5 West End Terrace, Southport PR8 1QR, UK

Details

FOR SALE BY AUCTION

AUCTION START TIME: 10AM WEDNESDAY 30TH OCTOBER 2024

AUCTION END TIME: 12PM WEDNESDAY 30TH OCTOBER 2024

AMAZING INVESTMENT OPPORTUNITY 12% INVESTMENT RETURN SPLIT INTO 3 APARTMENTS, OVER FOUR IMPRESSIVE FLOORS

Flexi Agent are proud to promote this fantastic investment opportunity, situated in a prime central Southport location. The properties have undergone extensive recent investment by the present owner and have been split down into 3 x 1 bedroom apartments, the property briefly comprises;

Ground Floor: Entrance hallway leading to apartment 1; living room, kitchen, stairs to the basement lead to a double bedroom & a stylish modern bathroom.

Stairs from the ground floor lead to the first floor where apartment 2 comprises; open plan living kitchen diner, stylish shower room and spacious double bedroom.

First floor stairs lead to the second floor, apartment 3 comprises; open plan living kitchen diner, stylish shower room and spacious double bedroom.

RENTAL FIGURES: Apartment 1 is currently let for £900pcm Apartment 2 rental potential is £750pcm Apartment 3 rental potential is £750pcm

Total Rental Income: £28,800

The property is available for sale with NO ONWARDS CHAIN, tenure is leasehold the terms TBC & viewings are available immediately!

Apt 1 Council Tax Band: A Tenure: Leasehold EPC: D

Apt 2 Council Tax Band: A Tenure: Leasehold EPC: C

Apt 3 Council Tax Band: A Tenure: Leasehold EPC: C

*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.