£135,000 For Sale

38 Princes Street, Southport, PR8

Key Features

  • Part Let Residential Investment Opportunity
  • Semi Detached Property Comprising Of 3 Letting Units
  • Flat 1 Let On AST At £433 Per Month
  • Scope For Modernisation And Refurbishment And Letting Of Two Vacant Flats
  • Close To Southport Town Centre

Substantial semi detached property constructed over basement, ground, first and attic storage room. Externally from Princes Street there is a paved area providing parking for a number of vehicles. Pedestrian side access leads to the rear garden. Flat 1 is let by way of an Assured Shorthold Tenancy agreement at a monthly rental of £433 per calendar month. Flat 2 is vacant bedsit with kitchen and shower room that was historically let at £295 per calendar month. Flat 3 is a vacant flat with lounge, kitchen, bedroom with shower room off and a storage room to the attic area. Historically this was let at £375 per calendar month. All tenants/flats have their own utilities and council tax assessments. The property requires work of modernisation and repair but offers great scope for refurbishment and re letting in a suitable location close to Southport town centre.
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