43, St Albans Road, Lytham St Annes, Lancashire, FY8 1TG

43 ST ALBANS ROAD, LYTHAM ST ANNES, LANCASHIRE, FY8 1TG Asking Price: £220,000 Freehold Block of Three Self-Contained Apartments | Large End-Terrace | 9% Gross Yield Fully Let AT A GLANCE Gross yield fully let: 9.0% | Projected annual income: £19,800 | Current passing income: £12,600 pa | Two sitting tenants plus one apartment newly vacant A HIGH-YIELDING BLOCK IN A PREMIER COASTAL LOCATION 43 St Albans Road is a substantial end-terrace property arranged as three self-contained apartments, offered for sale as a single investment lot in the ever-popular seaside town of Lytham St Annes.

With two sitting tenants already in place and the third apartment just becoming vacant, the block offers the best of both worlds: secure income from completion, plus the immediate opportunity to let the vacant apartment and drive the gross yield to a highly attractive 9%.

For an investor, multi-unit blocks of this kind offer built-in resilience that single lets cannot match.

With three separate income streams under one roof, a void in any one apartment still leaves two-thirds of the income flowing – and demand for well-located apartments in Lytham St Annes remains consistently strong.

THE NUMBERS Asking price: £220,000 Ground floor two-bedroom apartment: £550 pcm (tenanted) First floor two-bedroom apartment: £600 pcm expected (vacant – ready to let) Top floor one-bedroom apartment: £500 pcm (tenanted) Current passing income: £1,050 pcm / £12,600 per annum Fully let income: £1,650 pcm / £19,800 per annum Gross yield on current income: 5.7% Gross yield fully let: 9.0% A 9% gross yield significantly outperforms typical single-let buy-to-let returns and comfortably exceeds returns from savings and most income-producing assets, while the underlying bricks-and-mortar – a large end-terrace in an established coastal town – provides a solid foundation for long-term capital growth.

THE APARTMENTS Apartment 1 – Ground Floor: A well-proportioned two-bedroom apartment. Let to a sitting tenant at £550 pcm. EPC Rating: D.

Apartment 2 – First Floor: A two-bedroom apartment, just becoming vacant and ready for immediate re-letting at an expected £600 pcm.

A blank canvas for the incoming landlord to select their own tenant at full market rent. EPC Rating: C. Apartment 3 – Top Floor: A self-contained one-bedroom apartment.

Let to a sitting tenant at £500 pcm. EPC Rating: D.

KEY FEATURES Three self-contained apartments within one substantial end-terrace property; 9.0% gross yield when fully let – £19,800 per annum; two sitting tenants providing £12,600 per annum from day one; newly vacant two-bedroom apartment offering instant uplift to full income; diversified income – three tenancies under one roof reduces void risk; sought-after Lytham St Annes location with proven, year-round rental demand.

LOCATION – LYTHAM ST ANNES Lytham St Annes is one of the Fylde Coast's most desirable addresses, renowned for its beaches, championship golf courses, independent shops and thriving café culture.

St Albans Road sits close to St Annes town centre, with the seafront, promenade and pier within easy walking distance.

St Annes-on-the-Sea railway station offers direct services to Preston and connections across the North West, while the M55 provides swift access to the motorway network.

The town's enduring appeal to professionals, downsizers and retirees alike underpins dependable, year-round tenant demand across all three apartment types.