Summerland Avenue, Minehead, Somerset, TA24

A substantial double bay fronted three story semi-detached period house situated in a convenient level location within walking distance of the town centre and sea front. The property is currently divided into three 2 and 1 bedroom apartments together with a potential bedsit and is offered for sale as an investment. The property is double glazed, partial electric heating and the rooms are generous with high ceilings and there is scope to upgrade and remodel the building.

The ground floor apartment is currently let on a 6 month shorthold tenancy at £750.00 pcm and in brief comprises; hall, sitting room, kitchen/diner, two bedrooms and a bathroom.

The first floor apartment is let on a 6 month shorthold tenancy at £750.00 pcm and in brief comprises; hall, sitting room, kitchen/diner, two bedrooms and bathroom. There is also a potential bedsit on the first floor which has a shower and plumbing in place for W.C and basin but does require renovation.

On the second floor is a further apartment currently vacant and in brief comprises; living room/kitchen, bedroom, bathroom, store room and eaves store.

To the front there is a small garden behind a low stone wall and to the rear is a garden area currently divided into sections and there is a detached garage and a parking space.

Based upon current rental values and after upgrading, potential monthly rental values are £850.00 for each two bedroom apartments, £650.00 for the second floor apartment and £400.00 for the bedsit giving a potential gross monthly income of £2,750.00.

LOCATION
Minehead has an excellent range of shopping, banking and schooling facilities together with bowling, tennis, golf and the beautiful Blenheim Gardens which still has the original bandstand. The old harbour and seafront are within 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.
From our office on Floyds Corner proceed down through the town towards the sea front and take the second right turn into Summerland road. Take the second left into Summerland Avenue and the property will be found shortly after the car park on the left hand side.