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Rowan Drive, Taunton

South West

£240,000
Listed on 16/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace property is situated in the desirable Chestnut Drive area, known for its convenient access to the town center and local amenities. With no onward chain, this home presents an opportunity for both first-time buyers and investors looking to capitalize on its renovation potential. Upon entering, you are greeted by a spacious entrance hall that leads to a comfortable lounge and dining area. The well-proportioned lounge benefits from ample natural light courtesy of a large double-glazed window, while a feature arch connects it to the dining room, fostering an open-plan feel. The dining space features sliding doors that lead to a conservatory, which opens directly to the garden—a versatile area ideal for both dining and relaxation. The kitchen is designed with practicality in mind. It features light-wood cabinets and sufficient space for freestanding appliances. With its U-shaped layout and direct access to the garden, it offers a functional space that could easily be modernized to suit contemporary tastes. Upstairs, the property comprises three bedrooms. The main bedroom is generously sized and benefits from rear-facing views. The second bedroom also offers good dimensions with front-facing windows, while the third bedroom is perfectly suited for use as a nursery or study. They share a family bathroom equipped with essential amenities that may benefit from some updates. Outside, the low-maintenance garden includes a patio area that provides an inviting setting for outdoor activities and entertaining. Raised planters add greenery, while additional storage is available in a brick-built outbuilding. The property also features off-street parking with a driveway accommodating at least one vehicle. Located in an area with strong rental demand, this property presents excellent investment potential—offering an attractive yield of over 6%. With renovation opportunities throughout, it can be transformed into a contemporary living space that meets modern standards while benefiting from its prime location.

Investment Analysis

(TA1 area)
Area Average
£296/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (TA1)

Area prices are rising by +6.5% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on TA1 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

Rowan Drive, 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
£879
Based on a loan of £180,000 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