Summary - The Terrace, Bircham Road, Minehead, Somerset, TA24 TA24 6BG
5 bed 5 bath Block of Apartments
**Standout Features:**
- **Investment Opportunity:** 5 fully let, 1-bedroom flats generating approx. £2,959/month, potential to increase to £3,400/month.
- **Building Style:** Attractive 4-story Victorian terraced property with traditional Georgian charm.
- **Modern Utilities:** Equipped with solar panels and an air source heat pump for efficient heating.
- **Outdoor Space:** Average-sized garden area enhancing the property's appeal.
- **Soft Risks:** Very low flood risk from surface water and groundwater.
**Summary:**
Discover a remarkable investment opportunity with this Victorian terraced building transformed into five charming flats, each comprising a comfortable sitting room, kitchen, and bath or shower room. Nestled in a communal setting, the property not only promises steady rental income but carries potential for market growth. The well-presented flats currently enjoy full occupancy, with utilities featuring solar panels and an energy-efficient air source heat pump, ensuring lower operational costs.
While positioned in a vibrant area conducive to primary sector workers and retirees, the surroundings offer a mix of essential amenities, including local shops and leisure facilities. The average crime rate, combined with increasing rental potential, makes this a compelling choice for both seasoned investors and first-time buyers looking for a smart financial decision.
Don't miss your chance to own this unique property, perfectly balancing historical charm with contemporary conveniences. Act now to seize this exclusive opportunity before it’s gone!
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