Adam Street, Burnham-on-Sea, Somerset
By Nest Associates Ltd
£ 550,000
Reviews
2 out of 5 stars
Nest Associates Ltd says ..
An exciting high-yield investment opportunity in a prime Burnham-on-Sea location. This versatile property comprises five separate, self-contained accommodations, all ‘ready to go’ and available to be sold with tenants in situ, providing immediate and reliable income potential.
Property Oracle says ..
This is a substantial property currently configured as a House of Multiple Occupation (HMO) located in Burnham-on-Sea. The property offers 8 bedrooms and 5 bathrooms. The location is central, with proximity to local schools and amenities. While some areas of the property have been modernised, other parts appear dated and would benefit from refurbishment. The rear garden is paved and requires some attention. The asking price of £550,000 seems high compared to average property prices in the area, but this reflects the property’s size and its use as an HMO. The lack of square footage data makes a precise valuation challenging.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 5
- Location
- 7
- Land
- 4
- Bedrooms
- 8
- Bathrooms
- 5
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 277,658.00 £Decreased by 1.13 %
- Average area rental value
- 942.00 £/moDecreased by 17.59 %
- Est rental Yield
- 4.07 %Decreased by 16.60 %
- Crime Rate
- 57.00 %Unchanged by 0.00 %
Agent Activity
Nest Associates Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Andrew'S Church Of England Voluntary Controlled Junior School | Voluntary Controlled School | Good | 0.20 KM |
| Burnham-On-Sea Building | Children's Centre Linked Site | 1.09 KM | |
| Burnham-On-Sea Community Infant School | Community School | Outstanding | 1.24 KM |
| The King Alfred School An Academy | Academy Sponsor Led | 1.66 KM | |
| Churchfield Church School | Academy Sponsor Led | Good | 2.49 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ham Lane | £ 243,333 | 0 | 0.00 KM |
| College Street | £ 134,975 | 0 | 0.00 KM |
| High Street | £ 365,000 | 0 | 0.00 KM |
| College Street | £ 164,950 | 0 | 0.00 KM |
| Old Station Approach | £ 364,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Highbridge And Burnham | 3314 | HIG | 3.24 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Adam Street, Burnham-on-Sea, Somerset | £ 550,000 | BUY | 5 / 10 | 0.00 KM |
| Burnham On Sea, Somerset, TA8 | £ 165,000 | BUY | 5 / 10 | 0.08 KM |
| Oxford Street, Burnham-On-Sea, Somerset, TA8 | £ 315,000 | BUY | 6 / 10 | 0.12 KM |
| Adam Street, Burnham-on-Sea, Somerset, TA8 | £ 150,000 | BUY | 5 / 10 | 0.14 KM |
| High Street, Burnham-on-Sea | £ 85,000 | BUY | 5 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 47 Adam Street | £ 69,500 | 0.00 KM |
| 39b Adam Street | £ 95,000 | 0.00 KM |
| 43 Adam Street | £ 63,000 | 0.00 KM |
| 57 Adam Street | £ 250,000 | 0.00 KM |
| 59 Adam Street | £ 180,000 | 0.00 KM |