4 × 1-bed flat · FY8 1LE
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**freehold, attention investors - approx 10% yield.... 4 modernised flats, all with A minimum EPC rating of C, sold with tenants in situ, excellent location in st.
Annes close to the sea front, 2 self contained garages to the rear...Unique are delighted to offer this property to the open market ** This is a ready made investment, it is very much a turn key opportunity.
Every flat in the block has a modern kitchen and modern bathroom.
All of the EPC ratings are Band C, which means they can continue to be let out once the new government mandate comes into force in 2025.
The property is also fully compliant with electrical and gas safety. Gas Central heating, along with newly installed modern electric heaters.
Welcome to Victoria Road, this block of four 1 bedroom flats is situated in a highly sought after area just off Clifton Drive South, perfectly positioned for local amenities, transport links and the sea front.
Full description - Flat 1 - Current Rent - 625PCM A large ground floor flat, door opens on to modern fitted kitchen, large lounge diner with views over the rear garden.
Double bedroom, modern shower room. Access to to private rear garden.
Flat 2 - Current Rent - £595PCM Modern 1 bedroom first floor flat, door opens on to lounge this over looks the rear garden, modern kitchen, double bedroom, modern shower room.
Flat 3 - Current Rent - £595PCM Superb duplex apartment, with access from the ground and first floor. To the first floor door opens on to a stunning open plan kitchen lounge with dining area.
Bay window to front elevation facilitates a view to the sea front. Stairs lead down to the double bedroom, bay window to front elevation. Modern shower room.
Flat 4 - Current Rent - £495PCM 2nd floor flat, door opens on to a modern kitchen open plan to lounge, double bedroom, modern shower room.
Externally there is a pathway which leads to front door, flanked by various mature shrubs. The rear garden is both private a fully enclosed.
There are also 2 self contained garages, which could be included in the rent or let out separately.
Approx rental value - £150PCM Flat 1 Lounge (4.9m x 4.0m) Flat 1 Kitchen (3.8m x 2.3m) Flat 1 Bedroom (3.6m x 3.1m) Flat 1 Bathroom (2.2m x 1.6m) Flat 2 Lounge (4.3m x 4.0m) Flat 2 Kitchen (3.1m x 2.8m) Flat 2 Bedroom (3.1m x 3.0m) Flat 2 Bathroom (2.2m x 1.0m) Flat 3 Kitchen Lounge (6.1m x 4.2m) Flat 3 Bedroom (4.5m x 4.1m) Flat 3 Bathroom (2.2m x 1.3m) Flat 4 Kitchen Lounge (6.0m x 3.7m) Flat 4 Bedroom (3.2m x 3.0m) Flat 4 Bathroom (1.8m x 1.1m)
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 29, Victoria Road, Lytham St. Annes
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