Offers invited
£650,0008 bedroom block of apartments for sale
Coronation Walk, Southport PR8
Auction
Chain-free
Block of apartments
8 beds
7 baths
4,500 sq ft / 418 sq m
EPC rating: C
Key information
Features and description
- Tenure: Freehold
*FOR SALE BY AUCTION*
Flexi Agent are proud to promote this EXCELLENT INVESTMENT OPPORTUNITY, currently FULLY LET achieving approximately £88,200 pa annum (current owner pays bills).
This exciting proposition offers a staggering 13.5% gross investment yield at the advertised price & contains a mixture of first, second and third floor apartments and a ground floor office space.
A breakdown of the income can be seen below:
Office Rent: £1500pcm including bills
Apartment 1: £800pcm including bills
Apartment 2: £800pcm including bills
Apartment 3: £900pcm including bills
Apartment 4: £800pcm including bills
Apartment 5: £800pcm including bills
Apartment 6: £800pcm including bills
Apartment 7: £950pcm including bills
The property is split into 7 self contained apartments and a ground floor office.
Each individual unit has been recently FULLY MODERNISED, with significant investment having already been made, completely future proofing the investment for the successful purchaser.
Externally, the property offers a private car park to the rear, which is utilised by the ground floor office.
*AVAILABLE NO CHAIN*
Viewings available upon request.
Tenure: 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*
On exchange of contracts, you must pay a non-refundable deposit equal to *10% of the actual purchase price of the property*. The deposit contributes towards as part of the purchase price.
Flexi Agent are proud to promote this EXCELLENT INVESTMENT OPPORTUNITY, currently FULLY LET achieving approximately £88,200 pa annum (current owner pays bills).
This exciting proposition offers a staggering 13.5% gross investment yield at the advertised price & contains a mixture of first, second and third floor apartments and a ground floor office space.
A breakdown of the income can be seen below:
Office Rent: £1500pcm including bills
Apartment 1: £800pcm including bills
Apartment 2: £800pcm including bills
Apartment 3: £900pcm including bills
Apartment 4: £800pcm including bills
Apartment 5: £800pcm including bills
Apartment 6: £800pcm including bills
Apartment 7: £950pcm including bills
The property is split into 7 self contained apartments and a ground floor office.
Each individual unit has been recently FULLY MODERNISED, with significant investment having already been made, completely future proofing the investment for the successful purchaser.
Externally, the property offers a private car park to the rear, which is utilised by the ground floor office.
*AVAILABLE NO CHAIN*
Viewings available upon request.
Tenure: 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*
On exchange of contracts, you must pay a non-refundable deposit equal to *10% of the actual purchase price of the property*. The deposit contributes towards as part of the purchase price.
Property information from this agent
About this agent
Full profileProperty listings
WE SET UP FLEXI-AGENT TO PROVIDE OUR CUSTOMERS WITH A COMPLETELY UNIQUE WAY OF SELLING THEIR HOME. HAVING WORKED FOR OTHER ESTATE AGENCY COMPANIES FOR IN EXCESS OF 25 YEARS AT REGIONAL DIRECTORSHIP LEVEL BOTH ON THE HIGH STREET AND FOR ONLINE AGENTS, WE HAVE A WEALTH OF EXPERIENCE AND KNOWLEDGE AS TO WHAT WORKS BEST... OUR GOAL IS SIMPLE, TO PROVIDE OUR CUSTOMERS WITH A FANTASTIC AGENCY EXPERIENCE, WHILST ACHIEVING THE BEST POSSIBLE PRICE IN A TIMESCALE TO SUIT.PROVIDING COMPLETE FLEXIBILITY AROUND YOUR NEEDS, WE WORK FROM 8AM UNTIL 10PM 7 DAYS A WEEK TO MAKE SURE WE GET THE JOB DONE.
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