North West’s Largest Independent Estate Agent

2 bedroom Flat/ApartmentPark Road, Southport, PR9 9JJ

£125,000

  • Fantastic Investment Opportunity
  • Gross Rental Returns Of 6.2%
  • Being Sold With A Tenant In Situ
  • No Vendor Chain
  • Excellent Location
  • Tenure: LEASEHOLD - Council Tax Band: C
1 Receptions
2 Bedrooms
1 Bathrooms

Tenure: Leasehold

***** BEING SOLD WITH A TENANT IN SITU *****

Ball & Percival are pleased to offer for sale this spacious ground floor apartment with a sitting tenant currently paying £650 PCM which equates to a return on your investment of 6.2% GROSS.Benefiting from lift access to all floors, the property briefly comprises; entrance hall with generous storage, lounge with balcony, fitted kitchen, two double bedrooms, bathroom and the primary bedroom boasts a shower cubicle.Externally, the property sits in communal grounds and provides residents parking. The development is situated within walking distance of Hesketh Park and Southport Town Centre with the main shopping high street, local amenities and transport links to further afield.The communal areas of the building have had £80,000 spent on updating this year, including a new roof, new lift & outside works. No maintenance will be required. Each of the current owners have spent £10,000 on this maintenance.Viewings are highly recommended, call Ball & Percival Southport today.

Stamp Duty Calculator

You will pay
£0
• If you're a first-time-buyer in England, Wales or Northern Ireland, you will pay no Stamp Duty on properties worth up to £425,000
• This calculation assumes that the purchase of the property will NOT result in owning two or more properties.

Mortgage Calculator

Monthly Repayment
£594
The total mortgage is £112,000.
The LTV (loan to value) of this mortgage is 90%.
Contact your local branch if you have any Mortgage enquiries.

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