5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Queen Street, Taunton - investment opportunity
£300,000

Price History

Initial price £325,000
17/07/24 £300,000
Price Change -7.69%

Description

This substantial Victorian house has been converted into five lettable rooms, all currently occupied by tenants. The property features a self-contained ground floor flat, Flat 1A, which generates £750 per month in rent, and Flat 2A, which earns £600 per month. The remaining three rooms, located on the first and top floors, are shared and generate a combined income of £1,360 per month. The property has a communal hallway and shared kitchen and shower facilities, as well as a small courtyard and store/bike shed. The current outgoings for gas and electricity are £665 per month, and the council tax is £4,050 per annum. The property is freehold and is currently achieving a total monthly income of £2,750.