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28 Part Street, Southport, PR8

North West

£299,950
Listed on 15/05/2026

Property Details

Bedrooms
4
Type
Residential Development
Area
3083 sqft

Description

This sizable semi-detached Victorian residence is currently configured as six self-contained flats, spread over three levels. The property comes with full vacant possession and presents an exciting opportunity for a comprehensive refurbishment and modernization project. Ideal for builders or investors looking to capitalize on rental demands in a prime location, this building features spacious rooms, high ceilings, and many original period details that can be preserved or enhanced. Several units possess adaptable layouts that allow for creative reconfiguration and upgrades, subject to necessary permissions. Located close to Southport Town Centre, the property is positioned well to attract tenants seeking quality accommodation. Externally, it boasts a prominent façade, off-road parking facilities, and side access. The extensive size of the property offers considerable potential for increasing value through strategic renovations. Additionally, there is a substantial basement accessible from the exterior which could serve as valuable storage space or be further developed with the right approvals. A lawned garden at the rear adds to the property's appeal. This asset has potential pathways for refurbishment and retention as rental units or resale after enhancement.

Investment Analysis

(PR8 area)

Below Market Value

This property is priced -56.2% below area average per sq ft

-56.2%
Potential saving
This Property
£97/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£753,716
10% above area average per sq ft
Potential ROI
+79.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PR8)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -0.8%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on PR8 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.

Location

28 Part Street, Southport, PR8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £224,962 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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