2-bedroom flat · FY8 5TR
Listing removedListed 90 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented, this spacious ground-floor apartment boasts two generous double bedrooms, a well-appointed bathroom, and two storage rooms providing ample storage solutions.
Also a large lounge offering plenty of space for relaxation and entertainment, and a modern fitted kitchen. The property also includes private parking for residents.
Located in the desirable Lytham Quays development, this apartment is situated next to ‘The Green’ and is within walking distance of Lytham Town Centre.
Entrance Hall Enter into a spacious hallway featuring laminate flooring, a pendant light, wall mounted intercom phone, and two storage cupboards, one of which houses the hot water cylinder.
Doors to the following rooms.
Lounge Lounge - Featuring laminate flooring and a pendant light, this room boasts a front-facing UPVC double glazed bay window, a side-facing bay window, and a second side facing window.
It includes an electric radiator and a door leading to the kitchen.
Kitchen Modern fitted kitchen featuring a range of wall and base units with contrasting laminate work surfaces, tile splashback, and under-cabinet lighting.
Includes a stainless steel wash basin with mixer tap and drainer, AEG oven, induction hob, overhead extractor fan, AEG dishwasher, integrated fridge freezer, and AEG washer dryer.
Ceiling lights, wall-mounted electric heater and side facing UPVC double glazed window.
Bedroom One Spacious double bedroom with front facing UPVC double glazed window, laminate flooring, pendant light and electric radiator.
Bedroom Two A second well sized bedroom with a front facing UPVC double glazed window, laminate flooring, pendant light and electric radiator.
Bathroom Bathroom suite featuring a wall-mounted wash basin with a mixer tap and vanity, a WC with a push-button flush, and a bath with a plumbed shower over and twin taps.
It has tiled flooring and tiled walls to the shower area, along with an extractor fan, ceiling light, and wall-mounted electric heater.
Additional Information Tenure - Leasehold on a 999 year lease from 2008.
Maintenance Charge - £285 per quarter approx Ground Rent - £200 per annum approx Lytham Quays Charge - £388 per annum approx Disclaimer You may download or store this material for your own personal use and research.
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Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Merton Terrace, Lytham St. Annes, FY8
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