3 Bed Terraced House, Refurb/BRRR, Taunton, TA2 6JN, £250,000

20 Leslie Avenue, Taunton, Somerset, TA2 6JN - 1 views - 7 months ago

Refurb/BRRR
ROI: 3%
~160 m²
+11 photos

ValuationFair Value











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£65,148

Bridging Loan Interest

£6,563

Total Cash In

£144,661

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£374,264

Agent Fees (1%)

£3,743

Bridging Loan

£187,500

Bridging Loan Interest

£6,563

Flip Profit

£38,361













Local Rents

30 rents from £1.1K/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35010/240.3 mi-3
£1,25009/240.33 mi-3
£1,35009/240.36 miWoodstock Road3
£1,25009/240.37 miRichmond Road, Taunton, TA13
£1,25011/240.38 mi-3
£1,35009/240.6 miSheldon Court, Taunton3
£1,30009/240.61 miEaton Crescent, Taunton3
£2,95002/240.78 mi-3
£2,95009/240.78 mi-3
£2,95009/240.78 mi-3
£2,95009/240.78 mi-3
£2,95009/240.78 mi-3
£2,95007/240.78 mi-3
£2,95008/240.78 mi-3
£2,95001/250.78 mi-3
£1,30009/240.79 miFirepool Crescent, Taunton3
£1,30009/240.79 miFirepool Crescent, Taunton3
£1,27510/240.94 mi-3
£1,15009/240.94 mi-3
£1,50009/240.95 miTaunton, TA13
£1,27001/251.06 mi-3
£2,70009/241.07 mi-3
£2,70012/241.07 mi-3
£2,70001/251.07 mi-3
£1,75009/241.1 miManor Orchard, Taunton, TA13
£1,95012/241.12 mi-3
£1,40008/241.12 mi-3
£1,90011/241.18 mi-3
£1,30009/241.21 miThe Shaulders, Taunton, 3
£1,20009/241.23 miStandfast Place, Taunton, TA23

Local Area Statistics

Population in TA2

26,588

Population in Taunton

85,088

Town centre distance

0.96 miles away

Nearest school

0.20 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £250,000

June 27, 2024

Floor Plans

Description

  • A spacious Victorian end of terrace house +
  • In need of complete modernisation. +
  • Close to Taunton town and Train Station +
  • No Onward Chain. +

A spacious 3 bedroom Victorian end of terrace house in need of complete modernisation. No Onward Chain.

20 Leslie Avenue is a spacious Victorian property that offers excellent potential to offer a beautiful family home in a desired location on the outskirts of Taunton. With modernisation and refurbishment required throughout, the current accommodation comprises an entrance porch with door leading to the entrance hallway with stairs rising to the first floor. The sitting room is of a good size with feature fireplace, bay window and sliding doors giving access to the separate dining room which is also a good size. The kitchen sits to the rear and currently offers two spaces of wall and base units. The ground floor is complete by the modern fitted wet room with W.C., wash hand basin and shower. On the first floor can be found three good sized bedrooms alongside the family bathroom. A staircase from the first floor landing gives access to the versatile attic room than can be utilised as a further bedroom or office space.

The property is situated within one the highly favoured central locations of the town with its particularly easy access to the train station and into the County Town. There are several local shops within easy walking distance. The County Town of Taunton provides a wide range of scholastic, entertainment and shopping facilities with presence from the majority of national retailers.

The property benefits from a small front garden that is currently laid to gravel with a path to the front door. The rear garden is a good size and is currently predominantly laid to hardstanding with some mature shrubs and trees. A side gate gives access to a path that leads to the front of the property.

Agent Details

Greenslade Taylor Hunt, Taunton

01823 211774

Next Steps?

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