Guide price
£350,000
(£138/sq. ft)
7 bed flat for saleKing Street, Southport, Merseyside PR8
7 beds
4 baths
5 receptions
2,529 sq. ft
Reduced on
About this property
***auction property***
****attention investors****
Total rental income of approximately £3,000 pcm
Town centre location
Flat 1 (Top Floor) - 2 bedrooms & 1 bathroom
Flat 2 - 3 bedrooms & 1 bathroom
Flat 3 (Ground Floor) - 2 bedrooms & 2 bathroom
Three self contained flats, circa 2529 sqft
Rear courtyard (Flat 3)
Viewings available upon request
***Auction Opportunity *** Prime Southport Investment: 7-Bed Property With £3K Pcm Income
***for sale by auction***
***auction end time: 1PM Wednesday 30th September 2026***
Guide price - £350,000
Reserve price - £385.000
Attention investors. Discover an outstanding investment opportunity in the heart of Southport town centre with this substantial property, available for sale by auction at at guide price of £350,000. Spanning approximately 2,529 sq ft, this unique offering comprises three distinct, self-contained flats, presenting a lucrative prospect for those looking to expand their portfolio or secure a high-yielding asset.
The property currently generates an impressive total rental income of approximately £3,000 per calendar month, making it an attractive proposition for immediate returns. Its prime town centre location ensures consistent demand from tenants, benefiting from excellent access to local amenities, transport links, and Southport's vibrant attractions.
Further enhancing its appeal as a low-maintenance investment, each flat benefits from its own private entrance and is separately metered for gas and electricity, allowing tenants to manage their own utility accounts and simplifying landlord administration.
Each flat has been thoughtfully configured to maximise living space and tenant appeal:
Flat 1, situated on the top floor, offers comfortable living with two well-proportioned bedrooms and a modern bathroom. This unit provides a private and elevated living experience.
Flat 2 features three spacious bedrooms and a family bathroom. This flat is ideal for small families or professional sharers, offering ample space and flexibility.
Flat 3, located on the ground floor, provides convenient access and includes two bedrooms and two bathrooms, one of which is an en-suite, adding a touch of luxury and practicality. This flat also benefits from direct access to a private rear courtyard, offering valuable outdoor space.
Further enhancing the property's appeal is the provision of off-street parking for one car, a significant advantage in a town centre location. The rear courtyard, exclusive to Flat 3, provides a private outdoor retreat, a highly desirable feature for tenants.
This property represents a rare opportunity to acquire a versatile asset with established rental income and significant potential. Its configuration into three fully self-contained dwellings, each with independent utility supplies and private access, offers flexibility for investors seeking a straightforward and efficient management structure. There is also potential for future resale of individual units (subject to the necessary consents) or partial owner-occupation while retaining supplementary rental income.
Prospective buyers are encouraged to arrange a viewing to fully appreciate the scale, condition, and income potential of this exceptional investment. Viewings are available upon request and are highly recommended to avoid disappointment. This is a truly compelling opportunity for any discerning investor seeking a robust addition to their property portfolio in a sought-after Southport location.
No Chain
Leasehold peppercorn
Flat 1 - Council tax band B
Flat 2 - Council tax band A
Flat 3 - Council tax band A
*The following non-refundable fees apply:***
**Buyer's Fee**
A Buyer’s Fee is payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property.
**4% (plus VAT) of the purchase price.**
The Buyer’s Fee is always subject to a minimum of £6,000 (plus VAT). The Buyer’s Fee does not contribute to the purchase price..
**Deposit**
On exchange of contracts, you must pay a non-refundable deposit equal to **10% of the actual purchase price of the property**. The deposit contributes towards as part of the purchase price.
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Tenure
Leasehold (941 years)
Service charge
Council tax band
Ground rent
£8
Ground rent date of next review
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