Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding residential investment located in an affluent coastal suburb.
Arranged as a four storey block comprising 8 x one bedroom flats, the property is fully let to private individuals on separate Assured Shorthold Tenancy (AST) agreements and producing a total £49,056 per annum.
We consider the property may benefit from asset management potential via renewal of the leases, with many currently being periodic tenancies of six months. There may also be potential to improve the annual rents with several flats generating higher sums than others. Please see the tenancy schedule and legal pack for more information.
The property occupies a large site of 0.23 acres (0.095 hectares) and benefits from front parking and a large rear garden. We consider the property may benefit from development potential via rear extension or a standalone development (subject to obtaining any requisite consents).
The property is situated in Birkdale, an affluent suburb of Southport adjacent to the coast and the Ainsdale and Birkdale Sandhill Nature Reserve. Central Southport is approximately 1.3 miles to the north, whilst Royal Birkdale Golf Course is approximately 1.4 miles to the south.
Tenure
Freehold
Tenancy
Please see the tenancy schedule and legal pack for more information.
Rent
Notes
Please note, areas within the tenancy schedule below are taken from the EPC certificates. Prospective purchasers should rely on their own enquiries in this regard.