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

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
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The Cottage
Flat 2
Flat 4
Flat 3
Flat 1

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