Block of flats for sale in Duke Street, Southport PR8

Just added
Offers over £280,000
Interested in this property? Call +44 1704 206804 * or Request Details

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Block of flats for sale - 7 bedrooms

7 2 7

Tenure:
Freehold
Council tax band:
A

Utilities and more details

Property features

  • Superb investment opportunity
  • HMO licence granted
  • 7 rental units
  • 6 bedsits
  • 1 fully self contained flat
  • 11% investment yield
  • Sought after location
  • Sold with tenants in situ
  • Garages
  • Viewings available upon request

Property description

***over 11% investment yield on offer! A fully licensed HMO!******no chain & freehold***

Flexi Agent are delighted to offer this exciting investment opportunity, a detached property split into seven flats. Located on Duke St, it is located in a highly sought after location with easy access to Southport town centre.

Sold with tenants in situ, there are six bed-sits sharing two bathrooms and one fully self-contained flat (being called flat seven which is located on the first floor) and 5 garages generating an income of £500pcm all together producing an annual income of £35,232 per annum. This is based on the current rental income which hasn't increased yet.

Electricity is on a payment card and current rent includes gas, water & council tax. Flat 7 pays council tax and gas.

Sefton Council landlord licence HMO granted.

Current rental incomes;
Flat 1 - £325pcm
Flat 2 - £325pcm
Flat 3 - £346pcm
Flat 4 - £325pcm
Flat 5 - £360pcm
Flat 6 - £325pcm
Flat 7 - £430pcm

Council Tax Band: A

EPC for flats 1-6 : D (as shown)

Flat 7 EPC Rating is separate and is
Current: 61D
Potential: 65D

Tenure: Freehold

Property info
Floorplan(s): Floor Plan

Floor Plan View original

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For more information about this property, please contact
Flexi Agent, PR8 on +44 1704 206804 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Flexi Agent, and do not constitute property particulars. Please contact Flexi Agent for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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