Three self-contained two-bed flats producing immediate rental income.
Approximate gross yield c.7% on £315,000
A sturdy Victorian terraced block in central Southport, offered freehold with three self-contained two-bedroom flats. The building retains period features—bay windows and high ceilings—while each flat is let and producing rental income. Current gross yield is approximately 7% on the asking price of £315,000, with EPC rating C and a total area of about 1,635 sq ft.
This is a ready-made investment: all flats are tenant-occupied, meters are accessible in the communal hallway, and communal areas have good lighting. The location is town-centre convenient—minutes from the promenade and Lord Street—and benefits from excellent mobile signal and fast broadband, supporting long-term lettability in a mixed-use neighbourhood.
Buyers should note material negatives plainly. The local area records high crime levels and is classified as very deprived, which may affect tenant profiles, void risk and long-term capital growth. Flats are mid-sized and the block shows average overall size; expect routine maintenance and periodic refurbishment between tenancies. The property suits investors comfortable managing HMO-style risk and dealing with tenant-in-situ logistics.
For a landlord seeking immediate rental return and portfolio scale-up, this block offers straightforward cashflow with room to add value through active management and selective upgrades. For cautious buyers prioritising low-crime, high-growth areas, the socio-economic indicators here warrant careful consideration before purchase.
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