North West’s Largest Independent Estate Agent

15 bedroom HouseQueens Road, Southport, PR9 9HB

Offers in the region of £675,000

  • Converted Apartments Being Sold With No Chain
  • Excellent Rental Returns of £52,000
  • Close To Local Amenities And Transport Links
  • Mixtures of Studio, One, Three And Four Bedroom Apartments
  • Being Sold With No Vendor Chain
  • Tenure: FREEHOLD - Council Tax Band: EACH APARTMENT WITHIN ARE BAND A'S
3 Receptions
15 Bedrooms
11 Bathrooms

Tenure: Freehold

Situated close to Southport town centre and with a whole host of local amenities, this fantastic opportunity has to be viewed to appreciate the opportunity on offer. Consisting of a mixture of apartments which are currently fully occupied and receiving gross returns of £52,000 which equates to a return of 7.3%. Split over three floors and comprises of: 1 x 4 bed, 1 x 3 bed, 5 x 1 beds and 3 studio apartments. There is a cellar which is currently being used and plumbed for washing machine. The property has a hard wired fire alarm system, electrical safety certificate and all tenants are on 6 month AST rental agreements.Viewings are strictly by appointment only by Ball & Percival Southport.

Stamp Duty Calculator

You will pay
£23,750
• If you're a first-time-buyer in England, Wales or Northern Ireland, you will pay no Stamp Duty on properties worth up to £425,000
• This calculation assumes that the purchase of the property will NOT result in owning two or more properties.

Mortgage Calculator

Monthly Repayment
£3,222
The total mortgage is £607,000.
The LTV (loan to value) of this mortgage is 90%.
Contact your local branch if you have any Mortgage enquiries.

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