We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · FY8 1HZ
Sold STCListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
STUNNING TWO BEDROOM GROUND FLOOR APARTMENT SITUATED CLOSE TO THE SEA FRONT, INCLUDES TWO BATHROOMS, DRIVEWAY, GARAGE, OUTBUILDING, PRIVATE GARDENS TO THE FRONT AND REAR, SPACIOUS ROOMS THROUGHOUT!.
RARELY DO APARTMENTS LIKE THIS COME TO MARKET! Unique are delighted to offer this beautiful property to the open market! Welcome to Riley Avenue! A popular and highly sought after location in St.
Annes situated very close to the sea front, local amenities and transport links, and just a short distance to St. Annes town centre.
The apartment is located on the ground floor in a converted block of two flats.
There is a communal porch and then the flat itself comprises of a hallway, a dual aspect large double bedroom with bay window, another bay fronted double bedroom with an en-suite with shower, toilet and basin, another shower room off the hallway with double shower, basin and toilet, a good sized living room with fireplace and French doors to the rear and a spacious kitchen/diner with contemporary units and worktops.
Every room is well proportioned and in superb condition!
Externally, there is a private lawned garden to front, driveway for multiple cars down the side leaving to the brick built garage, part lawned, part paved rear garden with a brick outbuilding.
Rarely do apartments have so much private outdoor space! So whether you are looking for a permanent residence or maybe just a holiday home by the sea, this property is a must view!
Hallway - 1.04 x 3.99 m (3′5″ x 13′1″ ft) Bedroom - 4.52 x 3.95 m (14′10″ x 12′12″ ft) Bedroom - 4.51 x 3.55 m (14′10″ x 11′8″ ft) En-Suite - 1.3 x 1.84 m (4′3″ x 6′0″ ft) Bathroom - 1.94 x 1.54 m (6′4″ x 5′1″ ft) Living Room - 3.92 x 4.25 m (12′10″ x 13′11″ ft) Kitchen Diner - 3.93 x 3.89 m (12′11″ x 12′9″ ft)
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 5 Riley Avenue, Lytham St. Annes, FY8
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