3-bedroom flat · FY8 5RB
For saleListed 209 days
Opportunity summary
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About
*****DECEPTIVELY SPACIOUS AND WELL PRESENTED FIRST FLOOR APARTMENT IN A DELIGHTFUL RESIDENTIAL LOCATION IN THE HEART OF LYTHAM - CLOSE TO LYTHAM GREEN, SEA FRONT, BARS, RESTAURANTS AND AMENITIES - THREE BEDROOMS - LARGE LOUNGE - CONTEMPORARY KITCHEN AND BATHROOM - Energy Rating: D**** Communal Entrance - Solid timber traditional communal entrance door leads into; Communal Porch - Letterboxes, stairs lead to the first floor.
First Floor Entrance To Apartment Two - Traditional timber panelled main entrance door with opaque glass inserts leads into; Hallway - Built in storage cupboard, two radiators, telephone point, doors lead into; Bedroom Three/Study - 3.38m x 1.98m (11'1 x 6'6) - UPVC double glazed window to front, built in storage cupboards, radiator.
Lounge - 5.74m into the bay x 4.27m into the alcoves (18'10 - Large main reception room with large UPVC double glazed walk in bay window to front allowing an abundance of natural light, original features include; skirting boards, picture rail coving and feature fireplace with stone hearth, TV point, telephone point, two radiators.
Bedroom One - 4.78m x 4.45m into alcoves (15'8 x 14'7 into alcov - Large principle bedroom with UPVC double glazed window to rear, original features include; skirting boards and coving, double radiator, telephone point.
Bedroom Two - 4.70m into alcoves x 3.84m to the widest point (15 - UPVC double glazed window to side, double radiator, original cast iron feature fireplace with tiled backdrop and hearth, feature opaque window onto hallway, TV point, telephone point.
Bathroom - 3.05m x 1.96m (10'0 x 6'5) - Two sets of UPVC double glazed opaque windows to side, four piece contemporary white suite comprising of; large shower cubicle with overhead electric shower, large bath with shower attachment, pedestal wash hand basin, WC, vinyl flooring, two sets of built in storage cupboards (one houses the boiler), double radiator, recessed LED spotlights, extractor fan.
Breakfast Kitchen - 4.09m x 3.71m (13'5 x 12'2) - Large bright breakfast kitchen with UPVC double glazed windows to side and rear, comprehensive range of contemporary fitted wall and base units with wood effect laminate work surfaces and under unit lighting, tiled to splash backs, one and a half bowl stainless steel sink and drainer, integrated appliances include; electric oven, four ring halogen hob with overhead illuminated extractor, fridge freezer, dishwasher, washing machine, wood effect vinyl flooring, double radiator, two sets of double plug sockets both with USB charger points, coving.
Other Details - Tenure: Leasehold 875 years left on the lease Maintenance Costs: Split three ways between the owners Ground Rent: £25.00 Council Tax Band: C Energy Rating: D Communal front garden with small lawn and shrubs and plants to the borders Plenty of on street parking available.
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 West Bank Avenue, Lytham St. Annes
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