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.


LOCATION
Minehead has a good range of shopping, banking and schooling facilities together with bowling, tennis, golf and the beautiful Blenheim Gardens.
The old harbour and seafront are within half a mile and the county town of Taunton which has mainline rail connections and access to the motorway network is approximately twenty five miles to the east. For those who enjoy exploring the countryside Minehead is often referred to as the Gateway to the Exmoor National Park and the many renowned places of interest are all within motoring distance.

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.