3 Bed Semi-Detached House, Refurb/BRRR, Taunton, TA1 4SD, £250,000

76 Parkfield Road, Taunton, TA1 4SD - 4 views - 25 days ago

Refurb/BRRR

~93 m²

+19 photos

ValuationFair Value

Sold Prices	£150K - £425K
Sold Prices/m²	£1.3K/m² - £5K/m²

Square Metres	~93 m²
Price/m²	£2.7K/m²
Value Estimate	£252,500£252,500

End Value (After Refurb)	£357,692£357,692
Uplift in Value	+43%+43%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£62,500£62,500
Stamp Duty & Legal Fees	£13,700£13,700
Refurb Costs	£37,820£37,820
Bridging Loan Interest	£6,563£6,563
Total Cash In	£122,333£122,333

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£357,692£357,692
Agent Fees (1%)	£3,577£3,577
Bridging Loan	£187,500£187,500
Bridging Loan Interest	£6,563£6,563
Flip Profit	£44,283£44,283

Local Sold Prices

50 sold prices from £150K to £425K, average is £317.5K. £1.3K/m² to £5K/m², average is £3.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£250K	03/21	0 mi	64, Parkfield Road, Taunton, Somerset TA1 4SD	£3,125	80	3	Semi-Detached House
£365K	03/21	0.05 mi	211, Galmington Road, Taunton, Somerset TA1 4SS	£4,294	85	3	Semi-Detached House
£334K	09/23	0.06 mi	30, Avon Close, Taunton, Somerset TA1 4SU	-	-	3	Semi-Detached House
£300K	08/23	0.06 mi	6, Avon Close, Taunton, Somerset TA1 4SU	£3,659	82	3	Semi-Detached House
£332K	10/23	0.06 mi	23, Avon Close, Taunton, Somerset TA1 4SU	£3,689	90	3	Semi-Detached House
£376K	09/23	0.07 mi	48, Parkfield Road, Taunton, Somerset TA1 4SE	£4,821	78	3	Semi-Detached House
£375K	10/23	0.07 mi	5, Amor Place, Taunton, Somerset TA1 4SG	£4,808	78	3	Semi-Detached House
£270.6K	12/20	0.08 mi	217, Galmington Road, Taunton, Somerset TA1 4ST	-	-	3	Semi-Detached House
£305K	07/23	0.1 mi	34, Longmead Way, Taunton, Somerset TA1 4TA	£3,763	81	3	Semi-Detached House
£300K	05/21	0.1 mi	7, The Spinney, Taunton, Somerset TA1 4RY	£3,846	78	3	Detached House
£315K	03/21	0.11 mi	37, Parkfield Crescent, Taunton, Somerset TA1 4SA	-	-	3	Detached House
£425K	04/23	0.11 mi	39, Manor Orchard, Taunton, Somerset TA1 4SN	£4,137	103	3	Detached House
£362.5K	10/20	0.11 mi	44, Manor Orchard, Taunton, Somerset TA1 4SN	£4,647	78	3	Semi-Detached House
£380K	04/23	0.17 mi	39, Longmead Way, Taunton, Somerset TA1 4TB	-	-	3	Semi-Detached House
£300K	09/21	0.17 mi	7, Parkfield Crescent, Taunton, Somerset TA1 4RX	£3,977	75	3	Semi-Detached House
£150K	06/21	0.17 mi	128, Galmington Road, Taunton, Somerset TA1 5DW	£1,327	113	3	Semi-Detached House
£315K	04/21	0.19 mi	1, Wheatleigh Close, Taunton, Somerset TA1 4QE	£3,750	84	3	Detached House
£295K	04/24	0.19 mi	4, Wheatleigh Close, Taunton, Somerset TA1 4QE	£3,315	89	3	Bungalow
£420K	01/23	0.2 mi	19, Hoveland Lane, Taunton, Somerset TA1 5DD	-	-	3	Detached House
£365K	10/20	0.21 mi	Bracebridge, 8, Hoveland Lane, Taunton, Somerset TA1 5DE	-	-	3	Detached House
£367K	12/21	0.23 mi	19, Manor Orchard, Taunton, Somerset TA1 4PR	£4,476	82	3	Detached House
£365K	12/20	0.23 mi	8, Manor Orchard, Taunton, Somerset TA1 4PR	£4,001	91	3	Detached House
£220K	02/21	0.23 mi	7, Burchs Close, Taunton, Somerset TA1 4TR	£3,056	72	3	Semi-Detached House
£383K	08/23	0.25 mi	9, Manor Drive, Taunton, Somerset TA1 4RP	-	-	3	Detached House
£272K	11/20	0.27 mi	31, Parkfield Drive, Taunton, Somerset TA1 5BY	£3,200	85	3	Semi-Detached House
£180.5K	05/21	0.28 mi	15, Ashford Road, Taunton, Somerset TA1 5DH	-	-	3	Semi-Detached House
£377.5K	03/24	0.31 mi	28a, Parkfield Drive, Taunton, Somerset TA1 5BT	£5,033	75	3	Bungalow
£255K	02/24	0.34 mi	14, Statham Close, Taunton, Somerset TA1 5AF	£3,228	79	3	Semi-Detached House
£250K	09/23	0.34 mi	6, Galmington Lane, Taunton, Somerset TA1 5DQ	-	-	3	Terraced House
£335K	05/23	0.34 mi	2, Pembroke Close, Taunton, Somerset TA1 4LS	-	-	3	Detached House
£260K	12/20	0.35 mi	39, Middleway, Taunton, Somerset TA1 3QL	£3,023	86	3	Semi-Detached House
£265K	10/21	0.36 mi	11, Middleway, Taunton, Somerset TA1 3QH	£2,944	90	3	Terraced House
£365K	01/23	0.37 mi	3, Wilton Grove, Taunton, Somerset TA1 4HA	£2,874	127	3	Semi-Detached House
£210K	05/21	0.38 mi	5, Pikes Crescent, Taunton, Somerset TA1 4HR	-	-	3	Semi-Detached House
£221K	10/20	0.39 mi	4, Statham Grove, Taunton, Somerset TA1 5AG	£2,511	88	3	Semi-Detached House
£325K	06/21	0.39 mi	2, Kinglake Drive, Taunton, Somerset TA1 3RR	£3,218	101	3	Semi-Detached House
£395K	08/23	0.39 mi	30, Kinglake Drive, Taunton, Somerset TA1 3RR	-	-	3	Semi-Detached House
£349.9K	01/24	0.4 mi	1, Langham Drive, Taunton, Somerset TA1 4LJ	£4,438	79	3	Bungalow
£340K	10/20	0.4 mi	14, St Georges Way, Taunton, Somerset TA1 3SB	£4,928	69	3	Semi-Detached House
£320K	03/23	0.4 mi	40, Sherford Road, Taunton, Somerset TA1 3RH	£3,839	83	3	Terraced House
£205K	03/24	0.4 mi	58, Sherford Road, Taunton, Somerset TA1 3RH	£2,808	73	3	Semi-Detached House
£335K	12/20	0.41 mi	33, Aylands Road, Taunton, Somerset TA1 5BA	£3,102	108	3	Semi-Detached House
£325K	02/21	0.41 mi	31, Aylands Road, Taunton, Somerset TA1 5BA	-	-	3	Semi-Detached House
£320K	07/23	0.41 mi	1, Alston Close, Taunton, Somerset TA1 4LR	-	-	3	Semi-Detached House
£295K	01/21	0.41 mi	2, Alston Close, Taunton, Somerset TA1 4LR	£3,073	96	3	Detached House
£360K	12/23	0.42 mi	42, Ashley Road, Taunton, Somerset TA1 5BP	£3,529	102	3	Semi-Detached House
£275K	07/23	0.42 mi	1, Bowfell Close, Taunton, Somerset TA1 4JP	£3,929	70	3	Terraced House
£307.5K	05/23	0.43 mi	37, Galmington Drive, Taunton, Somerset TA1 5AQ	-	-	3	Semi-Detached House
£195K	11/20	0.43 mi	112, Churchill Way, Taunton, Somerset TA1 3QT	£2,500	78	3	Terraced House
£284K	04/21	0.43 mi	36, Vivary Road, Taunton, Somerset TA1 3JP	£2,513	113	3	Semi-Detached House

Local Rents

10 rents from £1.3K/mo to £1.9K/mo, average is £1.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,900	11/24	0.19 mi	-	3	Semi-Detached House
£1,750	09/24	0.23 mi	Manor Orchard, Taunton, TA1	3	Flat
£1,950	01/25	0.35 mi	-	3	Semi-Detached House
£1,500	09/24	0.38 mi	Taunton, TA1	3	Detached House
£1,250	05/24	0.39 mi	-	3	Semi-Detached House
£1,400	10/24	0.47 mi	-	3	Semi-Detached House
£1,475	04/25	0.47 mi	-	3	Semi-Detached House
£1,750	09/24	0.48 mi	Pikes Crescent, Taunton, TA1	3	Flat
£1,300	06/24	0.55 mi	-	3	Terraced House
£1,350	09/24	0.61 mi	Bradford Close, Taunton, Somerset, TA1	3	Terraced House

Local Area Statistics

Population in TA1	39,26539,265
Population in Taunton	85,08885,088
Town centre distance	0.90 miles away0.90 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.15 miles away1.15 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-4%-4%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+21%+21%

Property History

Listed for £250,000

March 21, 2025

Floor Plans

Description

SEMI-DETACHED HOUSE +
2 RECEPTION ROOMS +
3 BEDROOMS +
ENCLOSED WEST FACING GARDEN TO REAR +
GARAGE & DRIVEWAY PARKING +
CASTLE SCHOOL CATCHMENT +
CONVENIENT FOR HOSPITAL & TOWN CENTRE +
NO ONWARD CHAIN +

Situated in this popular location within walking distance of the town centre and Musgrove Park Hospital and within Castle School catchment is this 3 bedroomed semi-detached house now in need of updating with 2 reception rooms, enclosed West facing garden to the rear, garage and driveway parking. No onward chain.

The accommodation comprises Entrance Hall, Living Room, Dining Room, Kitchen with door to garden, Master Bedroom with fitted wardrobe, 2 further bedrooms, Bathroom and Separate WC.

- Council tax band D
- Mobile availability - visit checker.ofcom.org.uk for specific details
- What3words: ///common.scare.bill

Agent Details

Robert Cooney, Taunton

01823 589485

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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