Contact Us:

+44 (0)121 2859377

info@investingnorth.co.uk

STC
Buy to Let
Albany Road, Southport

 

Property Address:

 

STC - Buy to Let - Albany Road
Southport

 

Property Details:

 
  • 8 Self contained 1 Bedroom flats
  • North West
  • All tenanted
  • Great Rental Location
  • Off Market
 

We are direct to the vendor on this deal

All flats are currently occupied and together they bring in £4000 per month

STRATEGY

Buy To Let

8 Self Contained 1 - Bedroom Flats

 

Reason For Sale

 

The landlord is selling up

Financial Information:

 
  • Cashflow: £600
  • Purchase Price: £450,000
  • Estimated Refurb: £48,000
  • Estimated Value after works: £720,000
  • Market Rental: £4,000
  • Sourcing Fee: £10,000
  • Project Management Fee: £4,800
 

Comparables

Comparable Sold

The most expensive recorded transaction in Albany Road to date is Flat 5 10, which sold for £140,000 on

29/07/2010.

The property sale that has been recorded in Albany Road most recently was

Flat 7 5, which sold for £92,000 on 06/11/2015.

 

 

 

 

 

 


LOCATION

Albany Road in Southport PR9 comprises 67 properties. 99 per cent of them are

residential (the total number of homes in Albany Road is 66).

Of the 66 homes on Albany Road, 61

are flats (including apartments and maisonettes). Properties on Albany Road are, on

average, worth £114,714, which makes it one of the least expensive places to live in PR9

Southport, where the average house price is £161,548.

 

Contact Details:

 

Contact:

Sammy Halliday

Telephone:

+44 (0)121 318 8056

Email:

sammy@investingnorth.co.uk


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