Promenade, Southport, PR9

North West

£70,000

Listed on 08/06/2026

Property Details

Bedrooms

Type

Apartment

Area

530 sqft

Description

This second-floor one-bedroom flat boasts impressive views over Marine Lake, providing a serene backdrop for those looking to invest in a property with renovation potential. While it requires modernisation throughout, this space offers an excellent opportunity for investors or first-time buyers to create a customized living environment. The apartment includes a spacious living room with a bay window that accentuates the waterfront panorama, along with a separate kitchen, double bedroom, and bathroom—each area ripe for enhancement. Located on the desirable Promenade in Southport, residents will enjoy close proximity to the vibrant town centre filled with shops, dining options, and recreational activities. With great transport links available, this property represents a compelling chance to develop a unique coastal home.

Investment Analysis

(PR9 area)

Below Market Value

This property is priced -36.8% below area average per sq ft

-36.8%

Potential saving

This Property

£132/sq ft

Area Average

£209/sq ft

Avg Rent (weekly)

£188

Avg Yield

4.1%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£15,000 - £25,000

Target Value

£121,905

10% above area average per sq ft

Potential ROI

+28.3%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

11%

Properties sold annually

Local Market Trend (PR9)

Area prices are stable by -1.4% over the last 12 months

3 year growth: +5.1%

5 year growth: +13.8%

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.

Location

Promenade, Southport, PR9

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£264

Based on a loan of £52,500 over 30 years at 4.45% 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.