Top Taunton Areas for Buy-to-Let Investments

As the County Town of Somerset, Taunton is a thriving location for a buy-to-let property investment. The town offers a combination of great transport links, reputable primary and secondary schools and a tight knit community which makes it particularly desirable for applicants looking to rent.

For anyone thinking about getting on the ladder with a buy-to-let property, we have put together a guide to demonstrate the top areas that notoriously generate a consistent demand and subsequent strong returns for landlords.

Galmington

Galmington is one of Taunton’s most sought-after areas. A family favourite, it is well known for its peaceful streets, generous sized homes and proximity to popular schools such as Parkfield Primary School and Castle School.

The area offers brilliant amenities such as parks and local convenience stores and is only a stone’s throw away from Musgrove Park Hospital.

Monkton Heathfield

Monkton Heathfield is an evolving community, growing quickly through vast recent housing developments. The area offers low-maintenance, energy efficient, new build properties, that make them an attractive prospect for both tenants and landlords. Its proximity to the A38, also attracts commuters and professionals.

Blackbrook

Blackbrook is a thriving area of Taunton with easy access to Blackbrook Business Park and good transport links via the M5 for commuters. The area boasts great local amenities to include gyms, eateries and numerous retail outlets. Typically attracting young professionals, smaller two-bedroom properties are excellent an investment choice to cater to this market.

Staplegrove

Staplegrove comprises a great mix of older, more characteristic homes as well as several modern property developments. Being a short distance from Taunton Town Centre, and well connected by bus routes, Staplegrove appeals to numerous demographics from young professionals to families and retirees.

Taunton Town Centre

The County Town Centre is always a safe bet when it comes to property investments, thanks to its convenience and bustling atmosphere. The easy access to numerous retail outlets and businesses makes it an attractive offering to young professionals. Parking is also an additional bonus in this area!

Conclusion

Investing in a buy-to-let property in Taunton, can be a rewarding venture, offering a balance of affordability, steady rental demand, and good potential for capital growth. However, it's crucial to research the local market, understand landlord responsibilities, and evaluate financial implications, including mortgage rates and potential yields. By taking a well-informed and strategic approach, you can maximize your investment and enjoy the benefits of this charming and vibrant area - please get in touch if you need any personalised advise!