Auction Property Details

24 Scarisbrick Street, Southport, PR9 0TU

Lot 23 - 13.02.2013

RESERVE £250,000

FOR SALE BY AUCTION 13TH FEBRUARY 2013 - 24 SCARISBRICK STREET, SOUTHPORT, PR9 0TU

INVESTMENT

WHY BUY?
6 Self-contained apartments
Convenient town centre location
Double glazed throughout
Off road parking
Potential rental income £26,520 pa

DESCRIPTION/ LOCATION
An excellent investment opportunity consisting of 6 self-contained apartments over two floors plus basement in a well regarded location close to the town centre and just a short walk from Southport station. The apartments benefit from double glazing, central heating to all but one and off road parking for each flat.

Five of the flats are holding over on ASTs producing an annual income of £20,280 pa, mostly to long standing tenants (details can be found in the legal pack) with one spacious ground floor flat currently left vacant for viewing. This apartment is finished to a high standard with porch, large hallway, lounge, modern kitchen with appliances, large double bedroom and modern shower room. This flat could suit a potential owner with the 5 remaining apartments producing a substantial income.

ACCOMMODATION
Flat 1: Ground floor, porch, hallway, lounge, fitted kitchen, double bedroom, shower room/WC, central heating

Flat 2: Ground floor, open plan kitchen/living room, bedroom, bathroom, central heating, patio doors, brick built storage room

Flat 3: First floor, hallway, lounge, kitchen, small storage room, bedroom, bathroom

Flat 4: First floor, hallway, open plan kitchen/living room, bedroom, bathroom, central heating

Flat 5: First floor, bedroom/living room, kitchen, bathroom, central heating

Flat 6: Basement, hallway, lounge, kitchen, 2 bedrooms, WC, shower room, central heating

Outside: Tarmac frontage and driveway providing off road parking

Please note Venmores have not conducted an internal inspection of all the apartments and details have been supplied by the vendor

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.