21 Bed Flat For Sale Castle Walk, Southport, PR8

£1,250,000- Flat

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Last Updated: 15th April 2024

Description

Flexi Agent are proud to promote this excellent investment opportunity, situated in a desirable, central Southport location. The property is currently FULLY LET.

The property boasts 100% occupancy with no arrears and is split into five apartment blocks.

Block 1: Mixture of studio apartments & 1 bedroom apartments - Total units: 6
Block 2: 1 bedroom apartments - Total units: 5
Block 3: 1 bedroom apartments - Total units: 5
Block 4: 1 bedroom apartments - Total units: 5
Block 5: 1 bedroom apartments - Total units: 5

Total Number of Properties: 26

The current rents are imminently due to be increased within the next month, which will provide an annual income of £126,000.

Investment Yield: 10%!!!

Available for purchase with NO ONWARDS CHAIN.

For further information, please contact Flexi Agent.
Agent Details
Flexi-Agent
18 Coronation Walk Southport PR8 1RE

Investment Analysis

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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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Potential Return-on-Cash Invested