Scarisbrick Avenue, Southport
Flexi-Agent logo

Scarisbrick Avenue, Southport

By Flexi-Agent

£ 200,000

Reviews

2 out of 5 stars

Flexi-Agent says ..

***********************AVAILABLE FOR PURCHASE WITH NO ONWARDS CHAIN******************************** A FANTASTIC OPPORTUNITY INVESTMENT WITH A SHOP ON THE GROUND FLOOR AND THREE SEPARATE APARTMENTS ABOVE. EXCELLENT OPPORTUNITY FOR A 11.5% CIRCA YIELD! This property is locate...

Property Oracle says ..

This property in Southport, Merseyside presents a mixed bag of opportunities and challenges. Situated on Scarisbrick Avenue, it benefits from its proximity to Southport’s amenities and transport connections. However, the property itself requires considerable investment to reach a modern standard of living.

The exterior image shows a brick building with a relatively maintained front that suggests character and architectural charm of the building. However, several images indicate an interior that is in need of significant updating and possibly repair. The kitchen and bathrooms present dated fixtures and fittings, carpets are worn in the living areas, and some areas appear to show signs of disrepair, such as peeling paint and exposed pipes. Furthermore, there is a visible lack of external space. This limits the appeal for buyers looking for a garden or outdoor area.

The property includes a ground-floor shop, currently cluttered with items and appears to require considerable work. The basement appears particularly dilapidated with extensive damage to walls and floors. Images show a degree of clutter and general disarray throughout the property. The structural integrity of the basement particularly needs to be investigated before making any decisions on the building.

Overall, the property’s value hinges largely on its redevelopment potential. While the location offers certain advantages, its current state makes it a high-risk high-reward project that would require significant capital and effort to restore. Potential buyers should seek professional surveys to assess the scale of renovation work and structural integrity before making any investment decisions. It is also very important to investigate the business opportunities that could come with the ground floor retail space.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
3
Bathrooms
3
Sqft (est)
2,336.85

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
337,276.00 £
Decreased by 6.99 %
from 362,631.00 £
Est sale value
731,434.05 £
Increased by 9.06 %
from 670,675.95 £
Average area rental value
7,147.00 £/mo
Increased by 653.90 %
from 948.00 £/mo
Est letting value
14,021.10 £/mo
from 0.00 £/mo
Est rental Yield
25.43 %
Increased by 709.87 %
from 3.14 %
Crime Rate
55.00 %
Unchanged by 0.00 %
from 55.00 %

Agent Activity

  • Flexi-Agent created the listing.

Nearby Schools

NameTypeOfstedDistance
Southport CollegeFurther EducationGood1.20 KM
Parenting 2000 Children'S CentreChildren's Centre Linked Site1.26 KM
Holy Trinity Church Of England Primary School, SouthportAcademy Converter1.32 KM
Linaker Primary SchoolCommunity SchoolRequires improvement1.34 KM
Linaker Children'S CentreChildren's Centre1.36 KM

Images

External External Kitchen Living Room Bathroom Living Room Bedroom WC Living Room Bedroom Bathroom Bedsit Kitchen Bathroom Basement Storage External Shop Shop Basement Storage Basement Storage Rear External

Nearby Streets

NameAverage PriceAverage SqftDistance
Bank Passage £ 000.00 KM
Hodge Street £ 000.00 KM
Marine Parade £ 000.00 KM
Lord Street £ 150,00000.00 KM
Albert Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Southport2262SOP0.71 KM
Birkdale2352BDL1.70 KM
Hillside2231HIL3.40 KM
Meols Cop2357MEC3.63 KM
Ainsdale2350ANS6.36 KM

Nearby Listings

AddressPriceTypeScoreDistance
Washington Court, 23 Promenade, Southport, Merseyside, PR8 £ 260,000BUY7 / 100.05 KM
Radley Court, Promenade, Southport, PR8 £ 220,000BUY6 / 100.07 KM
Promenade, Southport £ 275,000BUY5 / 100.08 KM
West End Terrace, Southport, Merseyside, PR8 1QR £ 275,000BUY6 / 100.11 KM
Promenade, Southport £ 215,000BUY5 / 100.15 KM

Nearby Properties

AddressPriceDistance
33 Promenade £ 250,0000.07 KM
28 Promenade £ 199,5000.07 KM
32 Promenade £ 227,0000.07 KM
51 West Street £ 41,0000.09 KM
45 West Street £ 157,0000.09 KM