Summary - 14 Knowsley Road, Southport, Merseyside, PR9 0HW PR9 0HW
6 bed 6 bath Apartment
Fully let block near town centre with immediate rental income.
- Six self-contained flats: four one-bed and two studios
- Gross rent stated at approximately £31,428 per annum
- Driveway parking for around four cars and communal lawned garden
- Individually metered electricity; landlord supplies gas central heating
- Sold at auction: guide £319,000, reserve £319,500, viewing by appointment
- Non-refundable buyer's fee 4% + VAT (min £4,000) and 10% deposit on exchange
- Property built before 1900; likely needs modernization and damp checks
- Local area: very deprived with high crime; consider management impact
A substantial Victorian detached property arranged over three floors and currently configured as six self-contained flats (four one-bed, two studios). The building is fully let with a stated total rental income of approximately £31,428 per year, individually metered for electricity and with landlord-provided gas central heating; tenants are understood to be responsible for council tax. Externally there is driveway parking for around four cars and a communal lawned garden. The property is offered for sale by auction with a guide price of £319,000 and reserve of £319,500.
This is a clear investor-focused opportunity: proven rental income, multiple tenancies and separate utility metering reduce immediate management complexity. The detached Victorian form, bay windows and period features give long-term appeal and potential to reposition – either to improve rental values or to reconfigure the internal layout subject to consents. Viewings are available on request prior to the auction.
Buyers should note the sale terms and costs: the property will be sold at auction, a non-refundable buyers’ fee of 4% (plus VAT) of the purchase price applies (minimum £4,000 plus VAT), and a non-refundable 10% deposit is payable on exchange. The area is described as very deprived with high local crime levels, which can affect tenant profiles and management needs. The building dates from before 1900 and, from the description and images, will require modernization and careful inspection for damp, mold and general maintenance.
Practical next steps for investors: review the available tenancy agreements and safety certification, commission a full building survey and tenancy audit, and factor in refurbishment and management costs alongside the auction fees and deposit requirements. Flood risk is recorded as none; broadband and mobile signal are strong, and the property sits close to Southport town centre and local amenities.
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