1-bed apartment for sale, 60 m²

Preston

1 bedroom1 bathroom

113.583 €

1.894 €/m²

Listed Nov 9, 2026

About this listing

Tenanted investment producing £8,760 PA | 9%+ gross yield | One-bedroom fifth-floor apartment | Huge 6-metre private balcony | Allocated underground parking | 970-year lease | Southport town centre Investment Opportunity – Tenant in Situ | 9%+ Gross Yield | Large Private Balcony An excellent opportunity to acquire a tenanted one-bedroom apartment within the sought-after 188 Lord Street development, right in the heart of Southport town centre. Producing £730 per calendar month (£8,760 per annum), the property offers an attractive investment opportunity with an established tenant already in occupation. Situated on the fifth floor, the apartment benefits from a particularly generous private balcony extending to approximately 6 metres in length, allocated underground parking and a secure, lift-served development. The accommodation briefly comprises an entrance hallway, spacious lounge/dining room, fitted kitchen, double bedroom and bathroom. The large balcony provides excellent additional outdoor space, enjoying a pleasant aspect towards the internal courtyard and neighbouring church. Further benefits include: - Tenant in situ – rental income from completion - Current rent of £730 PCM (£8,760 PA) - Gross yield of approximately 9.2% at £95,000 - Generous private balcony measuring approximately 6 metres - Allocated secure underground parking - Fifth-floor position with lift access - Secure communal entrance - Quiet courtyard-facing aspect - Approximately 970 years remaining on the lease - Service charge of £1,652.30 per annum Ideally positioned for Southport's shops, restaurants, transport links and wider town-centre amenities, this is a particularly appealing proposition for investors seeking an established rental property with several desirable features. Offered at Offers Over £94,950. Early viewing is recommended. DISCLAIMER: Photos and Floorplans are for guidance only.

What's included

Balcony

Parking

Location

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Listed on

Rightmove

113.583 €