A substantial 4 storey semi detached house (2,852 sq.ft. - source EPC) currently arranged as 6 bedroom HMO with additional 2 bedroom flat - development potential

Description/Location

Located in one of Taunton's most sought-after roads, this imposing semi-detached house offers 6 HMO letting rooms along with a 2-bedroom self-contained flat, licensed until 26/10/2026 (Council ref M/053836). Large mature garden to the rear and a good size car park and garden area to the front. Current rent £17,472 per annum. Potential rent £43,896 per annum. Potential to extend/develop further/change to a family home, subject to any necessary consents.

Tenure

Freehold
EPC rating F

Local Authority

Somerset County Council

Viewing

Please contact Charles Darrow Network Auctions on 01305 302222.

Accommodation

Attic flat: Current rent £568 per calendar month, start date of tenancy 10/08/2003 First floor flat: Current rent £412 per calendar month, start date of tenancy 06/08/2018 First floor flat: Current rent £476 per calendar month, start date of tenancy 30/10/2013

Rent

Current rent £17,472 per annum Potential rent £43,896 per annum

Virtual Tour

Virtual Tour 95 South Road

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Legal documents

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.