4-bedroom terraced house · TA1 3HY
Listing removedListed 237 days
Opportunity summary
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About
A spacious four bedroom Victorian terrace property benefitting from off road parking. No onward chain.
Offering an exciting opportunity, 48 Alfred Street is a characterful Victorian terrace property that is in need of refurbishment throughout.
Spread over three floors, the accommodation comprises an entrance porch with door leading to an entrance hall with under stairs storage cupboard and doors giving access to a good sized living room with feature fireplace and window to the front aspect.
The dining room is also a good size and benefits from alcove storage to the side of a feature fireplace.
To the rear of the hallway can be found a breakfast room with storage cupboard and door leading to the kitchen which is currently fitted with a range of wall and base units.
A rear hallway has a further storage cupboard and gives access to the downstairs shower room fitted in a modern white suite comprising a WC, wash hand basin and shower cubicle.
Stairs from the entrance hallway give access to the split level first floor landing with under stairs storage cupboard.
The landing provides access to four good size bedrooms, three of which are doubles. In bedroom three can be found an airing cupboard housing a modern fitted gas combination boiler.
Stairs from the landing lead to the loft room with Velux window. The room is a great space that requires adaptation for future use.
Alfred Street is found off Victoria Gate to the East of Taunton town centre. Victoria Park is situated directly opposite the house which is a park full of green open spaces.
Taunton is easily accessible with its extensive range of shopping, recreational, sporting and cultural facilities including Somerset County Cricket Ground and Taunton Racecourse.
The County town also provides access to the M5 motorway and a mainline intercity rail link. Externally the property benefits from off road parking for two vehicles to the front.
The rear garden is of good size and is, currently, predominantly laid to hardstanding with many mature shrubs and trees. The garden benefits from two storage sheds.
A gate leads to a further area of garden to the rear which features a large outbuilding and rear access. The gardens are currently overgrown but could be adapted into a wonderful outside space.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 48, Alfred Street, Somerset
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