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2 bedroom apartment for sale
Glenmore Road, Minehead, TA24
£130,000
Glenmore Road, Minehead, TA24
£130,000
Our Summary
- An investment opportunity to acquire a gas centrally heated two bedroom first and second floor maisonette with the benefit of having a private entrance and off road parking
- SERVICESMains water, drainage, electric and gas,TENURELeasehold COUNCIL TAXARENTAL INCOMEBased on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income in the region of £750 subject to any necessary works and legal requirements (correct at November 2023)
Description
This is an investment opportunity to purchase a two-bedroom maisonette in Minehead, Somerset, which is currently let on a 6-month shorthold tenancy at a monthly rent of £655. The property benefits from a private entrance and off-road parking, and is located near a range of shops, schools, and amenities. The town has a strong connection to the Exmoor National Park and is within driving distance of the county town of Taunton, which has mainline rail connections. The property is leasehold and the suggested achievable gross monthly rental income is £750, subject to any necessary works and legal requirements. The property's EPC rating is currently not disclosed, but it is a requirement that any let property achieve a minimum band E rating.