For Sale

The Edgecom Estates Portfolio, The Edgecom Estates Portfolio, Edgecom Portfolio, Yeovil and Crewkerne, BA20 1EP

  • Area 17,599 sq ft (1,635 sqm)
  • Sale Price £3,500,000

Highlights

  • 12 Freehold Houses
  • 11 in Yeovil and 1 in Crewkerne
  • 82 HMO rooms
  • Rental Income £333,092
  • Stable and well managed
  • 1 house let to BC HA
  • Sundry Income £2500 pa

Location

Yeovil is located within South Somerset. South Somerset enjoys a thriving, diverse economy. It
is home to world leading, hi-tech, aerospace, engineering and manufacturing businesses. There is also a strong agricultural sector which drives food and drink production and benefits from tourism for which the West Country is well known. The local economy is matched by the quality of life afforded by an outstanding rural environment including the World Heritage Jurassic Coast just to the south.
The Yeovil economy is underpinned by its specialism in the manufacturing sector, especially advanced engineering and manufacturing (AEM) and Rotorcraft. Related companies include Leonardo Helicopters, BAE, Boeing and GKN Aerospace. Yeovil is also home to Screwfix Direct Ltd and Bradford & Sons Ltd, both of whom have HQ buildings in the town. Yeovil has a population of circa 45,000 and serves a wide rural hinterland. The town has its own district Hospital and two mainline railway stations (North/South and East/West).

Description

The portfolio comprises 12 furnished houses configured as Houses of Multiple Occupation (HMO) providing a total of 82 individual letting rooms. The properties are all located in Yeovil save for one in Crewkerne. All of the properties benefit from gardens and several with off street private parking. The majority of the properties are configured to provide 6/7 bedroom HMOs in terraced / semi-detached houses dating from the turn of the 19th Century.
Each property provides communal kitchens and the majority of the WC/ Shower facilities are shared apart from at 61a Preston Road which also benefits from four rooms which also include en-suite shower rooms.

Viewing

By appointment with Chesters Harcourt

Back To Top