Two-bedroom Southport flat with immediate rental income and long lease.
Long lease (981 years) — strong legal position for investors
Tenant in situ producing £7,800 gross annual income
775 sq ft; two bedrooms and two bathrooms
On-street parking only; no private garden or off-street parking
Building: modern mid-rise block with small private balconies
Area: central Lord Street location with many local amenities
Local issues: very deprived area and high crime levels
Service charge/ground rent not provided — verify before purchase
This two-bedroom leasehold flat on Lord Street, Southport, is presented primarily as a buy-to-let opportunity with an existing tenant in situ. The property occupies an average-sized 775 sq ft layout with two bathrooms, a lounge/diner and a kitchen — offering immediate rental income of £7,800 per year and room for yield improvement against local market rents.
The building is a mid-rise purpose-built block with modern exterior finishes and small private balconies. On-street parking serves residents; internal photos suggest a well-lit living area but some internal updating may be needed to maximise rental value. The long lease (981 years) is a clear legal positive for investors.
Material considerations are factual: the flat is leasehold, located in a very deprived area with high local crime rates, and sits in a busy town-centre setting. Service charge and ground rent details are not provided here and should be checked, as communal maintenance and management arrangements will affect net returns.
Overall this is a straightforward cashflow asset suited to buyers targeting steady rental income or portfolio expansion. Buyers should review the Let Property Pack, tenancy terms, service charge, and local rental comparables before committing.
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