£180,000 For Sale

Upper Floors At 115 Eastbank Street, Southport, PR8

Key Features

  • Residential Investment Opportunity
  • 4 Fully Let Residential Letting Units to the Upper Floors
  • Two X 2-Bedroom Flats Producing £5,200 Per Annum Each (£100 Per Week)
  • Two X 1-Bedroom Flats Producing £4,680 Per Annum Each (£90 Per Week)
  • Total Income Approximately £19,670 Per Annum
  • Situated within Southport Town Centre

Please contact our office as normal to register interest. We are able to undertake property discussions and consultations by phone and email. The property comprises of 4 fully let residential flats to Eastbank Street over first and second floors. Access is provided to the rear of the property via an external stairwell. We are advised that each flat benefits from separate meters, double glazing, hard wired fire alarm and emergency lighting to communal areas. The property is to be sold with the benefit of the existing tenants in situ who we understand all occupy by way of Assured Shorthold Tenancies: Two x 2-bedroom flats producing £5,200 per annum each (£100 per week) Two x 1-bedroom flats producing £4,680 per annum each (£90 per week) Total income approximately £19,670 per annum. The property is currently fully let and could benefit from some works of modernisation The subject property is situated to Eastbank Street within Southport town centre and lies approximately 19 miles north of Liverpool and 18 miles south of Preston. The subject property is within walking distance of Southport train station, which has direct links to Liverpool and Manchester city centres. Eastbank Street is an established retail area with occupiers including KFC, Subway, Kwikfit and Tesco Express along with a predominance of local operators.
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