7 bedroom block of apartments for sale

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7 bedroom block of apartments for sale

Duke Street, Southport PR8
£280,000

Our Summary

  • Flexi Agent are delighted to offer this exciting investment opportunity, a detached property split into seven flats

Description

This detached property on Duke Street in Southport has been converted into seven flats, offering a lucrative investment opportunity with an annual income of £35,232. The property is fully licensed as a House in Multiple Occupation (HMO) by Sefton Council and is sold with tenants in situ. The flats are split across the property, with six bed-sits sharing two bathrooms and one fully self-contained flat on the first floor. The current rental income includes electricity, gas, water, and council tax, with Flat 7 paying council tax and gas separately. The property is freehold and has a potential yield of over 11%, making it an attractive investment opportunity for those looking to generate a significant income.
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