Church Rise, Templecombe
MA

Church Rise, Templecombe

By Martin & Co

£ 75,000

Reviews

2 out of 5 stars

Martin & Co says ..

Ideal investment purchase - this tidy one-bedroom apartment, in a convenient location for Templecombe railway station. Currently let with excellent long-term tenant with annual gross income of £6900, giving a 9.2% return on purchase price. Cash buyers only, no chain.

Property Oracle says ..

This one-bedroom, one-bathroom property located in Templecombe, Somerset, is listed at £75,000. The property itself is a small apartment, approximately 383 sqft and there is no information regarding plot size and garden space. The exterior appearance suggests the property would benefit from some cosmetic updates, such as a fresh coat of paint. The interior appears clean and functional from the provided photos but is relatively basic and may also benefit from modernisation. The location in Templecombe is convenient with access to a train station and local amenities, including a highly-rated primary school. The relatively low asking price compared to other properties in the village may make it an attractive investment opportunity for first-time buyers or investors seeking a property in need of renovation in a well-located Somerset village. However, prospective buyers should be prepared to undertake some modernisation work to enhance the property’s overall condition and appeal. There is limited information regarding the average price per square foot in the immediate vicinity, limiting the ability to draw definitive conclusions on its value relative to the market. The scarcity of land and the relatively small size are important factors to consider when assessing the overall value proposition.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
383.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
1,817,500.00 £
Increased by 314.47 %
from 438,516.00 £
Est sale value
68,557.00 £
Decreased by 33.21 %
from 102,644.00 £
Average area rental value
1,133.00 £/mo
Increased by 25.89 %
from 900.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
0.75 %
Decreased by 69.51 %
from 2.46 %
Crime Rate
48.00 %
Unchanged by 0.00 %
from 48.00 %

Agent Activity

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Abbas And Templecombe Church Of England Primary SchoolVoluntary Controlled SchoolGood0.09 KM
Horsington Church SchoolAcademy ConverterGood2.33 KM
St Nicholas Cofe Primary School, HenstridgeVoluntary Controlled SchoolGood3.45 KM
Marchant Holliday SchoolOther Independent Special SchoolGood4.46 KM
Wincanton Primary SchoolCommunity SchoolGood5.71 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Church Close £ 000.00 KM
East Street £ 000.00 KM
Hillcrest Road £ 000.00 KM
Temple Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Templecombe5837TMC0.14 KM

Nearby Listings

AddressPriceTypeScoreDistance
Church Rise, Templecombe £ 75,000BUY5 / 100.00 KM
Church Hill, Templecombe £ 85,000BUY5 / 100.01 KM
Church Hill, Templecombe, Somerset, BA8 £ 500,000BUY8 / 100.05 KM
Church Hill, Templecombe, Somerset, BA8 £ 498,000BUYUnknown0.12 KM
Yarn Barton, Templecombe, Somerset, BA8 £ 135,000BUY7 / 100.14 KM

Nearby Properties

AddressPriceDistance
7 Church Hill £ 455,0000.01 KM
6 Church Hill £ 245,0000.08 KM
Briars £ 370,0000.08 KM
14 Church Hill £ 260,0000.08 KM
1 Station Road £ 220,0000.09 KM