Adam Street, Burnham-on-Sea, Somerset
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
8
- BATHROOMS
5
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Agent ID Code: 4500
- 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
Description
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 TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Terrace
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Adam Street, Burnham-on-Sea, Somerset
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Visit our security centre to find out moreDisclaimer - Property reference VRL-2161557. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nest Associates Ltd, National. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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