Block of flats

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Block of flats

Avondale Road North, Southport PR9
£370,000

Price History

Initial price £480,000
29/01/25 £465,000
13/02/25 £450,000
04/03/25 £445,000
14/03/25 £400,000
21/03/25 £395,000
28/03/25 £390,000
05/04/25 £385,000
11/04/25 £380,000
17/04/25 £375,000
23/04/25 £370,000
Price Change -22.92%

Description

This portfolio of 5 self-contained flats in Southport offers a fantastic investment opportunity for investors seeking a steady and rewarding return. The property, located in a quiet residential area just a short distance from the town center, seafront, and popular tourist attractions, features a well-maintained garden and presents an exciting future opportunity as an Airbnb to significantly multiply income in a high-demand area. The properties currently produce an annual gross income of £40,620, which could be increased to a market rate of £48,000 with tenants currently situated, making for a worthwhile addition to an investor's property portfolio. With a purchase price that offers a strong potential for returns, this property is an excellent opportunity for investors looking to grow their portfolio.