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Holloway Street, Minehead

South West

£450,000
Listed on 14/09/2025

Property Details

Bedrooms
8
Type
Terraced house

Description

This freehold mixed-use property presents a unique investment opportunity in the heart of Minehead. The site currently features a fully refurbished restaurant, which is generating immediate rental income with a long-term tenant secured. Over the last decade, significant improvements have been made to the building's roof, with final enhancements expected by June 2024. The residential component includes five flats on the upper floors, each offering substantial potential for renovation and rental income. The first floor contains one 2-bedroom flat and a studio flat, while the second floor holds two 1-bedroom flats. The third floor accommodates a spacious 3-bedroom flat. Given its strategic location and mixed-use capabilities, this property could significantly increase in value through targeted refurbishment of the residential units, allowing for additional income generation. For more details or inquiries, please reach out to the listing agents.

Investment Analysis

(TA24 area)
Area Average
£292/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TA24)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -3.3%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on TA24 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Holloway Street, Minehead
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE