{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"760552329217953","summary":"A substantial period end-terrace property arranged over basement, ground and three upper floors, providing a well-established HMO investment, comprising of 10 self contained flats. \n\nThe building benefits from bay fronted elevations, generous ceiling heights and strong natural light, although it would now benefit from a programme of modernisation and improvement. \n\nThe accommodation comprises multiple residential units supported by communal and ancillary areas, together with: \n Basement accommodation (former owner's accommodation) \n Additional attic/upper floor space \n Forecourt providing off-street parking \n \nTenancies & Income Profile \nCurrent Position \nGross Income: £66,840 per annum \n \nRunning Costs (Approx.) \nGas (communal): £6,000 per annum \nLandlord electricity: £960 per annum \nWater: £2,100 per annum \nInsurance: £1,200 per annum \n \nTotal Estimated Outgoings: £10,260 per annum \n \nAsset Management Opportunities \nThe property offers clear potential for income growth and value enhancement, including: \nReconfiguration of heating systems to reduce landlord costs \nModernisation of common areas and individual units \nPotential conversion of vacant basement and attic space (STP) \nRental reversion through continued market alignment. \nImproved presentation to achieve enhanced rental levels and yields. \n \nMarket Commentary \nExisting HMOs benefit from Article 4 restrictions, limiting new supply. \nContinued demand for income-producing ","archived":false,"description":"A substantial period end-terrace property arranged over basement, ground and three upper floors, providing a well-established HMO investment, comprising of 10 self contained flats.

The building benefits from bay fronted elevations, generous ceiling heights and strong natural light, although it would now benefit from a programme of modernisation and improvement.

The accommodation comprises multiple residential units supported by communal and ancillary areas, together with:
Basement accommodation (former owner's accommodation)
Additional attic/upper floor space
Forecourt providing off-street parking

Tenancies & Income Profile
Current Position
Gross Income: £66,840 per annum

Running Costs (Approx.)
Gas (communal): £6,000 per annum
Landlord electricity: £960 per annum
Water: £2,100 per annum
Insurance: £1,200 per annum

Total Estimated Outgoings: £10,260 per annum

Asset Management Opportunities
The property offers clear potential for income growth and value enhancement, including:
Reconfiguration of heating systems to reduce landlord costs
Modernisation of common areas and individual units
Potential conversion of vacant basement and attic space (STP)
Rental reversion through continued market alignment.
Improved presentation to achieve enhanced rental levels and yields.

Market Commentary
Existing HMOs benefit from Article 4 restrictions, limiting new supply.
Continued demand for income-producing coastal assets.
The proposed MLEC development is expected to enhance rental growth and long-term capital values.
A comprehensive data room will be made available including:
Tenancy schedule
EPC certificates
Safety certifications
HMO documentation
Floor plans and additional information","disclaimer":{"raw":"Disclaimer - Property reference 2745FH. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Fitton Estates.com, Merseyside/Lancashire. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["10 Self Contained Flats","Prominent seafront corner position overlooking Marine Lake","Direct outlook towards the proposed Marine Lake Events Centre (MLEC)","Substantial licensed HMO investment arranged over multiple floors","Current income £59,580 per annum, rising to £66,840 per annum","Attractive period building with strong presence and character","Clear asset management and value-add potential","Located within an area of restricted HMO supply (Article 4)"],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":null},"pricing":{"price":675000,"displayQualifier":"OFFERS_IN_REGION_OF","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":null,"tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":null,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/9c901ca9b/760552329217953/9c901ca9b004065c2ef9bf962a8947d3.pdf","description":"55 and 56 The Promenade - brochure"}],"photos":[{"uri":"property-photo/80c16b909/760552329217953/80c16b9096fec6d687f89300e25b5479.jpeg","description":"Photo 1"},{"uri":"property-photo/f1f281564/760552329217953/f1f281564304c725b9c49ca4d92da5f6.jpeg","description":"Photo 2"},{"uri":"property-photo/1b3f91358/760552329217953/1b3f91358f0aacd24432e2bc95541ef8.jpeg","description":"Photo 3"},{"uri":"property-photo/f1c79908b/760552329217953/f1c79908bf4e98a1497e6957dde12991.jpeg","description":"Photo 4"},{"uri":"property-photo/2505e8a12/760552329217953/2505e8a122e0a70e3ec195823641716e.jpeg","description":"Photo 5"},{"uri":"property-photo/4a57a7ebd/760552329217953/4a57a7ebdf218b732bc958527d30d19d.jpeg","description":"Photo 6"},{"uri":"property-photo/00c26af38/760552329217953/00c26af388988bbbc2a57840f20f469d.jpeg","description":"Photo 7"},{"uri":"property-photo/65995bf94/760552329217953/65995bf94c4ece83930318a59fbdf825.jpeg","description":"Photo 8"},{"uri":"property-photo/892ff420b/760552329217953/892ff420b71331972550c42baef0d065.jpeg","description":"Photo 9"},{"uri":"property-photo/973615033/760552329217953/973615033f9cc8a595c94b6bff129051.jpeg","description":"Photo 10"},{"uri":"property-photo/83edfb1d2/760552329217953/83edfb1d29b136ee4d69fbee29d52432.jpeg","description":"Photo 11"},{"uri":"property-photo/bd8c8bf68/760552329217953/bd8c8bf6832123e0c0e10b5000b42a4c.jpeg","description":"Photo 14"},{"uri":"property-photo/f7d39683d/760552329217953/f7d39683df6dac2db0c75d2b7729deb8.jpeg","description":"Photo 15"}],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":null,"size":null,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"55 & 56 The Promenade, Southport, Merseyside, PR9","showMap":true,"postcode":{"incode":"0DZ","outcode":"PR9"},"streetView":null,"latitude":53.651264,"longitude":-3.007326},"nearestStations":[{"distance":0.37063340577300535,"name":"Southport Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":1.2377684639094353,"name":"Birkdale Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":1.374830147690609,"name":"Meols Cop Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Fitton Estates.com, Merseyside/Lancashire","email":null,"profileUrl":"/estate-agents/agent/Fitton-Estates/MerseysideLancashire-203123.html","logo":"/partner-logo/21933008-LOGO-1765966498.jpeg","id":203123,"description":"","telephoneNumber":"01704 334154","morePropertiesFromAgentUrl":"/commercial-property-for-sale/find/Fitton-Estates/MerseysideLancashire.html?locationIdentifier=BRANCH%5E203123&propertyStatus=all&includeLetAgreed=true&_includeLetAgreed=on","primaryBrandColour":null}],"owner":null,"primaryPropertyClassification":{"propertyClassificationSubType":"OTHER","propertyClassificationType":"OTHER","offices":null,"industrialAndLogistics":null,"leisureAndHospitality":null,"retail":null},"secondaryPropertyClassifications":[],"letType":null,"letContractLength":null,"status":"AVAILABLE","availableDate":null,"serviceCharge":0,"businessRates":0,"isRentAllInclusive":null,"products":{"commercialSearchProminenceEnabled":false,"featuredProperty":false,"premiumListing":false,"premiumListingLabel":null},"auction":false,"spaces":[]}},"mediaParams":{"mediaType":"photos","mediaIndex":3}}},"actionData":null,"errors":null}