This property has been taken off the market.

6 Bed Flat For Sale Arnside Road, Southport, PR9

£375,000- Flat

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Last Updated: 18th April 2024

Description

***POTENTIAL 10% INVESTMENT RETURN*** ***SIX, 1 BEDROOM SELF CONTAINED APARTMENTS*** ***FULLY LET BUY TO LET BUSINESS OPPORTUNITY*** ***FREEHOLD*** ***NO CHAIN***

Flexi Agent are delighted to welcome to the market this FANTASTIC INVESTMENT OPPORTUNITY situated in a prime CENTRAL SOUTHPORT LOCATION, close to Southport Train Station, the bustling Lord Street and Southport College. These are excellent apartments which are extremely sought after by tenants, making this a hot investment prospect!

The properties have all undergone recent fundamental improvement works which now make the property fully compliant with up to date January 2024 rental regulations. The properties utilities have all been completely split, so each apartment is responsible for it's own water, gas, electricity and are all on separate council tax's.

In total, this block contains 6 self contained 1 bedroom properties which feature a living room, kitchen, bathroom and bedroom. There is a large communal storage basement. The development spans over three floors. Ample communal parking is available, one of the ground floor apartments has it's own private entrance and the block is FREEHOLD & AVAILABLE FOR PURCHASE WITH NO ON WARDS CHAIN!

***RENTAL INCOME INFORMATION***

Flat 1: £495pcm / Potential Rent: £550pcm
Open plan lounge/ diner 18'11 x 13'07
Bedroom 14'03\" x 12'09\"
Bathroom 9'05\" x 5'00\"
Flat 2: £500pcm / Potential Rent: £550pcm
Lounge 14'05\" x 14'01\"
Kitchen 9'05\" x 5'00\"
Bedroom 17'07\" x 11'11\"
Bathroom 8'11\" x 4'10\"
Flat 3: £450pcm / Potential Rent: £550pcm
lounge14'05\" x 14'01\"
Flat 4: £450pcm / Potential Rent: £550pcm
Flat 5: £450pcm / Potential Rent: £550pcm
Flat 6: £495pcm / Potential Rent: £550pcm

Total Monthly Income: £2840
Total Annual Income: £34,080

Total Potential Monthly Income: £3300
Total Potential Annual Income: £39,600

Energy Performance:

Flat 1; TBC
Flat 2: TBC
Flat 3: 73C 85B
Flat 4: 73C 85B
Flat 5: 59D 83B
Flat 6: TBC
Viewing is available immediately by appointment
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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