1-bedroom flat · FY8 3RD
Under offerListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor apartment is set within a popular development, with a range of amenities just a short drive away.
Whilst the property would benefit from some modernisation, it offers excellent potential and would make an ideal first time purchase or buy-to-let investment.
The accommodation comprises a lounge, fitted kitchen, double bedroom and bathroom. Being sold with no forward chain, early viewing is highly recommended.
Communal Entrance Secure communal front door with stairs leading to the first floor apartment.
First Floor Lounge 4.10m (13'6") x 2.72m (8'11") Secure front door, storage heater, UPVC double glazed window, telephone point and TV point. Doors leading to the following rooms.
Kitchen 2.30m (7'7") x 2.27m (7'5") Fitted with a range of base and eye level kitchen cabinets with worktops over.
Stainless steel sink with taps, plumbing for washing machine, space for under counter fridge and space for a freestanding electric cooker. Double glazed window.
Bedroom 3.34m (11') x 2.30m (7'7") Double bedroom with double glazed window to the side and electric panel heater.
Bathroom Three piece suite comprising panel bath with taps and electric shower over with shower curtain rail, low level WC and wash hand basin with taps.
Part tiled walls, extractor fan and electric wall heater. Storage Cupboard Useful storage cupboard housing the hot water immersion tank. External Allocated car parking space
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 Cottam Close, Lytham St. Annes, Lancashire
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