The Parks, Minehead
FO

The Parks, Minehead

By Fox & Sons

£ 465,000

Reviews

2 out of 5 stars

Fox & Sons says ..

Situated within walking distance of Minehead town centre & its amenities is this Grade II Listed end of terrace period property currently being run as a six bedroom self-catering hostel incorporating two bedroom owners accommodation to the ground floor with garden & off road parking.

Property Oracle says ..

This Grade II listed end-of-terrace property in Minehead, Somerset, is currently operating as a six-bedroom self-catering hostel with additional owner’s accommodation. Its location in The Parks offers convenient access to Minehead town centre and benefits from the presence of several well-regarded schools nearby, making it potentially attractive to families or investors.

The property’s exterior appears well-maintained, typical of a building of its character. However, the interior images reveal a need for modernisation. Furnishings are dated, and several rooms could benefit from cosmetic updates. While the property’s layout appears functional, the overall presentation could be significantly improved.

The property has limited outside space; a relatively small garden and off-street parking area. The lack of extensive grounds may not appeal to all buyers, particularly those seeking larger garden spaces.

The list price should be considered within the context of the market. While other properties in the nearby area are listed at similar prices, these may not reflect the same condition or features. A thorough professional valuation would be recommended to provide a more precise market value assessment, and any interested parties should consider necessary renovations and their associated costs. The property’s current condition, in contrast to its listed price, suggests that some negotiation may be possible depending on the condition of the property following repairs.

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
3
Bedrooms
8
Bathrooms
7
Sqft (est)
1,943.00

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
277,751.00 £
Decreased by 18.45 %
from 340,591.00 £
Est sale value
569,299.00 £
Decreased by 33.71 %
from 858,806.00 £
Average area rental value
695.00 £/mo
Decreased by 16.57 %
from 833.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,943.00 £/mo
Est rental Yield
3.00 %
Increased by 2.39 %
from 2.93 %
Crime Rate
21.00 %
Unchanged by 0.00 %
from 21.00 %

Agent Activity

  • Fox & Sons created the listing.

Nearby Schools

NameTypeOfstedDistance
St Michael'S Church Of England First SchoolAcademy Sponsor LedGood0.12 KM
Foxes AcademySpecial Post 16 InstitutionOutstanding0.44 KM
Minehead First SchoolAcademy ConverterRequires improvement0.60 KM
Minehead Middle SchoolAcademy ConverterGood1.26 KM
West Coast & ExmoorChildren's Centre2.00 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Post Office Lane £ 147,50000.00 KM
Middle Street £ 285,00000.00 KM
Wellington Square £ 000.00 KM
Church Street £ 531,99000.00 KM
Kensington Grove £ 350,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Parks, Minehead £ 130,000BUY6 / 100.00 KM
The Parks, Minehead £ 140,000BUY7 / 100.00 KM
The Parks, Minehead £ 250,000BUY6 / 100.00 KM
The Parks, Minehead, TA24 £ 645,000BUY7 / 100.02 KM
Tythings Terrace, Minehead £ 285,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
8 The Parks £ 320,0000.00 KM
Mentone Villa £ 275,0000.00 KM
14 The Parks £ 80,0000.00 KM
14a The Parks £ 120,0000.00 KM
14b The Parks £ 74,5000.00 KM