Guide price
£115,000
3 bed flat for saleKing Street, Southport PR8
3 beds
2 receptions
EPC Rating: C
- Auction
Pattinson - Auctions
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About this property
Being Sold via Secure Sale online bidding. Terms and Conditions apply.
Heart Southport Town Centre
Ideal For Investors
Three Bedrooms & Three Bathrooms
Current Yield Of 9.5%
Duplex Apartment
Summary
An excellent investment opportunity, this well-presented and spacious three-bedroom, three-bathroom duplex apartment is situated in the heart of Southport, offering convenient access to local amenities and transport links.
Currently achieving an impressive investment yield of 9.5%, the property benefits from a long-term tenant in place, making it an ideal purchase for investors. The apartment is in good condition and provides generous living accommodation across two floors.
Accessed via a communal entrance hallway, the apartment is located on the second floor. The entrance hallway includes useful storage space and leads to a well-equipped kitchen and breakfast room. A large lounge offers a bright and spacious living area.On the first floor, there are three well-proportioned bedrooms, each with its own bathroom.
This is a rare opportunity to acquire a high-yield investment property in a sought-after location. Don't miss outregister now for the online auction.
Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 918
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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