1 Booth Street, Southport, UK

Dati

FOR SALE BY AUCTION

AUCTION START TIME: 10AM THURSDAY 20th MARCH 2025

AUCTION END TIME: 1PM THURSDAY 20th MARCH 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 £52,800, 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 £57,600.

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..

Deposit