Skip to main content Skip to footer

Studio for sale

£50,999 (£346/sq. ft)

Chilcompton Road, Midsomer Norton, Radstock BA3

1 1 147 sq. ft*
Interested in this property? Call +44 20 3544 6112 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Studio Apartment
  • Brand New Interior
  • Entry Phone
  • Electric Storage Heating
  • Excellent Investment Opportunity

Property description

This is a great opportunity to invest in a scheme that has proven returns. Part New Build Part Renovation historically flats 1 and 2 yielded 7.4% pa, without counting capital growth of the flats. The two apartments in phase 1 were let for 3 years each, they have now both been sold in Phase 1 of the are now looking to sell the other 7 apartments – Off Plan in Phase 2. There is interest in 1 flat which is amazing as the apartments are only due to be completed in September 2017. The percentage yield on remaining rentals will be between 4.7 to 14.4 charges depending on the size of the flat.I would like to invite you to an open day on 30th September 2017 between 11am-12pm. For further information, please contact Julie Brooks at Jack Harvey Estate Agents Ltd on , mobile or David Melrose on .

Property info

Market activity
Average price paid £256,742 Sales 452 Current average value £283,304 (Zoopla Zed-Index) Value change £4,880 ▲ 1.75%

Property value data/graphs for BA3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £399,727 £275 3.8 £364,136
Semi-detached £245,402 £233 3.1 £240,957
Terraced £202,696 £223 2.8 £204,455
Flats £147,369 £232 1.9 £129,992

Current asking prices in BA3

Average: £372,664
Avg. current asking prices in BA3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £212,715
(10)
£280,333
(38)
£402,863
(27)
£594,595
(19)
Flats £108,713
(7)
£160,995
(2)
£324,000
(3)
£354,000
(1)
-
All £108,713
(7)
£204,095
(12)
£283,528
(41)
£401,118
(28)
£594,595
(19)

Current asking rents in BA3

Average: £620 pcm
Avg. current asking prices in BA3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £539 pcm
(3)
£722 pcm
(3)
- - -
Flats £539 pcm
(3)
£650 pcm
(1)
- - -
All £539 pcm
(6)
£704 pcm
(4)
- - -

Fun facts for BA3

Highest value in BA3
Highest value streets Zed-Index
Stoke St. Michael £712,224
Litton, Radstock BA3 £690,775
Chewton Mendip, Radstock BA3 £668,674
Lower Street £591,420
Emborough £577,411
Highest turnover in BA3
Highest turnover streets Turnover
Railway View Place 63.6%
Lime Terrace 50.0%
Alder Terrace 45.0%
Westfield Terrace 45.0%
Chaffinch Drive 40.0%

What Zoopla users think of Midsomer Norton

Overall rating:

  • currently 3.5 stars
Good - 74% (27 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Midsomer Norton:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Oldfield Park (8.4 miles)
  • Frome (8.8 miles)
  • Bath Spa (8.9 miles)
  • Bristol Airport (12.0 miles)
  • Cardiff Airport (37.6 miles)
  • Bournemouth Airport (44.8 miles)
  • Temple Meads Station Ferry Landing (12.4 miles)
  • Prince Street Bridge Ferry Landing (12.4 miles)
  • Millennium Square Ferry Landing (12.4 miles)

Nearby schools

View all schools in Bath and North East Somerset
  • Longvernal Primary School (0.2 miles)
  • St John's CofE Primary School (0.4 miles)
  • Midsomer Norton Primary School (0.7 miles)
  • Frome Community College (8.3 miles)
  • Farleigh Further Education College - Frome (8.4 miles)
  • Bath College (8.9 miles)
  • Somervale School Specialist Media Arts College (0.4 miles)
  • Norton Hill Academy (0.6 miles)
  • Fosse Way School (1.0 mile)
Note: Distances are straight line measurements

Local info for Bath and North East Somerset

About the neighbours in BA3

AskMe Q&A for Bath and North East Somerset

Ask a question

See all AskMe Q&A in Bath and North East Somerset

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Jack Harvey Estate Agents, SM3 on +44 20 3544 6112 * (local rate)

Monthly running costs Beta

£360 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,099
Repayment term 25
Interest rate 1.5
Your payment £183 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £17 Electricity £27 Estimated energy cost £44/mo

Similar properties could save up to £157

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5000 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Bath and North East Somerset

Estimated tax band A Council tax cost £105 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £14 Sewerage £14 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Jack Harvey Estate Agents about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Jack Harvey Estate Agents, and do not constitute property particulars. Please contact Jack Harvey Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

12 more properties like this

View all Chilcompton Road new homes for sale