Summary - 11, PETER STREET TA2 7BZ
5 bed 5 bath Apartment
Ready-made small portfolio near Taunton station with communal garden.
Five one-bedroom flats over three floors, each self-contained with services
A five-flat Victorian mid-terrace arranged over three storeys, offered freehold and configured as individual one-bedroom units. Each flat has its own gas-fired boiler, EPC C rating and allocated external storage; the building sits close to Taunton rail station and local amenities.
The property is presented as a ready-made small portfolio with an expected combined rental income of approximately £42,000 pa. Communal rear garden and on-street parking add tenant appeal, while fast broadband and average local services support lettings for commuters and working professionals.
Buyers should note the building’s solid brick construction (likely uninsulated wall fabric) and Victorian-era origins, which can mean higher maintenance and retrofit costs. Flats are compact overall and the freehold requires ongoing management for lettings, repairs and communal areas. The location and income profile suit an investor seeking immediate cashflow with scope for energy-efficiency improvements to enhance returns.
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