2-bedroom house · PR9 9LR
For saleReduced £29.9k (−15.8%) on 24 MayListed 206 days
Opportunity summary
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About
NO CHAIN - A spacious first floor purpose built luxury retirement apartment overlooking Hesketh Park and for residents over the age of 60.
The apartment forms part of an attractive, modern development with 24 hour staffing on site, 7 days a week and domestic assistance, if required.
There are Housing Managers available on site, covering 5 days a week with emergency alarm call facilities for out of hours support.
This apartment is located to the corner which faces Hesketh Park with accommodation comprising Private Hall, open plan corner Living/Dining Room with fitted Kitchen and Juliet balcony, two Bedrooms (one also with Juliet balcony) and "Jack and Jill" en Suite Wet Room.
The development stands in established, landscaped gardens incorporating resident and visitor car parking.
There are excellent communal facilities including a cafe bistro for lunch; a hair salon; guest suite (subject to availability); buggy store with charging facilities and various social events for the residents which are organised through the week.
Located directly opposite Hesketh Park, the location forms part of a popular and sought after residential area, conveniently placed for access to the many amenities of Churchtown Village together with Lord Street and Southport town centre.
Ground Floor: Communal Entrance: with staircase and lift to all floors First Floor: Private Hall Corner Lounge/Dining/Kitchen - 8.03m overall x 3.66m overall (26'4" x 12'0") Bedroom 1 - 4.01m x 2.72m (13'2" x 8'11") En-Suite Wet Room - 2.72m x 2.16m (8'11" x 7'1") Bedroom 2 - 3.38m x 2.57m (11'1" x 8'5") Communal Facilities: There is a residents lounge and a cafe bistro, a hair salon and Manager's office for enquiries .
Further facilities include a guest suite, conveniently placed car parking, landscaped communal gardens and buggy store with recharging facilities.
Tenure: Leasehold Service Charge: Payable a month in advance there is a charge of £779.09 per month service charge that covers communal cleaning and maintenance, external window cleaning, water and sewerage, buildings insurance and estate management.
It also covers the costs of heating, lighting and water for the communal areas, plus the heating, water and hot water in the apartments.
Wellbeing Charge: This amounts to £457.86 per month to include 24 hour staffing on site, help in an emergency and the co-ordination of activities and events programme.
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Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Park Crescent, Hesketh Park, Southport
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