Located in a prime Southport location on a highly popular road, close to shops, bars, and restaurants, this 1 bedroom ground floor apartment offers an excellent investment opportunity within a sought after over 55’s development.The apartment comprises a spacious hallway, a large lounge, a fitted kitchen, and a bathroom. While well maintained, the property would benefit from some updating, however the existing tenant is happy with the current condition as is. This development includes communal sitting areas and laundry facilities, fostering a welcoming and convenient environment for residents.The property is being sold with a tenant in situ paying £650pcm, offering a ready-made rental income and an attractive yield for investors. EPC Rating: C
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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