Guide price
£350,000
6 bed block of flats for salePortland Street, Southport PR8
6 beds
3 baths
3 receptions
EPC Rating: C
Added on
eXp World UK
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About this property
KO1148 -Multi-Unit Freehold Block: Substantial semi-detached period property fully converted into 3 self-contained flats.
6 Bedrooms / 3 Bathrooms: Configuration offers three spacious 2-bedroom apartments with high-capacity layouts.
Online Public Auction: Prime investment asset available with transparent exchange terms.
Proven High-Yield History: Historically generated £30,780 gross per annum on the open rental market.
Independent Utilities: Separate meters and individual mains gas combination boilers fitted for each unit.
Fully Double Glazed: Upgraded double-glazed window units installed throughout for improved thermal efficiency.
Strong Energy Rating: Modern insulation and energy-efficient setups across the residential units.
Excellent Town Centre Location: Located on Portland Street with immediate access to Southport’s local amenities.
Prime Commuter Footprint: Short walk to nearby public transport links and Southport train station.
Turnkey Rental Asset: Ideal block acquisition for landlords expanding a high-demand property portfolio.
KO1148 - An exceptional high-yielding investment opportunity to acquire a substantial semi-detached period building fully converted into 3 self-contained flats in Portland Street, Southport (PR8 1HU). Offered for sale via online public auction, this Multi-Unit Freehold Block (mufb) represents a premier addition for seasoned landlords or developers seeking an immediate turnkey asset.
The property features a high-capacity total layout comprising 6 bedrooms, 3 bathrooms, and 3 reception rooms (configured as three spacious 2-bedroom apartments). Each individual flat benefits from mains gas central heating with individual combination boilers, full double glazing, and independent electrical meters.
Historically generating a strong gross income of £30,780 per annum via a local agent, the block commands consistently high rental demand. Situated in a highly accessible town centre footprint, tenants enjoy immediate access to local shops, train links, and amenities. A rare, robust auction lot with multiple revenue streams from day one.
Property information
Tenure Freehold with vacant possession
Services: Mains water, Electricity, Double glazing, Gas central heating, fttc Broadband
EPC: C
Flood Risks: Very Low
Local Authority: Sefton Council with One-stop shop at Southport located within The Atkinson, Lord Street, Southport, PR8 1DB
note - This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
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