Scarisbrick New Road, Southport, PR8 6QE

Located in a desirable residential neighborhood and conveniently close to the shops and amenities of Southport town center, this substantial detached property boasts significant investment potential as it has been converted into four self-contained flats. The property includes three well-sized two-bedroom apartments that are currently generating rental income through Assured Shorthold Tenancies, alongside a lower ground one-bedroom flat that requires refurbishment. This presents a unique chance to enhance the overall value of the property by updating the lower flat for future rental or resale opportunities. Each upper flat features spacious living areas and two double bedrooms, all secured under private leases with an impressive remaining term of 108 years from a 125-year lease initiated in 2008. The exterior is complemented by front and rear gardens that not only improve the aesthetic appeal but also provide outdoor space attractive to tenants. Positioned just 0.7 miles from Southport Rail Station, residents will benefit from excellent transport links, making this property appealing for both renters and investors alike.