2 Bed Flat, Single Let, Taunton, TA1 4TR, £135,000

Burchs Close, Taunton, Somerset, TA1 4TR - 2 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£60K - £340K
Sold Prices/m²£1.1K/m² - £6.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£168,657
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£8,150

Total Cash In

£41,900

 

 

Cash Out

 

Rent Range

£650 - £1,700

Rent Estimate

£750

Running Costs/mo

£592

Cashflow/mo

£158

Cashflow/yr

£1,898

ROI

5%

Gross Yield

7%

Local Sold Prices

47 sold prices from £60K to £340K, average is £150K. £1.1K/m² to £6.8K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£137K09/210.01 miFlat 44, Seville Court, Burchs Close, Taunton, Somerset TA1 4TR2
£193K01/230.07 miFlat 9, Haseley Court, Ferndown Close, Taunton, Somerset TA1 4TL2
£180K02/240.07 miHaseley Court, Flat 11, Ferndown Close, Taunton, Somerset TA1 4TL2
£180K07/230.08 miFlat 4, Blythe Court, Ferndown Close, Taunton, Somerset TA1 4TJ2
£182K01/230.08 miFlat 9, Blythe Court, Ferndown Close, Taunton, Somerset TA1 4TJ2
£175K10/230.12 miFlat 3, Essex Court, Essex Drive, Taunton, Somerset TA1 4JZ2
£155K10/210.14 miFlat 2, Wiltshire Court, Wiltshire Close, Taunton, Somerset TA1 4JS2
£129K08/210.3 miFlat 8, Sutherland Court, Windsor Close, Taunton, Somerset TA1 4LL2
£140K10/210.3 miFlat 5, Sutherland Court, Windsor Close, Taunton, Somerset TA1 4LL2
£170K12/230.3 miFlat 5, Sutherland Court, Windsor Close, Taunton, Somerset TA1 4LL2
£139.9K11/200.32 miFlat 9, Claremont Court, Windsor Close, Taunton, Somerset TA1 4LP2
£130K08/210.34 miFlat 1, Minster Court, Windsor Close, Taunton, Somerset TA1 4LW2
£136K03/210.34 miFlat 8, Minster Court, Windsor Close, Taunton, Somerset TA1 4LW2
£168K04/230.34 miFlat 4, Minster Court, Windsor Close, Taunton, Somerset TA1 4LW2
£187K02/210.39 miFlat 3, Wheatleigh House, Wheatleigh Close, Taunton, Somerset TA1 4QE2
£145K07/210.4 mi20, Chapman Court, Taunton, Somerset TA1 4YB2
£147K01/210.44 miFlat 31, Vivary Heights, Broadlands Rise, Taunton, Somerset TA1 4HL2
£168K07/230.44 miFlat 39, Vivary Heights, Broadlands Rise, Taunton, Somerset TA1 4HL2
£240K05/210.47 miFlat 50, Vivary House, Kinglake Drive, Taunton, Somerset TA1 3RR2
£200K03/230.56 miFlat 76, Sherford Lodge, Kinglake Drive, Taunton, Somerset TA1 3RR2
£225K02/210.56 miFlat 45, Vivary House, Kinglake Drive, Taunton, Somerset TA1 3RR2
£340K08/230.56 miFlat 19, Blagdon Lodge, Kinglake Drive, Taunton, Somerset TA1 3RR2
£200K10/230.58 miCompass Court, Flat 24, Compass Rise, Taunton, Somerset TA1 4PP2
£219.9K03/230.58 miFlat 22, Compass Court, Compass Rise, Taunton, Somerset TA1 4PP2
£120K06/210.61 miFlat 2, Turkey Court, Vivary Road, Taunton, Somerset TA1 3JN2
£152K08/230.61 mi66c, Deane Drive, Taunton, Somerset TA1 5PR2
£160K05/210.65 miFlat 4, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£180K10/200.65 miFlat 8, Bath House Court, Wellington Road, Taunton, Somerset TA1 4EQ2
£130K03/210.66 miFlat 6, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£122K12/200.66 miFlat 8, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£105K06/210.66 mi11c, Park Street, Taunton, Somerset TA1 4DF2
£130K06/210.67 miFlat 4, Dovetail Court, Park Street, Taunton, Somerset TA1 4DF2
£120K11/200.7 mi7a, Smithy, Bishops Hull, Taunton, Somerset TA1 5DT2
£90K12/230.71 miFlat 13, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£105K08/230.71 miFlat 8, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£100K01/230.72 miFlat 1, Portland Grange, Upper High Street, Taunton, Somerset TA1 3PZ2
£122K11/210.8 miFlat 28, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£95K11/230.8 miFlat 43, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£90K10/230.8 miFlat 7, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£100K10/230.8 miFlat 44, Beech Court, Tower Street, Taunton, Somerset TA1 4BH2
£120K07/210.81 miFlat 6, Vivary Gate, Upper High Street, Taunton, Somerset TA1 3PX2
£160K05/230.81 miFlat 12, Vivary Gate, Upper High Street, Taunton, Somerset TA1 3PX2
£156K06/230.87 mi11, Haydon Close, Bishops Hull, Taunton, Somerset TA1 5HF2
£150K03/230.87 mi8, Haydon Close, Bishops Hull, Taunton, Somerset TA1 5HF2
£176K05/230.91 miFlat 28, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£175K06/230.91 miFlat 7, Summerfield Court, French Weir Close, Taunton, Somerset TA1 1XJ2
£60K11/201 mi2, Northfield Gardens, Taunton, Somerset TA1 1XN2

Local Rents

30 rents from £650/mo to £1.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95002/250.13 mi-2
£85009/240.31 miTrull Road, TAUNTON2
£1,20003/250.33 mi-2
£1,10006/240.43 mi-2
£1,07509/240.49 miHilary Road, TAUNTON2
£1,25011/240.53 mi-2
£1,05009/240.56 miGalmington2
£75002/240.62 mi-2
£1,20009/240.64 miWestgate Street, Taunton, 2
£90009/240.66 miDovetail Court,park Street,taunton2
£1,05009/240.68 mi-2
£1,00001/250.68 mi-2
£1,05009/240.82 miSouth View Terrace, Trull, TAUNTON2
£1,30009/240.84 miBishops Hull Hill, Bishops Hull, Taunton2
£99509/240.86 miHamwood, Taunton2
£1,10009/240.95 mi-2
£89509/240.96 miUpper Wood Street, Taunton, TA12
£1,17508/240.99 mi-2
£1,20001/250.99 mi-2
£90009/241.07 miRichmond Road 2
£92509/241.07 miWoodstock Road, Taunton, TA12
£1,60009/241.1 miCoal Orchard, TAUNTON2
£1,10009/241.11 miRichmond Road, TAUNTON2
£1,55009/241.11 miCoal Orchard, TAUNTON2
£65002/251.14 mi-2
£92509/241.14 miThe Octagon, Taunton, Somerset, TA12
£85009/241.19 miMiddle Street, Taunton, TA12
£75003/251.21 mi-2
£1,50009/241.21 mi-2
£1,70003/251.21 mi-2

Local Area Statistics

Population in TA1

39,265

Population in Taunton

85,088

Town centre distance

1.12 miles away

Nearest school

0.10 miles away

Nearest train station

1.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £135,000

February 12, 2025

Floor Plans

Description

  • A GROUNDFLOOR FLAT +
  • NO ONWARD CHAIN +
  • 2 BEDROOMS +
  • SITTING/DINING ROOM +
  • KITCHEN +
  • FAMILY BATHROOM +
  • GAS CENTRAL HEATING & DOUBLE GLAZING +
  • COMMUNAL GARDENS +
  • IDEAL FIRST BUY OR INVESTMENT +
  • SOUGHT AFTER LOCATION +

Accommodation communal
Front door to the communal entrance hall with door to:-

Entrance Lobby
With radiator, ceiling light,:-

Sitting/Dining Room
c.17'11 x 11'6 max (5.46m x 3.50m)
With double glazed patio doors to the front aspect, 2 radiators, 2 ceiling lights, door to:-

Kitchen
c.8'7 x 7'9 (2.61m x 2.36m)
With a double glazed window to the front aspect fitted, units comprising both floor and wall mounted storage cupboards and drawers, with working surfaces incorporating a single bowl single drainer stainless steel sink unit, tiling to splash prone areas, wall mounted gas boiler for the hot water and central heating, space and point for an electric cooker, space and plumbing for a washing machine, ceiling light.

Bedroom 1
c.12'1 max x 9'10 (3.68m x 2.99m)
With a double glazed window to the front aspect, radiator, built-in wardrobe, ceiling light.

Bedroom 2
c.9'10 x 7'11 (2.99m x 2.41m)
With a double glazed window to the side aspect, radiator, ceiling light.

Bathroom
With a double glazed window to the side aspect, a suite comprising of a bath with an electric shower over, pedestal wash hand basin, close coupled WC, heated towel rail, tiling to splash prone areas, ceiling light.

Outside
There are communal garden..

Council Tax Band :- B

Construction :- Brick under a tiled roof.

Utilities :- Mains electric, gas, water and drainage.

Flood Risk :- Surface high, river and sea high.

Primary School Catchment :- Bishop Henderson School.

Secondary School Catchment :- Castle School.

The lease was 999 years from January 1978 and the ground rent and maintenance is approx. £80.00 a month.

Directions
Head out of Taunton on the Trull road, at the roundabout turn right into Galmington Road, then left into Collage Way, turn right into Pitts Close, right again into Burchs Close, Seville Court will be found on your right hand side.

Agent Details

TRG Lawrence & Son, Taunton

01823 211787

Next Steps?

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