1-bedroom flat · FY8 1NP
Sold STCListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This One-bedroom retirement apartment enjoys a prime location on St Annes Promenade, just a short stroll from the beach, Fairhaven Lake and St Annes Square.
The area is well served by a wide range of local amenities including shops, cafes, medical facilities and excellent transport links, with bus and train services offering easy access to Lytham, Blackpool and beyond.
The accommodation briefly comprises: entrance hall, spacious lounge, fitted kitchen with sea views, double bedroom with fitted furniture and a bathroom.
Residents benefit from excellent communal facilities including a lounge, laundry room, lockable storage, beautifully maintained gardens, and the services of an on-site house manager-providing a secure and comfortable environment ideal for retirement living.
Entrance Hall Carpeted flooring with pendant lighting. Doors lead through to the following; Utility Room Useful utility space housing the electric systems and water tank.
Wall light and carpeted flooring with useful storage space.
Bathroom Fitted with a bath featuring stainless steel twin taps and a stainless steel shower head, wash hand basin with twin taps and a low-level WC with handle flush.
Fully tiled walls, wall light and pendant lighting. Built-in storage cupboards beneath the sink. Dehumidifier installed. Carpeted flooring.
Bedroom Carpeted flooring, radiator and pendant lighting. Built-in wardrobes providing lots of storage, with a window to the side elevation allowing natural light.
Living/Dining Room A bright spacious living area with carpeted flooring, radiator and two pendant lights.
Feature fireplace with marble hearth and wooden surround with double doors leading into the kitchen. Double glazed doors open directly onto the south west facing balcony.
Kitchen Fitted with a range of integrated cupboards and units, incorporating an Electrolux oven, Electrolux hob and extractor fan.
Stainless steel sink and drainer with mixer tap, tiled splashback and vinyl tiled flooring. Plumbing for fridge and freezer. Window to the side elevation and pendant lighting.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About South Promenade, Lytham St. Annes, FY8
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