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£1,500,000

Taunton

Bedrooms

13

Bathrooms

14

Size

430 m²

Property Type: other

Tenure: Freehold

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George Bailey

George Bailey

01823 697704

About the Property

  • Substantial 11 bedroom HMO investment opportunity
  • Originally a care home with extensive accommodation 
  • Two self-contained one-bedroom flats on the first floor
  • Multiple communal areas including living & dining spaces
  • Approximate total floor area of 4,628 sq.ft.
  • Generous plot of around 1.6 acres with 
  • Ample on-site parking for residents and visitors
  • Significant scope for further development or reconfiguration (planning permission granted)
This impressive and versatile property represents a rare opportunity to acquire a large-scale HMO investment with considerable future potential. Formerly operating as a care home, the building has been thoughtfully adapted to provide a high-yielding house of multiple occupation, while retaining a layout that offers flexibility for alternative uses or further development and expansion. The ground floor extends to a substantial footprint and comprises 11 individual bedrooms, supported by a range of communal facilities including spacious living areas, dining rooms, storage options and kitchen. The layout is practical and well-suited to shared living, with ensuite facilities to all bedrooms and some with private courtyards. George Loves - "The sheer scale and versatility of this property really stand out. With a substantial footprint, multiple income streams already in place, and a large surrounding plot, it offers not just a strong existing investment but genuine scope to add value through development, reconfiguration, or expansion over time." On the first floor, the property benefits from two self-contained one-bedroom flats, each with its own kitchen and shower room. These provide an excellent opportunity for additional rental income or could be utilised for on-site management or short-term letting, depending on an investor’s strategy. Externally, the property sits within an expansive plot of approximately 1.6 acres, offering ample parking and generous outdoor space. The size of the site presents clear potential for further development or extension, subject to the necessary consents, making this an appealing proposition for investors seeking both immediate return and long-term growth. Owners Love - "The flexibility the property provides day-to-day has been invaluable, from the mix of room types to the inclusion of self-contained flats. The generous outside space and parking have also been a real benefit, making it practical and appealing for our residents while offering plenty of future possibilities.” Planning permission was granted in 2008 by Somerset West and Taunton Council (Ref: 24/07/0053) for extensions and alterations to provide an additional 15 bedrooms along with parking for 16 vehicles. This clearly demonstrates the site’s capacity to accommodate a significantly larger scheme. For prospective purchasers, this provides a strong indication of the development potential on offer, and enhances the long-term investment appeal of the property. Tenure - Freehold. Council Tax - Band D. Heating - Oil. Water - Mains Supply. Electric - Mains Supply. Drainage - Sceptic Tank. EPC - D. Internet - Satellite.

Council Tax

D

Parking

Yes

Garden

Yes

Accessibility

Yes

Wrantage, Taunton, Somerset floor plan

Utility Supply

ElectricMains Supply
WaterMains Supply
HeatingAsk Agent
BroadbandFibre to Premises
SewerageSeptic Tank

Rights and Restrictions

Rights of WayNo
RestrictionsNo
Listed PropertyNo

Risks

Has Flooded in Last 5 YearsNo
Has Flood DefensesNo
Energy Efficiency Rating
Very energy efficient - lower running costsCurrentPotential
(92+)A
(81-91)B
(69-80)C
80
(55-68)D
65
(39-54)E
(21-38)F
(1-20)G
Not energy efficient - higher running costs

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