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 %
- Est sale value
- 68,557.00 £Decreased by 33.21 %
- Average area rental value
- 1,133.00 £/moIncreased by 25.89 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 0.75 %Decreased by 69.51 %
- Crime Rate
- 48.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Abbas And Templecombe Church Of England Primary School | Voluntary Controlled School | Good | 0.09 KM |
| Horsington Church School | Academy Converter | Good | 2.33 KM |
| St Nicholas Cofe Primary School, Henstridge | Voluntary Controlled School | Good | 3.45 KM |
| Marchant Holliday School | Other Independent Special School | Good | 4.46 KM |
| Wincanton Primary School | Community School | Good | 5.71 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Church Close | £ 0 | 0 | 0.00 KM |
| East Street | £ 0 | 0 | 0.00 KM |
| Hillcrest Road | £ 0 | 0 | 0.00 KM |
| Temple Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Templecombe | 5837 | TMC | 0.14 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Church Rise, Templecombe | £ 75,000 | BUY | 5 / 10 | 0.00 KM |
| Church Hill, Templecombe | £ 85,000 | BUY | 5 / 10 | 0.01 KM |
| Church Hill, Templecombe, Somerset, BA8 | £ 500,000 | BUY | 8 / 10 | 0.05 KM |
| Church Hill, Templecombe, Somerset, BA8 | £ 498,000 | BUY | Unknown | 0.12 KM |
| Yarn Barton, Templecombe, Somerset, BA8 | £ 135,000 | BUY | 7 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Church Hill | £ 455,000 | 0.01 KM |
| 6 Church Hill | £ 245,000 | 0.08 KM |
| Briars | £ 370,000 | 0.08 KM |
| 14 Church Hill | £ 260,000 | 0.08 KM |
| 1 Station Road | £ 220,000 | 0.09 KM |