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Investment

Investment For Sale Minehead

PROPERTY ID: 137207

PROPERTY TYPE

Investment

STATUS

Available

SIZE

0 sq.ft

Key Features

A licensed house of multiple occupation with 8 letting rooms.
3 rooms with en-suite showers and WCs, 2 with en-suite showers, communal shower room and 2 WCs.
Good sized communal kitchen with dining area, separate utility room, paved rear garden and parking to the front.
Gross income of £50,700 per annum with full occupancy.
Freehold available. Guide price £450,000, reflecting a yield of 10.88% after deducting purchaser's costs.

Property Details

Description A Sizeable, Well-maintained Semi Detached Former Victorian House Of Multiple Occupation Arranged Over Ground, First And Second Floors. The Premises Have Recently Been Modernised Throughout, Providing 2 Letting Rooms, A Spacious Reception Hall, A Good Sized Modern Kitchen With Dining Area, And A Utility Room With Separate Wc On The Ground Floor. At First Floor Level There Are 4 Further Letting Rooms, 3 Of Which Have En-suite Shower And Wc Facilities, And A Separate Communal Shower Room With Wc. At Second Floor Level There Are 2 Further Bedrooms With Ensuite Showers, A Separate Wc And A Store Cupboard. Externally There Is A Good Sized Car Parking Area To The Front Suitable For Approximately 5 Vehicles And A Paved Courtyard To The Rear Providing Additional Amenity Space For Residents. A Licensed House Of Multiple Occupation With 8 Letting Rooms. 3 Rooms With En-suite Showers And Wcs, 2 With En-suite Showers, Communal Shower Room And 2 Wcs. Good Sized Communal Kitchen With Dining Area, Separate Utility Room, Paved Rear Garden And Parking To The Front. Gross Income Of £50,700 Per Annum With Full Occupancy. Freehold Available. Guide Price £450,000, Reflecting A Yield Of 10.88% After Deducting Purchaser's Costs.

About the Agent

Greenslade Taylor Hunt

See Agent's Other Properties

Investment Unit

£450,000 Freehold

10 Townsend Road, Minehead, TA24 5RG
Investment - Available
0 sq ft
0 sqm
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