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Mixed use for sale
Minehead TA24
£775,000
Minehead TA24
£775,000
Price History
Initial price | £795,000 |
02/10/24 | £775,000 |
Price Change | -2.52% |
Description
This property is a charming cottage with a unique feature of having a converted Victorian building next door, which has been converted into five separate flats. The main cottage has a spacious entrance hall, a modern kitchen/dining room with a belfast sink and range cooker, and a cozy sitting room with a conservatory. The first floor has a family shower room and two bedrooms, including a large master bedroom with a luxury spa bath. The property also benefits from a low-maintenance patio garden with a raised deck area. The five flats in the converted Victorian building are fully let, currently generating an income of around £2,725 per month, which could be increased to approximately £3,400 per month depending on market conditions. The property has a range of amenities, including mains electric, water, drainage, and gas, as well as solar voltaic panels and underfloor heating. Additionally, the property has good mobile coverage and broadband speeds, and is located in a low-risk flood area.