6 bedroom flat for sale
Key information
Features and description
- Six apartments
- Semi detached, circa 1986 sqft
- *auction*
- START TIME: 10 AM THURSDAY 5th June 2025
- END TIME: 1 PM THURSDAY 5th June 2025
- Communal entrance
- Three ground floor apartments
- Three first floor apartments
- Street parking
- Viewings available upon request
*FOR SALE BY AUCTION*
*AUCTION START TIME: 10AM THURSDAY 5th June 2025*
*AUCTION END TIME: 1PM THURSDAY 5th June 2025*
Flexi Agent is proud to present this excellent investment opportunity with NO ONWARD CHAIN. This semi-detached property is currently FULLY LET and split into six studio apartments, making it a perfect addition to any property portfolio. The building is located in a central position in Southport, offering easy access to local amenities, shops, and transport links. The area is well-known for its vibrant community and close proximity to the town centre.
Altogether, the properties have a projected annual income of approximately £26,400, with all tenancies being Assured Shorthold. At the time of preparing these particulars, the existing tenancies are rented at £350 per calendar month (pcm). However, as tenancies become vacant, the apartments are being advertised at £400 pcm.
Currently, two of the six apartments are being advertised at £400 pcm, while four of the existing tenancies are still at £350 pcm. Once all the apartments are let at £400 pcm, the total annual income will be £2
The ground floor;
-FLAT 1 Lounge/Bedroom, Kitchen, Bathroom and bay window
-FLAT 2 Kitchen/Lounge/Bedroom and a separate Bathroom
-FLAT 3 Lounge/Bedroom, Kitchen, Bathroom and rear access and cupboard
The first floor;
-FLAT 4 Lounge/Bedroom, Kitchen and Bathroom
-FLAT 5 Lounge/Bedroom, Kitchen , Bathroom and bay window
-FLAT 6 Lounge/Bedroom, Kitchen and Bathroom
Externally the property offers street parking.
Viewings available upon request.
Council tax band A
Freehold
*The following non-refundable fees apply:*
*Buyer's Fee*
A Buyer’s Fee is payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property.
*4% (plus VAT) of the purchase price.*
The Buyer’s Fee is always subject to a minimum of £4,000 (plus VAT). The Buyer’s Fee does not contribute to the purchase price..
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