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School Road, Monkton Heathfield, Taunton

South West

£129,950
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom top-floor flat offers a prime opportunity for renovation and investment in the sought-after village of Monkton Heathfield, located on the outskirts of Taunton in Somerset. While the property is currently in need of modernisation, it presents an ideal canvas for those looking to create a tailored living space that reflects their tastes. Internally, the layout includes an entrance hall leading to a spacious lounge, perfect for comfortable living. The separate kitchen and dining area provide ample potential for redesign, with space allocated for essential appliances. A utility area enhances functionality with plumbing available for a washing machine as well as housing the combi boiler. The bedrooms are both generously sized, allowing for various configurations and updates to suit individual preferences. The shower room features necessary amenities but could benefit from contemporary enhancements to elevate its appeal. Outside, residents can enjoy communal gardens that offer a pleasant outdoor space, along with dedicated parking at the rear of the building. This flat also benefits from double glazing throughout, providing energy efficiency and maintaining a comfortable atmosphere year-round. Monkton Heathfield is known for its community feel and accessibility to local amenities while being close to transport links into Taunton. Given its advantageous location and potential for refurbishment, this property represents an excellent investment opportunity for buyers looking to add value through renovations. The property is leasehold with reasonable ground rent and service charges. With mains gas central heating and no recent flooding issues reported in the area, this flat combines practicality with significant potential.

Investment Analysis

(TA2 area)
Area Average
£286/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (TA2)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.2%
5 year growth: 22.4%
Investment Disclaimer: Analysis based on TA2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

School Road, Monkton Heathfield, Taunton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£476
Based on a loan of £97,462 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE