diff --git a/packages/parse5/lib/serializer/index.test.ts b/packages/parse5/lib/serializer/index.test.ts
index 233419ea4..5d9dc5516 100644
--- a/packages/parse5/lib/serializer/index.test.ts
+++ b/packages/parse5/lib/serializer/index.test.ts
@@ -33,4 +33,13 @@ describe('serializer', () => {
             assert.equal(html, '<div><button>Hello</button></div>');
         });
     });
+
+    it('serializes <template> elements inner content', () => {
+        const document = parse5.parseFragment('<template><button>Hello</button></template>');
+        const template = document.childNodes[0];
+        assert.ok(isElementNode(template));
+        const html = parse5.serialize(template);
+
+        assert.equal(html, '<button>Hello</button>');
+    });
 });
diff --git a/packages/parse5/lib/serializer/index.ts b/packages/parse5/lib/serializer/index.ts
index 6019a0286..65a9ca57b 100644
--- a/packages/parse5/lib/serializer/index.ts
+++ b/packages/parse5/lib/serializer/index.ts
@@ -114,7 +114,14 @@ function serializeChildNodes<T extends TreeAdapterTypeMap>(
     options: InternalOptions<T>
 ): string {
     let html = '';
-    const childNodes = options.treeAdapter.getChildNodes(parentNode);
+    // Get container of the child nodes
+    const container =
+        options.treeAdapter.isElementNode(parentNode) &&
+        options.treeAdapter.getTagName(parentNode) === $.TEMPLATE &&
+        options.treeAdapter.getNamespaceURI(parentNode) === NS.HTML
+            ? options.treeAdapter.getTemplateContent(parentNode)
+            : parentNode;
+    const childNodes = options.treeAdapter.getChildNodes(container);
 
     if (childNodes) {
         for (const currentNode of childNodes) {
@@ -139,13 +146,7 @@ function serializeElement<T extends TreeAdapterTypeMap>(node: T['element'], opti
     return `<${tn}${serializeAttributes(node, options)}>${
         options.treeAdapter.getNamespaceURI(node) === NS.HTML && VOID_ELEMENTS.has(tn)
             ? ''
-            : `${serializeChildNodes(
-                  // Get container of the child nodes
-                  tn === $.TEMPLATE && options.treeAdapter.getNamespaceURI(node) === NS.HTML
-                      ? options.treeAdapter.getTemplateContent(node)
-                      : node,
-                  options
-              )}</${tn}>`
+            : `${serializeChildNodes(node, options)}</${tn}>`
     }`;
 }