6 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- 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
*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 appointment
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Property reference 32834562. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Flexi Agent - Southport.
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Broadband availability and predicted speed: obtained from Ofcom on May 9, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on May 9, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on November 22, 2013 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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