Property for sale in Coronation Walk, Southport PR8
Just added* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
***for sale by auction***
***auction start time: 10AM Thursday 19th September 2024***
***auction end time: 12PM Thursday 19th September 2024***
Flexi Agent are proud to promote this excellent investment opportunity, currently fully let achieving approximately £88,200 pa annum (current owner pays bills).
This exciting proposition offers a staggering 13.5% gross investment yield at the advertised price & contains a mixture of first, second and third floor apartments and a ground floor office space.
A breakdown of the income can be seen below:
Office Rent: £1500pcm including bills
Apartment 1: £800pcm including bills
Apartment 2: £800pcm including bills
Apartment 3: £900pcm including bills
Apartment 4: £800pcm including bills
Apartment 5: £800pcm including bills
Apartment 6: £800pcm including bills
Apartment 7: £950pcm including bills
The property is split into 7 self contained apartments and a ground floor office.
Each individual unit has been recently fully modernised, with significant investment having already been made, completely future proofing the investment for the successful purchaser.
Externally, the property offers a private car park to the rear, which is utilised by the ground floor office.
*********************available no chain**************************
Viewings available upon request.
Tenure: Freehold
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***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**
On exchange of contracts, you must pay a non-refundable deposit equal to **10% of the actual purchase price of the property**. The deposit contributes towards as part of the purchase price.
Property info
For more information about this property, please contact
Flexi Agent, PR8 on +44 1704 206804 * (local rate)
Disclaimer
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.