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Available immediately

Guide price

£450,000

Property for sale

Townsend Road, Minehead, Somerset TA24

Guide price

£450,000

Property for sale
Townsend Road, Minehead, Somerset TA24

    Available immediately
    Added on 04/03/2025

    About this property

    • 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.

    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.

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