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Park Road, Southport, PR9 9JP

North West

£95,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom ground floor apartment presents a noteworthy opportunity for investors or those looking to personalize a space in a convenient location near Southport Town Centre and Churchtown. The property is currently in need of modernization, providing a blank canvas for creative renovation and improvement. Upon entering, you are greeted by an entrance hall that offers functional space for coats and everyday items. This area can be transformed to enhance the overall welcome of the home with thoughtful updates. The living room is spacious and features a large UPVC window that invites ample natural light throughout the day. While it requires refurbishment, this generous space allows for various design possibilities catering to modern aesthetics. Adjacent to the living room, the kitchen comes equipped with wall and base units, offering potential for an efficient layout suitable for culinary endeavors. The presence of another UPVC window ensures good illumination, while the area’s size means there’s enough room to incorporate a small dining table—a perfect spot for casual meals. The bathroom features ventilation through a UPVC window and can accommodate standard fittings. With renovation, it offers great potential to create a fresh and contemporary space tailored to personal preferences. The master bedroom overlooks the rear of the property and includes built-in wardrobes, though it too is in need of updating. This provides an excellent chance to craft a personal retreat with tailored finishes. Similarly, the second bedroom faces the rear as well, featuring ample layout options that could benefit from modernization. Externally, residents will appreciate access to communal gardens at both the front and back of the building—ideal spots for relaxation amidst greenery. Additionally, a garage accompanies this property, offering secure parking or extra storage space. For those looking at long-term investment potential or simply wishing to create a home suited to their style, this apartment's needs present an opportunity to increase its value through renovation. The lease extends for 949 years from March 1972, with minimal ground rent and manageable service charges further supporting its appeal as an investment.

Investment Analysis

(PR9 area)
Area Average
£204/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.3%
Monthly Sales
32
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PR9)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 4.4%
5 year growth: 17.0%
Investment Disclaimer: Analysis based on PR9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Park Road, Southport, PR9 9JP
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