Glenmore Road, Minehead, TA24

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.

The property is currently let on an assured 6 month shorthold tenancy at a monthly rent of £655 producing a yield of just over 6% p.a.


SERVICES
Mains water, drainage, electric and gas

TENURE
Leasehold

COUNCIL TAX
A

RENTAL INCOME
Based 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). This is a guide only and should not be relied upon for mortgage or finance purposes. Rental values can change and a formal valuation will be required to provide a precise market appraisal. Purchasers should be aware that any property let out must currently achieve a minimum band E on the EPC rating. Please refer to your solicitors as the legal position may change at any time.