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Coronation Walk, Southport

PROPERTY TYPE

Block of Apartments

BEDROOMS

8

BATHROOMS

7

SIZE

4,500 sq ft

418 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

***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

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***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.

Brochures

Coronation Walk, Southport
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Coronation Walk, Southport

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About Flexi-Agent, Southport

18 Coronation Walk Southport PR8 1RE

Flexi Agent is one of the area's leading independent estate agents covering the Southport & surrounding area. The company is family owned and run by the two directors Jack & Andrea. Collectively, we have benefitted from over 25 years' experience in Estate & Letting agency.

Having both started their careers in agency, Jack & Andrea very quickly progressed through the ranks from the very bottom, starting as trainee negotiators right through to Directorship roles within highly respected online and corporate propositions throughout the UK & Internationally.

PERSONAL SERVICE, TRANSPARENCY AND FAMILY VALUES.......

The company's ethos is based on family values, professionalism, personal service and pro-activity.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£3,035
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 33321275. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Flexi-Agent, Southport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Flexi-Agent, Southport on 01704 334643.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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