5 Bed HMO, Taunton, TA1 1QQ, £215,000

Winchester Street, Taunton, TA1 1QQ - 5 views - 2 years ago

HMO
ROI: 25%
~95 m²
+10 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£11,950

Total Cash In

£65,700

 

 

Cash Out

 

Room Rate

£659

Gross Rent

£3,295

Running Costs/mo

£1,909

Cashflow/mo

£1,386

Cashflow/yr

£16,632

ROI

25%

Gross Yield

18%













Property History

Listed for £215,000

March 27, 2023

Floor Plans

Description

  • Investors/ Landlords Only +
  • Five Bedrooms +
  • Central Location +
  • Huge Potential +
  • Driveway Parking +

SUMMARY
This property is a fantastic opportunity for investors looking for a five bedroom HMO with 4 rooms currently occupied in the heart of Taunton!

DESCRIPTION
This Victorian Terrace currently comprises of five bedrooms spread over two floors, two of which can be utilised as ground floor reception rooms.The property also has a downstairs w/c and bathroom.

Winchester Street is located in the heart of Taunton just a stone throws away from town centre.

Externally the property offers driveway parking to the rear.

Call us now to book a viewing !

Agents Note
This property has an offer accepted subject to contract but is still currently available to view.

Entrance 

Entrance Hall 

Bedroom Two 13' 6" x 10' 8" ( 4.11m x 3.25m )

Bedroom Three 12' 3" x 8' 5" ( 3.73m x 2.57m )

Kitchen 12' 1" x 8' 3" ( 3.68m x 2.51m )

Utility 

Shower Room 

W C 

First Floor Landing 

Bedroom One 

Bedroom Four 12' 3" x 8' 6" ( 3.73m x 2.59m )

Bedroom Five 14' 3" x 11' 9" ( 4.34m x 3.58m )

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Fox & Sons, Taunton

01823 211790

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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