Front

£550,000

Burnham-on-Sea

Bedrooms

8

Bathrooms

5

Size

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Property Type: flat

Tenure: Freehold

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Ellie Wills

Ellie Wills

01278 614500

About the Property

  • Exciting And Unique Investment Opportunity
  • Five Separate Accommodations
  • Offering an Impressive Circa 10% Yield
  • Can Be Sold With Tenants In-Situ
  • Communal Courtyard
  • Garage And Communal Carport
  • Excellent Location
An exciting high-yield investment opportunity in a prime Burnham-on-Sea location. This versatile property comprises five separate, self-contained accommodations, all ‘ready to go’ and available to be sold with tenants in situ, offering immediate income potential. This exceptional Victorian terraced property has been well-maintained and thoughtfully converted into five self-contained residential units. Offering an impressive circa 10% yield, the property presents an ideal acquisition for investors seeking a strong return, with the option to purchase with tenants in situ and benefit from an established rental setup from day one. The accommodation is arranged as follows: Two One-bedroom Apartments - One One-bedroom Maisonette - One Two-bedroom Maisonette - One Three-bedroom Cottage The property is well-presented throughout, with four of the five units benefiting from brand-new boilers, and each accommodation has separate water, gas, and electricity supplies - ideal for straightforward management and long-term investment security. Externally, the property features a communal courtyard to the rear, providing residents with an area to enjoy, as well as a garage and shared carport offering practical storage and bin facilities. There is convenient access from both the front and rear of the building. Situated in an outstanding position just a one-minute walk from Burnham-on-Sea town centre, the property is perfectly placed for shops, cafés, transport links, and local amenities. On-street parking is available, with an additional car park directly opposite, where permit parking can be obtained. This is a rare opportunity to secure a high-performing, centrally located investment property with strong rental demand and excellent returns. Contact me today for further details. Viewings are highly recommended. Tenure: Freehold. Council Tax: Band A. Gas: Mains. Water: Mains Supply. Electric: Mains Supply. Drainage: Mains Supply. Flat 1 - EPC Rating D - Flat 2 - EPC Rating C - Flat 3 - EPC Rating D - Flat 4 - EPC Rating D - The Cottage - EPC Rating D

Council Tax

A

Parking

Yes

Garden

Yes

Accessibility

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Adam Street, Burnham-on-Sea, Somerset floor plan

Utility Supply

ElectricMains Supply
WaterMains Supply
HeatingElectric Heating, Gas Central Heating
BroadbandFibre to Premises
SewerageMains Supply

Rights and Restrictions

Rights of WayAsk Agent
RestrictionsAsk Agent
Listed PropertyAsk Agent

Risks

Has Flooded in Last 5 YearsAsk Agent
Has Flood DefensesAsk Agent

EPC not available

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