6 bed block of flats for sale

Booth Street, Southport PR9

***for sale by auction***

***auction start time: 10AM Thursday 1st May 2025***

***auction end time: 1PM Thursday 1st May 2025***

Flexi Agent is proud to present this excellent investment opportunity with no onward chain. This semi-detached property is currently fully let and split into six studio apartments, making it a perfect addition to any property portfolio. The building is located in a central position in Southport, offering easy access to local amenities, shops, and transport links. The area is well-known for its vibrant community and close proximity to the town centre.

Altogether, the properties have a projected annual income of approximately £26,400, with all tenancies being Assured Shorthold. At the time of preparing these particulars, the existing tenancies are rented at £350 per calendar month (pcm). However, as tenancies become vacant, the apartments are being advertised at £400 pcm.

Currently, two of the six apartments are being advertised at £400 pcm, while four of the existing tenancies are still at £350 pcm. Once all the apartments are let at £400 pcm, the total annual income will be £57,600.

The ground floor;
-flat 1 Lounge/Bedroom, Kitchen, Bathroom and bay window
-flat 2 Kitchen/Lounge/Bedroom and a separate Bathroom
-flat 3 Lounge/Bedroom, Kitchen, Bathroom and rear access and cupboard

The first floor;
-flat 4 Lounge/Bedroom, Kitchen and Bathroom
-flat 5 Lounge/Bedroom, Kitchen, Bathroom and bay window
-flat 6 Lounge/Bedroom, Kitchen and Bathroom

Externally the property offers street parking.

Viewings available upon request.

Council tax band A
Freehold

*The following non-refundable fees apply:***

**Buyer's Fee**

A Buyer’s Fee is payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property.

**4% (plus VAT) of the purchase price.**

The Buyer’s Fee is always subject to a minimum of £4,000 (plus VAT). The Buyer’s Fee does not contribute to the purchase price..

**Deposit*