Worst House on the Street Logo
Alfred Street, Taunton - Image 1
Alfred Street, Taunton - Image 2
Alfred Street, Taunton - Image 3
Alfred Street, Taunton - Image 4
Alfred Street, Taunton - Image 5
Alfred Street, Taunton - Image 6
Alfred Street, Taunton - Image 7
Alfred Street, Taunton - Image 8
Alfred Street, Taunton - Image 9
Alfred Street, Taunton - Image 10
Alfred Street, Taunton - Image 11

Alfred Street, Taunton

South West

£160,000
Listed on 22/01/2026

Property Details

Bedrooms
4
Type
Terraced house

Description

This is an intriguing investment opportunity located in the heart of Taunton, boasting approximately 3,407 sq ft of versatile space. Currently operating as a former public house, known as The Somerset Inn, this property comes with full planning approval to transform it into two three-bedroom flats, complete with gardens and parking spaces. With no onward chain and Zero CIL, this redevelopment project is perfectly positioned for those looking to capitalize on the growing demand for residential units in central locations. The building spans three levels and features an entrance porch leading into what was once the bar area. Beyond that is a rear hallway connecting to the skittle alley and a sheltered internal courtyard, plus additional storage and toilet facilities. The first floor houses a spacious kitchen/breakfast room alongside a family bathroom and bedrooms, while there is ample potential to utilize the expansive loft room on the third floor. The exterior includes off-road parking for two vehicles along with a good-sized internal workshop area. Situated just off Victoria Gate near Victoria Park, this location offers easy access to Taunton's array of shopping and recreational facilities including cricket grounds and racecourses. This property represents an exceptional chance for astute investors ready to undertake a meaningful transformation in a vibrant community.

Investment Analysis

(TA1 area)
Area Average
£295/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (TA1)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +0.7%
5 year growth: +17.4%
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

Alfred Street, Taunton
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates