Sponsored Get a Survey — free quotes via ReallyMoving
13 bed property
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Check the property matches the approved plans — compare up to 5 quotes
Our Summary
- Substantial 11 bedroom HMO investment opportunity
- Significant scope for further development or reconfiguration (planning permission granted)
- This impressive and versatile property represents a rare opportunity to acquire a large-scale HMO investment with considerable future potential
- With a substantial footprint, multiple income streams already in place, and a large surrounding plot, it offers not just a strong existing investment but genuine scope to add value through development, reconfiguration, or expansion over time
- The size of the site presents clear potential for further development or extension, subject to the necessary consents, making this an appealing proposition for investors seeking both immediate return and long-term growth
- ” Planning permission was granted in 2008 by Somerset West and Taunton Council (Ref: 24/07/0053) for extensions and alterations to provide an additional 15 bedrooms along with parking for 16 vehicles
- For prospective purchasers, this provides a strong indication of the development potential on offer, and enhances the long-term investment appeal of the property
Get alerted when similar properties are listed — Subscribe
Description
The property is a large-scale HMO investment with a substantial footprint on the ground floor, featuring 11 individual bedrooms with ensuite facilities, communal areas, storage options, and kitchen spaces. The first floor has two self-contained one-bedroom flats with individual kitchens and shower rooms. The property sits on a 1.6-acre plot, offering ample parking, outdoor space, and potential for further development or expansion.
The building retains a high-yielding layout and has a freehold tenure, with planning permission granted for extensions and alterations in 2008.