Summary - 188 FLAT 38 LORD STREET SOUTHPORT PR9 0QG
2 bed 2 bath Flat
Immediate rental income in a town-centre location with redevelopment potential.
Two bedrooms and two bathrooms in an average-sized 667 sq ft flat
Currently tenanted, producing £7,800 gross per year
Long lease: 981 years remaining (leasehold)
Private balcony; mid-rise modern apartment block
On-street parking only; no private garden or allocated space
Neighbourhood: high crime rates and very deprived area
Broadband speeds reported as slow; may require upgrade
Buyer’s Premium may apply; check Let Property Pack and tenancy terms
This two-bedroom, two-bath apartment on Lord Street offers a straightforward buy-to-let opportunity in central Southport. The flat is currently tenanted and producing an annual gross income of £7,800, making it immediately income-generating for a committed investor. The long lease (981 years) reduces lease-related risk and the property includes a private balcony and on-street parking.
The building is a mid-rise, modern block with external balconies and appears externally well maintained. The flat’s footprint is around 667 sq ft with a lounge/dining area and separate kitchen — a practical layout for single tenants, couples or sharers. Its central location places it within easy reach of shops, transport links and local amenities, which supports rental demand.
Material considerations are clear and should shape buyer expectations: the neighbourhood records high crime levels and the wider area is classified as very deprived, which can affect tenant profiles and long-term capital growth. Broadband speeds are reported as slow, and parking is limited to on-street only. Prospective purchasers should review the Let Property Pack and tenancy documentation carefully; a Buyer’s Premium may apply on purchase.
This property suits investors seeking an immediate let with modest, demonstrable income and low on-site amenity costs. It also offers straightforward re-letting potential and minimal external maintenance obligations, but buyers should factor in local socio-economic challenges and potential broadband upgrades when modelling returns.
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