Immediate rental income in central Southport, close to park and town amenities.
- Sold with tenant in situ generating £650 pcm (6.2% gross yield)
- Ground-floor two-bedroom apartment, approx. 909 sq ft
- Lift access, balcony, generous hallway storage
- Residents parking; sits in communal grounds
- Block received £80,000 of recent works (roof, lift, external)
- Leasehold — check lease length, service charges, ground rent
- Slow broadband speeds locally may affect some tenants
- No vendor chain; low local crime and Council Tax Band C
A solid buy-to-let in central Southport, this two-bedroom ground-floor apartment is being sold with a tenant in situ, delivering a current gross rental return of 6.2% (tenant paying £650 pcm). The flat sits in well-maintained communal grounds with residents’ parking and lift access, and benefits from recent block-wide investment: a new roof, new lift and external works were completed this year (circa £80,000 spent). The accommodation includes a lounge with balcony, fitted kitchen, two double bedrooms and a bathroom; the primary bedroom also has a shower cubicle.
This is a leasehold property of generous size (circa 909 sq ft) in a mid-20th-century block close to Hesketh Park and Southport town centre, making it easy to let to local professionals or retirees. There is no vendor chain and current communal maintenance works reduce short-term capital expenditure risk for the owner-occupier or landlord. Council Tax Band C and low local crime are practical advantages for long-term tenancy stability.
Considerations: the sale is leasehold, and prospective buyers should check the length of lease and any service charges or ground rent. Broadband speeds in the area are currently slow, which may affect some tenants’ needs. The apartment is sold with a sitting tenant, so viewings and vacant possession will be subject to tenancy terms. Overall, this property suits investors seeking immediate income or purchasers looking for a low-maintenance retirement/communal-living option with solid nearby amenities.
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