21 & 21A Gloucester Road, Southport, PR8
Size
5,569
Tenure
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Parking
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- Primary use
- Other
Key features
- Substantial detached Victorian residential investment
- Five self-contained apartments.
- Prestigious Birkdale residential address.
- Approximately 5,569 sq.ft. (517.3 sq.m.) overall.
- Current passing rental income of £26,508 per annum.
- Highly reversionary rental profile.
- Apartment 1 currently vacant providing immediate letting opportunity.
- Extensive rear parking and mature communal gardens.
- Lower ground floor ancillary accommodation offering future asset management opportunities (subject to the necessary consents).
Description
An exceptional opportunity to acquire a high quality period residential investment comprising five self-contained apartments within an imposing detached Victorian residence occupying one of Birkdale's most sought-after residential addresses.
The property extends to approximately 5,569 sq.ft. (517.3 sq.m.) and comprises the principal ground floor apartment known as 21 Gloucester Road together with four further self-contained apartments known collectively as 21A Gloucester Road, arranged over the lower ground, first and second floors.
The building has been sympathetically converted whilst retaining an abundance of original Victorian character including impressive ceiling heights, decorative cornicing, feature fireplaces, bay windows, original staircase and generous room proportions throughout. Unlike many purpose-built apartment developments, each apartment provides particularly spacious accommodation with excellent natural light, creating homes that continue to appeal to long-term tenants and owner occupiers alike.
The current owners have carefully maintained the property over many years and the investment offers an attractive combination of established income together with considerable future asset management potential. A particularly compelling feature is the highly reversionary nature of the current passing rents. Several apartments are occupied by long-standing tenants paying rents substantially below prevailing market levels for comparable accommodation within this prime Birkdale location. As apartments naturally become available over time, purchasers have the opportunity to undertake selective cosmetic improvements where appropriate and progressively realign rents towards open market levels, enhancing both income returns and long-term capital value.
Occupying a generous mature plot with extensive rear parking and attractive communal gardens, opportunities to acquire residential investments of this scale, character and quality within Birkdale are increasingly rare. The property is expected to appeal to private investors, family investment companies, pension fund purchasers and experienced
residential landlords seeking a substantial long-term income producing asset.
21 Gloucester Road - Principal Ground Floor Apartment
Occupying the principal ground floor of the original Victorian residence, 21 Gloucester Road represents the flagship apartment within the building, offering particularly spacious accommodation together with an exceptional wealth of retained period character.
The apartment is approached through a dedicated entrance hall featuring original stained glass, decorative plasterwork, deep moulded cornicing and impressive ceiling heights, immediately reflecting the quality and architectural significance of the original Victorian property.
Internally, the accommodation centres around an elegant bay-fronted reception room with ornate decorative ceiling, feature fireplace and excellent natural light. The principal bedroom is of exceptional proportions and benefits from fitted wardrobes, whilst a second generous double bedroom overlooks the attractive rear gardens.
A spacious dining kitchen incorporates an excellent range of fitted units with ample room for everyday dining. The bathroom has been modernised to provide both a panelled bath and separate glazed shower enclosure. There is an additional room which could provide an office/dining room. Overall, the apartment successfully combines the grandeur of the original building with practical modern living and would continue to appeal to discerning tenants or owner occupiers alike.
Apartment 1 - First Floor Apartment (Vacant)
Apartment 1 occupies part of the first floor and is currently vacant, presenting an incoming purchaser with an immediate opportunity to refurbish where desired and re-let at an improved rental level.
The focal point of the apartment is an impressive reception room enjoying a bay window overlooking Gloucester Road, decorative cornicing, feature fireplace and generous ceiling heights.
The apartment further benefits from a generous double bedroom, a well-appointed fitted kitchen with a good range of contemporary base and wall units, together with a modern shower room. Whilst immediately suitable for occupation, there remains scope for selective cosmetic updating, allowing purchasers to enhance future rental tone
and capital value through relatively modest expenditure.
Apartment 2 - First Floor Apartment
Apartment 2 provides well-proportioned one-bedroom accommodation retaining many of the attractive characteristics associated with the original building. A spacious living room enjoys good natural light and attractive outlooks, whilst the double bedroom, fitted kitchen, bathroom and separate WC provide practical accommodation well suited to the private rental market.
Apartment 3 - Second Floor Apartment
Occupying the uppermost floor of the building, Apartment 3 provides surprisingly spacious two-bedroom accommodation centred around an impressive open-plan living, dining and kitchen area. The layout creates an excellent sense of space and is ideally suited to modern lifestyles whilst retaining the generous proportions associated with the original Victorian residence.
The apartment benefits from excellent natural light together with attractive elevated views across the surrounding
area. Two well-proportioned double bedrooms are served by a spacious bathroom incorporating both a bath and separate shower, with a further room which could be used as an office, creating practical family-sized accommodation.
Apartment 4 - Lower Ground Floor Apartment
Apartment 4 occupies the lower ground floor and offers particularly generous one-bedroom accommodation comprising a spacious living room, fitted kitchen, large double bedroom and bathroom. Unlike many lower ground floor apartments, the property enjoys good natural light through front and side windows, creating bright and comfortable accommodation.
Beyond the existing apartment lies a substantial area of ancillary accommodation including generous storage rooms and circulation space. These areas currently provide excellent landlord storage and facilities for the efficient management of the building.
Subject to all necessary statutory consents, title matters and any leasehold requirements, purchasers may wish to investigate the potential to incorporate part of this ancillary accommodation into Apartment 4, thereby creating an even larger residential unit with enhanced long-term rental and capital value.
External Areas
The property occupies a substantial mature plot with attractive communal gardens and an extensive rear parking area providing valuable off-road parking for residents. The gardens enhance the setting of this imposing Victorian villa and provide an increasingly rare amenity within a town centre fringe location.
The generous parking provision is a significant feature of the investment and complements the size and quality of the individual apartments, further strengthening long-term occupational appeal.
The rendered outbuilding situated to the rear of the site (21b Gloucester Road) comprises a separate self-contained residential dwelling and does not form part of this sale. The retained dwelling benefits from rights of access over part of the rear parking area in accordance with the title documentation.
Copies of the Land Registry Title, Title Plan and supporting documentation illustrating the extent of the property being sold together with the rights granted and reserved are available upon request.
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21 & 21A Gloucester Road, Southport, PR8
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