King Street, Southport, Merseyside. PR8
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
15
- BATHROOMS
16
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Eight Apartments
- One HMO
- 8.25% Gross Yield
- Modern Throughout
- Communal Courtyard and Terrace
- Fantastic Intercom System
- Freehold
- Being Sold with Tenants in Situ, Block at full occupancy
- This Apartment Block is Situated in a Bustling Area of Southport
- Call Today to Book Your Viewing!
Description
Comprising of eight apartments and one HMO, this secure block makes for a rare investment opportunity. All apartments are fully tenanted and are being sold with tenants in situ, so this is a ready-made investment opportunity with rental income available from completion.
There are an array of onsite facilities. Tenants can enjoy a communal garden and courtyard, alongside a modern intercom system.
Apartment One (44 Sq Meters): One Bedroom, One Bathroom. Rent received: £750 PCM.
Apartment Two (42 Sq Meters): One Bedroom, One Bathroom. Rent received: £650 PCM.
Apartment Three (28 Sq Meters): Studio. Rent Received: £600 PCM
Apartment Four (78 Sq Meters): Two Bedrooms, One Bathroom, One En-Suite. Rent Received: £950 PCM.
Apartment Five (50 Sq Meters): One Bedroom, One Bathroom. Rent Received: £700 PCM
Apartment Six (27 Sq Meters): Studio. Rent Received: £700 PCM
Apartment Seven (38 Sq Meters): One Bedroom, One Bathroom. Rent Received: £725 PCM
Apartment Eight (106 Sq Meters): Three Bedroom, One Bathroom, One En-Suite. Rent Received: £1,100 PCM
Apartment Nine (HMO) (120 Sq Meters): Room One: £585 PCM, Room Two: £585 PCM, Room Three (En-Suite): £600 PCM, Room Four (En-Suite): £600 PCM
This property has an excellent gross yield of 8.25%, which presents a great opportunity for any investor looking to expand their portfolio.
Location wise, this apartment block is situated in a bustling area of Southport just around the corner from the £1.4 million Southport Market redevelopment. There's a number of shops, bars, restaurants and cafes in the local area to contribute to high tenant demand into the future. Both rental growth and growth on property values are anticipated across the North West over the next 5 years according to Savills' latest Residential Property Market Forecast.
Contact our friendly team today to book your viewing!
- 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.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- 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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King Street, Southport, Merseyside. PR8
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About Curlett Jones Estates, Southport
631 Lord Street, Southport, PR9 0AN
We are your local friendly property people.
We are part of the Southport Community and it is our mission to support the people of Southport through their property transactions - Let us take the stress out of moving for you!
Curlett Jones Estates was founded by local property legal eagles that have a wealth of experience in delivering residential conveyancing within some of the largest law firms in the North West.
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Visit our security centre to find out moreDisclaimer - Property reference PRA12155. 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 Curlett Jones Estates, 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.
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