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8 bedroom house of multiple occupation for sale
Adam Street, Burnham-on-Sea, Somerset
£550,000
Adam Street, Burnham-on-Sea, Somerset
£550,000
Our Summary
- An exciting high-yield investment opportunity in a prime Burnham-on-Sea location
- This versatile property comprises five separate, self-contained accommodations, all ‘ready to go’ and available to be sold with tenants in situ, offering immediate income potential
- Exciting And Unique Investment Opportunity
Description
This Victorian terraced property in Burnham-on-Sea offers an exciting investment opportunity, comprising five self-contained residential units, including two one-bedroom apartments, one one-bedroom maisonette, one two-bedroom maisonette, and one three-bedroom cottage. The property has been well-maintained and converted into individual units, each with separate water, gas, and electricity supplies, providing straightforward management and long-term investment security. With a circa 10% yield, the property presents an ideal acquisition for investors seeking a strong return, with the option to purchase with tenants in situ and benefit from an established rental setup from day one. The property is situated just a one-minute walk from Burnham-on-Sea town centre, with convenient access to shops, cafes, transport links, and local amenities. With a communal courtyard to the rear and a garage and shared carport, this is a rare opportunity to secure a high-performing, centrally located investment property with strong rental demand and excellent returns.