Summary - 126 Linaker Street, SOUTHPORT PR8 5DG
1 bed 1 bath Commercial Property
**Standout Features:**
- Mixed-use investment property with retail and residential units
- Fully let with an annual income of approximately £11,466
- Ground floor retail unit generating £262.50/month (lease expires January 2025)
- Three-bedroom residential space generating £693/month
- Decent outdoor area with potential for leisure activities
- Chain-free sale with existing tenants unaffected
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Nestled in the heart of the PR8 postcode, this semi-detached mixed-use property at 126 Linaker Street presents an enticing investment opportunity combining retail and residential spaces. The ground floor hosts a Victorian-inspired corner shop, providing an open-plan layout ideal for a variety of businesses, while the first-floor residential unit boasts three well-sized bedrooms, perfect for families looking to plant roots in a vibrant community.
The property is currently rented, ensuring immediate cash flow for its future owner, with both areas generating a combined monthly rental income of £955. The outdoor space, complemented by a patio, offers an ideal retreat for relaxation or entertaining guests. Although the lease on the commercial unit is set to expire in two years, potential buyers should note that this may affect mortgage lending options. The neighborhood's accessibility to amenities, parks, and well-rated schools, including St Philip’s and Birkdale Primary, enhances the property's appeal for families and investors alike. Given its competitive price point of £175,000, alongside the potential for future renovations, this opportunity is not expected to last long—seize the chance to secure a versatile investment today!
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