Lord Street, Southport, PR9
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
647 sq ft
60 sq m
Key features
- Tenanted investment opportunity producing £8,760 per annum
- Attractive gross yield of over 9%
- Spacious one-bedroom fifth-floor apartment
- Generous private balcony extending to approximately 6 metres
- Allocated secure underground parking space
- Spacious lounge/dining room
- Double bedroom and fitted kitchen
- Secure communal entrance with lift access
- Pleasant courtyard and church-facing aspect
- Approximately 970 years remaining on the lease
Description
Investment Opportunity – Tenant in Situ | 9%+ Gross Yield | Large Private Balcony
An excellent opportunity to acquire a tenanted one-bedroom apartment within the sought-after 188 Lord Street development, right in the heart of Southport town centre. Producing £730 per calendar month (£8,760 per annum), the property offers an attractive investment opportunity with an established tenant already in occupation.
Situated on the fifth floor, the apartment benefits from a particularly generous private balcony extending to approximately 6 metres in length, allocated underground parking and a secure, lift-served development.
The accommodation briefly comprises an entrance hallway, spacious lounge/dining room, fitted kitchen, double bedroom and bathroom. The large balcony provides excellent additional outdoor space, enjoying a pleasant aspect towards the internal courtyard and neighbouring church.
Further benefits include:
- Tenant in situ – rental income from completion
- Current rent of £730 PCM (£8,760 PA)
- Gross yield of approximately 9.2% at £95,000
- Generous private balcony measuring approximately 6 metres
- Allocated secure underground parking
- Fifth-floor position with lift access
- Secure communal entrance
- Quiet courtyard-facing aspect
- Approximately 970 years remaining on the lease
- Service charge of £1,652.30 per annum
Ideally positioned for Southport's shops, restaurants, transport links and wider town-centre amenities, this is a particularly appealing proposition for investors seeking an established rental property with several desirable features.
Offered at Offers Over £94,950. Early viewing is recommended.
DISCLAIMER: Photos and Floorplans are for guidance only.
- 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: B
- 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.
- Ask agent
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Visit our security centre to find out moreDisclaimer - Property reference WAT260582. 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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