1 2EP3
£220K09/230.2 mi73, Hamilton Road, Taunton, Somerset TA1 2EL3
£300K11/200.2 mi48, Hamilton Road, Taunton, Somerset TA1 2ES3
£246K06/210.24 mi23, Bloomfield Close, Taunton, Somerset TA1 2EN3
£230K03/210.24 mi37, Bloomfield Close, Taunton, Somerset TA1 2EN3
£285K09/230.24 mi27, Bloomfield Close, Taunton, Somerset TA1 2EN3
£250K06/210.25 mi2a, Burns Road, Taunton, Somerset TA1 2HU3
£228K10/200.25 mi9, Kennet Grove, Taunton, Somerset TA1 2NT3
£237K09/210.26 mi54, Calder Crescent, Taunton, Somerset TA1 2NH3
£250K10/200.26 mi51, Calder Crescent, Taunton, Somerset TA1 2NH3
£280K09/230.26 mi6, Calder Crescent, Taunton, Somerset TA1 2NH3
£305.9K09/210.26 mi25, Ashbourne Crescent, Taunton, Somerset TA1 2RA3
£233.5K12/200.26 mi83, Normandy Drive, Taunton, Somerset TA1 2LE3
£245K03/210.27 mi81, Parmin Way, Taunton, Somerset TA1 2JX3
£189K04/210.28 mi34, Wordsworth Drive, Taunton, Somerset TA1 2HW3
£235K12/200.28 mi2, Leadon Grove, Taunton, Somerset TA1 2NX3
£285K08/230.3 mi26, Bowmont Grove, Taunton, Somerset TA1 2RF3
£278K09/230.31 mi14, Medway Close, Taunton, Somerset TA1 2NS3
£247.5K10/230.31 mi25, Parmin Way, Taunton, Somerset TA1 2JU3
£231K08/230.31 mi12, Parmin Way, Taunton, Somerset TA1 2JU3
£315K09/210.32 mi27, Bridgwater Road, Taunton, Somerset TA1 2DP3
£250K05/230.32 mi43, Bridgwater Road, Taunton, Somerset TA1 2DP3
£250K06/210.33 mi4, Medway Close, Taunton, Somerset TA1 2NS3
£162.9K05/210.34 mi44, Milton Road, Taunton, Somerset TA1 2JG3
£251K04/210.34 mi19, Kenwyn Close, Taunton, Somerset TA1 2RG3
£258K04/210.34 mi4, Lynor Close, Taunton, Somerset TA1 2RX3
£190K05/230.34 mi84, Lambrook Road, Taunton, Somerset TA1 2AF3
£290K10/200.35 mi10, Bridgwater Road, Taunton, Somerset TA1 2DS3
£320K11/200.35 mi12, Bridgwater Road, Taunton, Somerset TA1 2DS3
£345K02/240.35 mi12, Bridgwater Road, Taunton, Somerset TA1 2DS3
£193.5K03/210.35 mi81, Ashbourne Crescent, Taunton, Somerset TA1 2RA3
£245K04/240.35 mi89, Ashbourne Crescent, Taunton, Somerset TA1 2RA3
£235K06/230.35 mi15, Ashbourne Crescent, Taunton, Somerset TA1 2RA3
£200K09/210.35 mi7, Creechbarrow Road, Taunton, Somerset TA1 2AR3
£247K08/210.36 mi13, Midford Road, Taunton, Somerset TA1 2JJ3
£180K01/210.37 mi8, Byron Road, Taunton, Somerset TA1 2JD3
£217K03/230.37 mi40, Charles Crescent, Taunton, Somerset TA1 2XN3
£270K11/230.38 mi15, Redlake Drive, Taunton, Somerset TA1 2RU3
£255K09/230.38 mi103, Redlake Drive, Taunton, Somerset TA1 2RU3
£277K03/230.38 mi93, Redlake Drive, Taunton, Somerset TA1 2RU3
£187.5K04/210.39 mi65, Leycroft Road, Taunton, Somerset TA1 2ED3
£263K09/210.39 mi16, Derwent Grove, Taunton, Somerset TA1 2NJ3
£240K12/200.39 mi10, Tyne Park, Taunton, Somerset TA1 2RP3

Local Rents

13 rents from £1.1K/mo to £2.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,20009/240.27 miParmin Way, TA1 3
£1,35009/240.29 miThames Drive, Taunton3
£1,20009/240.35 miAshbourne Crescent, Taunton3
£1,25009/240.36 miAshbourne Crescent, Taunton3
£1,40009/240.41 mi-3
£2,70009/240.46 mi-3
£2,70012/240.46 mi-3
£2,70002/250.46 mi-3
£2,70003/250.46 mi-3
£1,15009/240.47 miBeadon Road, TAUNTON3
£1,35009/240.56 miCreechberry Orchard, Taunton3
£1,40008/240.58 mi-3
£1,32509/240.59 miPoplar Road, Taunton TA13

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

0.83 miles away

Nearest school

0.20 miles away

Nearest train station

1.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £210,000

April 2, 2025

Floor Plans

Description

This modern three bedroom home occupies a quiet off-road position in this sought after development & school catchment area. Fantastic range of local amenities, including family restaurant and convenience store within short walking distance.

Although in need of some updating this property represents great value for money and fantastic opportunity for both home owners and investment buyers.

The accommodation briefly comprises Hallway, Lounge and Kitchen/Diner with patio doors to the rear garden. Upstairs you will find a Master Bedroom with en suite shower room, 2 further bedrooms and family bedroom.

Outside is a garage with drive providing ample parking.

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Auctioneer Comments

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Agent Details

Palmer Snell, Taunton

01823 212308

Next Steps?

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