Our latest listing is a portfolio of 5 flats located in Southport. They are generating steady, rewarding rental returns for the current landlord. For investors looking for a rewarding investment, this is a brilliant opportunity!
This fantastic multi-unit property consists of 5 self-contained flats, offering a variety of living options: 3 one-bedroom flats, 1 two-bedroom flat, and 1 spacious three-bedroom flat. Located in a quiet residential area, yet just a short distance from Southport’s town center, seafront, and popular tourist attractions, this property is ideally situated for both long-term and short-term rentals. Featuring a well-maintained garden, it also presents an exciting future opportunity as an Airbnb to significantly multiply income in a high-demand area.
Investment Details
The properties currently produce an annual gross income of £40,620 which could be increased by the new owner to a market rate of £48,000 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.
Verified as Freehold
Property Tenure documentation has been provided to Let Property and has been Verified.
EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Council Tax Band: A
Interactive street-level view of the property location and surrounding area.