Licensed HMO for sale in Taunton

This property is marketed by:
Greenslade Taylor Hunt

Key features

• A licensed 6 bed HMO in town centre location.  
• Refurbished to a high specification in 2022.
• Current gross income of £56,640 per annum.
• Total room areas of 1,100 sq ft.
• Freehold available from offers in excess of £600,000. 

Refurbished in 2022, a mid-terrace licenced HMO in a town centre location with rear yard. The property consists of 6 bedrooms currently let on Assured Shorthold Tenancies. Each room has its own ensuite shower room, WC and sink along with an area for preparing a meal.#

The ground floor consists of three ensuite rooms, communal kitchen with access to rear yard. There is a central hallway providing access to the basement, where utility room and hot water tank are located. The first floor contains three further ensuite rooms located off the central hallway.

Location

The property is located within the town centre of Taunton on Magdalene Street, one of the main streets leading to the town centre via Hammet Street. Taunton, the county town of Somerset, serves as both the regional and administrative centre for the county. It is also a major tourist hub in the South West at the gateway to Devon, Cornwall, Exmoor National Park and is the home of the Somerset County Cricket Club. Taunton has a district population of 110,200 and a primary catchment of 338,000. It benefits from excellent transport links being 1 mile West of Junction 25 of the M5 Motorway and within 36 miles of Exeter and 49 miles of Bristol, whilst its mainline railway station provides a regular service to London Paddington within 1 hour 50 minutes as well as links to the National Rail Network.