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Property for sale The Parks, Minehead, TA24

Asking Price

£330,000

Added on 09/10/2026

Bedrooms: Studio
Bathrooms: 0
Tenure: Ask agent

Council tax Band B £1,992 a year

Key features

Mixed commercial/residential property
Fully tenanted - Ground floor retail unit, five bedsits and one apartment
Retail Unit: 566 sq ft of retail space, 234 sq ft of storage, plus a staff cloakroom
Total gross income: Approximately £43,800 per annum
Lease details available upon request with landlord’s permission
Promises a lucrative investment with steady income potential

About this property

LOCATION

Eye catching location fronting onto the main eastern approach road into the town centre with a good frontage and window display. Minehead is often referred to as the 'Gateway to Exmoor National Park' and has a population of about 12,000 which is boosted throughout the year with the influx of tourists who enjoy the beaches and staying at Butlin's Holiday Resort. It has a wonderful long flat sandy beach, a charming harbour, a bustling town with independent shops and cafes and heritage attractions. Just a short stroll from the seafront you'll find Blenheim Gardens, Minehead's largest park.

Floorplan

Council tax

Band B £1,992 a year

Per year

Band A

£1,707
Band B

This home: £1,992
Band C

£2,276
Band D

£2,561
Band E

£3,130
Band F

£3,699
Band G

£4,268
Band H

£5,121

This home is in band B, which costs £1,992 a year in Somerset for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Somerset, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

The Parks, Minehead, TA24

Open map Street View

Mortgage and stamp duty

Property price £330,000

£165k £495k

Deposit10% £33,000

£0 £330k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £297,000 mortgage. Most lenders would want a household income of about £66,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
3b, The Parks Detached	Detached	Apr 2023	1,249 sq ft £272/sq ft	1,249 sq ft	£272	£340,000
5a, The Parks Flat / maisonette	Flat / maisonette	Jan 2007	549 sq ft £142/sq ft	549 sq ft	£142	£78,000
Lynton House, The Parks Detached	Detached	Oct 2003	n/a	n/a	n/a	£185,000
5a, The Parks Flat / maisonette	Flat / maisonette	Oct 1999	549 sq ft £62/sq ft	549 sq ft	£62	£34,000
7, The Parks Terraced	Terraced	Sept 1995	n/a	n/a	n/a	£29,000