Under Offer

Asking price

£100,000

Friday Street, Minehead, Somerset, TA24

1 bedroom apartment for sale

First Floor Apartment, No Garden

1 Bedrooms

1 Bathrooms

1 Receptions

Key Features

  • Investment opportunity
  • Yield 4.8 %
  • First floor apartment
  • Attractive building
  • Let on 6 month SHT
  • Close to town centre
  • Living room with kitchenette
  • Double bedroom
  • Bathroom
  • Electric heating
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Kevin Prescott

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Property Description

INVESTMENT OPPORTUNITY
A 1 bedroom first floor apartment forming part of an attractive period building close to the town centre currently let and producing a yield of 4.8% p.a. EPC-E building divided into three self-contained apartments with two ground floor lock up shop premises. The apartment is currently let on a 6 month short hold tenancy agreement at £475 pcm producing a yield of 5.7 %.

The accommodation, which has electric heating in brief comprises; Communal entrance hall and staircase to first floor, private hall, triple aspect living room with feature fireplace and kitchenette along one wall, double bedroom and bathroom with shower over the bath.

Minehead has a good range of shopping and banking facilities together with bowling, tennis, golf, the beautiful Blenheim Gardens which still has the original bandstand and the sea front and old harbour. The county town of Taunton with mainline rail connections and access to the motorway network is approximately twenty five miles to the east and for those who enjoy exploring the countryside Minehead is often referred to as "The gateway to the Exmoor National Park" and the many places of interest are all within motoring distance.

TENURE
Leasehold.

SERVICES
Mains water, drainage and electricity.

Key Information

Tenure:

Leasehold

Council Tax:

A

EPC:

E

Services:

mains water, drainage and electricity

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