Summary - 4A STAPLEGROVE ROAD TAUNTON TA1 1DQ
4 bed 2 bath Block of Apartments
Two self-contained flats with immediate rental income and refurbishment upside close to station.
• Two separate flats: 1‑bed ground floor and 3‑bed maisonette
• Current rents: approx £850pcm (maisonette), £570pcm (ground floor)
• Freehold, immediate income, no onward chain
• Town centre location near shops and train station
• Enclosed gravel garden and maisonette balcony/patio
• Requires modernisation; refurbishment potential to increase rent
• Limited external space and on‑street parking only
• Medium flood risk and local crime rates high
A substantial mid‑terraced Victorian building on Staplegrove Road, arranged as a ground‑floor one‑bed flat and an upper three‑bed maisonette. Both units are separately accessed, gas centrally heated and currently let — the maisonette at approximately £850pcm and the ground floor flat at approximately £570pcm — offering immediate rental income for an investor or landlord.
The flats have independent sitting rooms, kitchens and bathrooms, with the maisonette providing a balcony/patio and the ground floor flat an enclosed gravel garden. Room sizes are average for an urban property and the layout gives flexible future uses (continued two-unit let, single family conversion, or HMO potential subject to consent).
Key positives include town‑centre location close to shops and the train station, separate tenancies producing immediate cashflow, and no onward chain. Notable issues: the building requires modernisation throughout to achieve higher rents or to reposition the asset; local crime rates are high and flood risk is medium — both factors to weigh when setting rents or insurance. There is limited private external amenity and on‑street parking only.
This is a straightforward buy for an investor seeking a town‑centre freehold with existing tenants and scope to add value through refurbishment, management optimisation, or reconfiguration (planning/consents may be needed). Buyers should budget for refurbishment works and verify insurances, HMO/alteration consents and local lettings demand before purchase.
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