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For sale
£460,000

Peter Street, Taunton, Somerset, TA2 7BZ

5bedrooms
5bathrooms
Apartmenttype
Freeholdtenure

Listed 12 Apr 2025 · Taunton

How the price compares

This home£460,000
Median 5 bed in TA2£575k20 homes listed · £316 per sq ft
Difference-20%below the area median

Key features

  • Excellent investment opportunity
  • Converted into five one-bedroom flats
  • Potential annual rental income of £42,000
  • Attractive gross rental yield of approximately 9%
  • Walking distance to Taunton railway station
  • All flats EPC rated C, with individual utilities and allocated storage

About this home

This large Victorian terrace would be an ideal investment with the combined rent of the five flats you can expect an annual income of £42,000. This could offer an attractive gross rental yield of approximately 9%, presenting an appealing opportunity for investors seeking multiple rental income streams. The property is situated within walking distance of Taunton's main line railway giving access to all major cities and the direct train to London. The property has been split into five one bedroom flats set over three floors all the flats have their own gas fired central heating, water supply and electricity.

The accommodation is as follows,

Flat 1a ground floor one bedroom, bathroom lounge/kitchen. EPC C

Flat 1b first floor one bedroom, bathroom lounge/kitchen. EPC C

Flat 1c first floor one bedroom, bathroom lounge/kitchen. EPC C

Flat 1d second floor one bedroom, bathroom lounge/kitchen. EPC C

Flat 1d ground floor to the rear one bedroom, bathroom lounge/kitchen with its own entrance and access to the communal garden. EPC C

Each flat has an allocated storage unit situated at the rear of the building.

Outside and to the rear there is a communal area which can be accessed at the side of the property. There is on street parking available.

*Please note: Rental income and gross yield figures are approximate and subject to occupancy, rental market conditions and associated running costs.* From Taunton's town centre leave the town via Station Road, passing under the Railway Bridge. At the traffic lights take the right hand lane and turn onto Priorswood Road. At the next set of traffic lights turn left onto Cheddon Road take the third turning left and the property is the first one on the right hand side.

Property details

Property type
Apartment
Council tax band
TBC
Tenure
Freehold
Parking
Not allocated

Floorplan

Picture No. 24Picture No. 25

Location

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  • Taunton Station0.3 mi

What nearby homes sold for

Median sold prices in TA2 over the last 12 months: terraced £230k · semi-detached £273k · detached £400k · flat £136k.

AddressTypeSoldPrice
19 Peter Street
Taunton TA2 7BY
Semi-detached
Freehold
25 Jul 2025£320,000
20 Peter Street
Taunton TA2 7BY
Semi-detached
Freehold
25 Apr 2025£266,000
6 Peter Street
Taunton TA2 7BZ
Terraced
Freehold
17 Jan 2024£223,500

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in TA2

Buying costs

Monthly repayment£2,301£46,000 deposit · £414,000 loan
Stamp Duty£13,000England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Webbers Property Services, Taunton on Rightmove (original listing). First listed 12 Apr 2025; details checked 7 Nov 2026. Latest change: added on 05/09/2025.

Agent disclaimer

Disclaimer - Property reference TAU250020. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Webbers Property Services, Taunton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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