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1 bed Flat For Sale £110,000
The Residences, Hall Street, Southport PR9


Description
Fabulous Buy To Let Opportunity. Ideal For The Investment Buyer. Currently Achieving An Excellent Yield. Fully Managed Service Available. Exciting New Development. Communal Roof Top Gardens and Residents Gym. Conveniently Situated for Southport Town Centre.

This apartment would be ideal for the first time buyer or as a buy to let opportunity. Affording modern, open plan living conveniently situated for the Southport Town Centre.

Based on the current sales price and achievable rents the expected rental yield for this flat would be in the region of 6-7% with a current monthly rental of £575. A fully managed service is available for purchasers by the experienced property professionals at European House.

The average rental yields at European House are well above the average returns on residential investment property in the UK. These modern fully furnished apartments are provided with a large, communal roof top garden, a resident's gym and allocated off road car parking. The fully managed property service includes advertising, tenant finding, referencing and managing tenants for the full duration of the tenancy, quoting and arranging property repairs and ensuring the properties remain fully rental compliant.

Communal Entrance

Entry phone and key-coded entry system. Communal entrance hall with stairs and lift to first floor and sky terrace.

Entrance Hall

Built in wardrobe including vanity mirrored frontage and hanging space and shelving. Entry phone handset and open plan access leading to lounge/kitchen diner and partician to bedroom.

Lounge/Dining Kitchen

10'11" x 13'11" 3.33m x 4.24m ovearll measurements
Upvc double glazed window, open plan with kitchen diner and living space. The kitchen includes a range of built-in base units with cupboards and drawers, wall cupboards and working surfaces. Single bowl sink unit with mixer tap and drainer. Appliances include electric oven with four ring ceramic style hob and wall cupboard housing 'Feroli' combination style central heating boiler system. Recessed spot lighting.

Bedroom

8'5" x 7'3" 2.57m x 2.21m
Open plan via partician to lounge/living dining area.

Bathroom

6'3" x 6'4" 1.91m x 1.93m
Three-piece modern white suite including panel bath with central mixer tap and shower attachment. Low-level Wc and vanity wash hand basin with mixer tap, tiled walls, flooring and ladder style towl rail. Recessed spotlighting and extractor.

Communal Gym

Communal gym with the latest equipment including weights, treadmills and spin bikes.

Sky Garden

Stairs to leads to the 'Sky Garden', a communal rooftop terrace for the use of all residents with sunloungers and picnic table.

Outside

Bike store. Allocated car parking space.

Service Charge

We understand the day-to-day running of the development is managed by "Fireguard Developments ltd" and the current service charge is £30 per month. (subject to formal verification)

Tenure

We understand the property to be leasehold for the remainder of a term of 999 years with a ground rent of £200 per year. (subject to formal verification)

Council Tax

Sefton mbc, Council Tax Band A.

Follow the link for more information:
        
zoopla.co.uk

  
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