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Southport, Merseyside PR9 7 bed terraced house for sale
Bath Street, Southport, Merseyside, PR9 0DA
£350,000
Bath Street, Southport, Merseyside, PR9 0DA
£350,000
Our Summary
- Presenting an unparalleled investment opportunity in the heart of Southport, this substantial terraced property offers a unique blend of residential and commercial income streams
- While the property currently offers one shared bathroom, there is significant scope for further enhancement and value addition, potentially by incorporating en-suite facilities into some of the studio flats, subject to necessary planning and regulatory approvals
- This would undoubtedly increase both rental appeal and potential yield
- While the property is already a high-performing asset, there is clear potential for an astute investor to further enhance its value
- This could involve modernising the studio flats, upgrading the shared facilities, or exploring options to reconfigure the space to maximise its full potential
- Its established HMO licence and fully operational commercial space provide immediate returns, while the scope for future development offers long-term growth potential
- Excellent investment opportunity
Description
This property in Southport's town centre offers an exceptional investment opportunity, providing a unique blend of residential and commercial income streams. The property comprises a fully licensed seven-bedroom House in Multiple Occupation (HMO) and a versatile ground-floor shop, generating a 12% yield potential. The HMO features seven well-appointed studio flats, each designed to maximize rental income and tenant satisfaction, while the commercial space benefits from excellent footfall and visibility. The property's strategic location, with its proximity to amenities and transport links, drives strong demand for both residential and commercial rentals. With its established HMO licence and fully operational commercial space, the property provides immediate returns, while its potential for future development offers long-term growth potential. Early viewings are highly recommended to appreciate the scale and opportunity this exceptional property presents.