Offers over
£280,000
(£142/sq. ft)
7 bed block of flats for sale
Duke Street, Southport PR8Freehold
7 beds
2 baths
7 receptions
1,967 sq. ft
EPC Rating: D
Key information
Tenure
Freehold
Council tax band
A
About this property
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
***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
Stamp duty calculator
We've updated our calculator to take into account the stamp duty cut announced by the chancellor on 23 September 2022. Read more stamp duty news and how stamp duty works
More information
Listed by
Flexi Agent
.png){kind=logo}
