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King Street, Southport, Merseyside, PR8 1LG

PROPERTY TYPE

Apartment

BEDROOMS

7

BATHROOMS

4

SIZE

2,529 sq ft

235 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Floorplan 1
1

Key features

  • Three self contained flats, circa 2529 sqft
  • ****ATTENTION INVESTORS****
  • Total rental income of approximately £3,000 pcm
  • Town centre location
  • Flat 1 (Top Floor) - 2 bedrooms & 1 bathroom
  • Flat 2 - 3 bedrooms & 1 bathroom
  • Flat 3 (Ground Floor) - 2 bedrooms & 2 bathroom
  • Off street parking for one car
  • Rear courtyard (Flat 3)
  • Viewings available upon request

Description

ATTENTION INVESTORS. Discover an outstanding investment opportunity in the heart of Southport town centre with this substantial property, available for sale at offers in excess of £500,000. Spanning approximately 2,529 sq ft, this unique offering comprises three distinct, self-contained flats, presenting a lucrative prospect for those looking to expand their portfolio or secure a high-yielding asset.

The property currently generates an impressive total rental income of approximately £3,000 per calendar month, making it an attractive proposition for immediate returns. Its prime town centre location ensures consistent demand from tenants, benefiting from excellent access to local amenities, transport links, and Southport's vibrant attractions.

Further enhancing its appeal as a low-maintenance investment, each flat benefits from its own private entrance and is separately metered for gas and electricity, allowing tenants to manage their own utility accounts and simplifying landlord administration.

Each flat has been thoughtfully configured to maximise living space and tenant appeal:

Flat 1, situated on the top floor, offers comfortable living with two well-proportioned bedrooms and a modern bathroom. This unit provides a private and elevated living experience.

Flat 2 features three spacious bedrooms and a family bathroom. This flat is ideal for small families or professional sharers, offering ample space and flexibility.

Flat 3, located on the ground floor, provides convenient access and includes two bedrooms and two bathrooms, one of which is an en-suite, adding a touch of luxury and practicality. This flat also benefits from direct access to a private rear courtyard, offering valuable outdoor space.

Further enhancing the property's appeal is the provision of off-street parking for one car, a significant advantage in a town centre location. The rear courtyard, exclusive to Flat 3, provides a private outdoor retreat, a highly desirable feature for tenants.

This property represents a rare opportunity to acquire a versatile asset with established rental income and significant potential. Its configuration into three fully self-contained dwellings, each with independent utility supplies and private access, offers flexibility for investors seeking a straightforward and efficient management structure. There is also potential for future resale of individual units (subject to the necessary consents) or partial owner-occupation while retaining supplementary rental income.

Prospective buyers are encouraged to arrange a viewing to fully appreciate the scale, condition, and income potential of this exceptional investment. Viewings are available upon request and are highly recommended to avoid disappointment. This is a truly compelling opportunity for any discerning investor seeking a robust addition to their property portfolio in a sought-after Southport location.


No Chain
Leasehold peppercorn
Flat 1 - Council tax band B
Flat 2 - Council tax band A
Flat 3 - Council tax band A

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.
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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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Energy performance certificate - ask agent

King Street, Southport, Merseyside, PR8 1LG

Approximate location
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Affordability

Monthly repayments£2,508
Property: £ 500,000
Deposit: £ 50,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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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.

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Disclaimer - Property reference FLX_STH_LFSYCL_1052_1248521658. 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.

*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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