Block of flats for sale in Church Street, Southport PR9

Offers over £375,000
Interested in this property? Call +44 1704 206804 * or Request Details

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Block of flats for sale - 6 bedrooms

6 6 6

Tenure:
Freehold
Council tax band:
Not available

Property features

  • 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

Property description

***potential 10% investment return*** ***six, 1 bedroom self contained apartments*** ***fully let buy to let business opportunity*** ***freehold*** ***no chain***

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; tbc
Flat 2: Tbc
Flat 3: 73C 85B
Flat 4: 73C 85B
Flat 5: 59D 83B
Flat 6: Tbc
Viewing is available immediately by appointment

Property info

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Flexi Agent, PR8 on +44 1704 206804 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Flexi Agent, and do not constitute property particulars. Please contact Flexi Agent for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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