This property has been taken off the market.

16 Bed Flat For Sale Promenade, Southport, PR8

£850,000- Flat

1 of 15
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Last Updated: 31st January 2024

Description

***DEVELOPMENT OPPORTUNITY*** ***FULL PLANNING PERMISSION GRANTED*** ***PLANNING FOR 9 LUXURY APARTMENTS*** ***TOWN CENTRE LOCATION*** ***

Flexi Agent are extremely proud to present this amazing development project to the open sales market. Rarely do highly profitable opportunities like this present themselves, with the chance to restore one of Southport's most iconic seafront properties to it's former glory. This property was previously a hotel, amongst other uses and now, a full restoration is on offer to convert this stunning residence into separate, bespoke dwellings.

The property is situated over six floors, which is compartmentalised into 9 apartments. Each apartment offers square footage which can't be rivalled locally, whilst enjoying breath-taking views over Southport's enviable Marine Lake & Promenade boulevard. Sea views are also on offer, alongside impressively spacious communal hallways with planning PASSED for a lift to access each floor individually.

Flexi Agent have assessed the resale opportunity for a prospective purchaser and present values between £250,000 - £300,000 based on final specifications & square footages - making this a very lucrative investment for an aspirational developer / builder!

The property is available for purchase with no onwards chain.

VAT is applicable on top of the purchase price.

Viewing is available immediately by appointment.
Agent Details
Flexi-Agent
18 Coronation Walk Southport PR8 1RE

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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