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Investment opportunity for sale in Taunton

54, 56 & 58 , Trull Road, Taunton, Somerset, TA1 4QL
For sale
£1,950,000 Guide Price
greenslade-taylor-hunt
This property is marketed by:
Greenslade Taylor Hunt

Features

  • Sought after residential location close to town centre and local amenities.
  • 15 well appointed, studio, one bed and two bed flats.
  • Quality fixtures and fittings, double glazing throughout and off street parking.
  • Impressive views to rear, three flats with gardens.

Description

The property comprises three adjacent former Victorian townhouses arranged over lower ground, ground, first and second floors that have been converted into 15 studio, 1 bedroomed and 2 bedroomed flats. The three lower ground floor 2 bedroomed flats have their own front door and rear gardens. Flat 6 within No.56 Trull Road similarly has its own front door whilst the remaining flats are accessed via No.'s 54 & 58.

Each flat has been upgraded in recent years and are well appointed, benefitting from double glazed windows, electric heating, quality kitchen and bathroom fittings and fitted floor coverings.

The buildings are set back from the road to the front benefitting from a paved yard providing parking for 9 vehicles, whilst the properties also have rear access via a private road around the side and back of the property.

Sought after residential location close to town centre and local amenities.

15 well appointed, studio, one bed and two bed flats.

Quality fixtures and fittings, double glazing throughout and off street parking.

Impressive views to rear, three flats with gardens.

Fully let with a gross income of £138,960 pa.

Five flats reversionary, four this year and one in February 2024. Estimated market rent £148,500 pa.

Available freehold subject to Assured Shorthold Tenancies at a guide price of £2,100,000.


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