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Investment for sale in Belvedere Road, Taunton, Somerset, TA1

Guide price £250,000

  • Investment
  • Investment
  • Freehold

48 Belvedere Road is located in Taunton town centre near to Taunton Deane Borough Council and the new police station.

The railway station is within walking distance which is currently being refurbished along with the development at Firepool. The Mid terraced property has been in the clients ownership for over 20 years and are looking to sell due to retirement.

The HMO rooms are all let on assured shorthold tenancies and currently the gross income is £26,000 per annum. The rates are £90 for a single person without an en-suite. £100 for a single person with an en-suite facility per week and for 2 people sharing £120 per week with an en-suite facility.

Each of the rooms have their own electric card meters meaning that the landlord only pays for the electricity in the communal areas. The premises has a fire alarm system and is approved by the local housing officer as a HMO and together have 5 rooms with 8 people. All of the rooms come with fridge/freezers and have access to the communal kitchen area on the ground floor of the building.

All measurements approximate.

Ground floor:-
Bedroom 1 3.98m x 3.02m (13’0 x 9’11)
Bedroom 2 4.36m x 3.65 (14’4 x 11’11) with pedestal wash hand basin.
Kitchen 4.74m x 2.76m (15’6 x 9’0) with a range of wall and base cupboards, electric cookers, microwave, automatic washing machine and breakfast bar. Stainless steel sink unit. Wall mounted boiler.
Utility room 2.76m x 1.91m (9’0 x 6’2) with a range of cupboards. Stainless steel sink unit. Coin operated tumble dryer. Washing machine. Additional fridge.
Former shower room

First floor:-
Office 2.91m x 2.25m (9’6 x 7’4)
Shower room white suite of closed coupled WC, pedestal wash hand basin and double shower cubicle.
Bedroom 3 4.44m x 3.64 (14’6 x 11’11) plus en-suite shower.
Bedroom 4 3.98m x 3.03m (13’0 x 9’11) plus pedestal wash hand basin.

Second floor:-
Bedroom 5 4.53m x 4.02m (14’10 x 13’1) plus en-suite shower room.

The freehold interest in the property is available at a guide price of £250,000 subject to the current assured shorthold tenancies within the buildings.

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