Offers over
£375,000
6 bed block of flats for saleChurch Street, Southport PR9
6 beds
6 baths
6 receptions
- Chain free
- Freehold
Flexi Agent
.png){kind=logo}
About this property
Six self contained one bedroom apartments
Potential 10% investment return
Fully let, in extremely high demand
Fantastic investment opportunity
All utilities have been split
Separate water, gas, electricity & council tax
Private entrance to one of the ground floor apartments, with private courtyard
Ample communal parking, large corner plot
Freehold
No chain
***potential 10% investment return*** ***six, 1 bedroom self contained apartments*** ***fully let buy to let business opportunity*** ***freehold*** ***no chain***
*Fully Licensed *
Flexi Agent are delighted to welcome to the market this fantastic investment opportunity situated in a prime central southport location, close to Southport Train Station, the bustling Lord Street and Southport College. These are excellent apartments which are extremely sought after by tenants, making this a hot investment prospect!
The properties have all undergone recent fundamental improvement works which now make the property fully compliant with up to date January 2024 rental regulations. The properties utilities have all been completely split, so each apartment is responsible for it's own water, gas, electricity and are all on separate council tax's.
In total, this block contains 6 self contained 1 bedroom properties which feature a living room, kitchen, bathroom and bedroom. There is a large communal storage basement. The development spans over three floors. Ample communal parking is available, one of the ground floor apartments has it's own private entrance and the block is freehold & available for purchase with no on wards chain!
***rental income information***
Flat 1: £495pcm / Potential Rent: £550pcm
Open plan lounge/ diner 18'11 x 13'07
Bedroom 14'03" x 12'09"
Bathroom 9'05" x 5'00"
Flat 2: £500pcm / Potential Rent: £550pcm
Lounge 14'05" x 14'01"
Kitchen 9'05" x 5'00"
Bedroom 17'07" x 11'11"
Bathroom 8'11" x 4'10"
Flat 3: £450pcm / Potential Rent: £550pcm
lounge14'05" x 14'01"
Flat 4: £450pcm / Potential Rent: £550pcm
Flat 5: £450pcm / Potential Rent: £550pcm
Flat 6: £495pcm / Potential Rent: £550pcm
Total Monthly Income: £2840
Total Annual Income: £34,080
Total Potential Monthly Income: £3300
Total Potential Annual Income: £39,600
Energy Performance:
Flat 1; £500
Flat 2: £500
Flat 3: £475
Flat 4: £475
Flat 5: £500
Flat 6: £500
Viewing is available immediately by ap
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.