2-bedroom flat · FY8 1XD
For saleListed 104 days
Opportunity summary
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About
****WELL PRESENTED SECOND FLOOR CONVERTED APARTMENT IN HIGHLY CONVENIENT LOCATION - NO CHAIN - CLOSE TO LOCAL SHOPS, TRANSPORT LINKS, ST ANNES TOWN CENTRE AND SEA FRONT - TWO BEDROOMS - LOUNGE - THREE PIECE BATHROOM - KITCHEN - OFF ROAD PARKING SPACE - EPC rating: D - PERFECT FOR A BUY TO LET INVESTOR OR FIRST TIME BUYER**** Communal Entrance - Entrance gained via composite door which leads into; Entrance Vestibule - Entry door system, decorative tiled flooring, cupboard housing the meters, door leading into; Communal Hallway - Wood effect laminate flooring, coving, stairs leading up to the first floor landing.
Entrance To Flat 3 - Wooden door leading into flat 3. Entrance Vestibule - Wood effect laminate flooring, stairs leading up to the second floor landing.
Second Floor Landing - Split level landing with Velux window to the side, cupboard housing the fuse box, wall mounted electric panel heater, loft hatch, doors to the following rooms; Bedroom Two / Office - 3.05m x 1.52m (10' x 5') - Velux window to the side, wood effect laminate flooring, spotlight.
Bathroom - 2.95m x 1.50m (9'8 x 4'11) - Three piece white suite comprising of; bath with overhead electric shower, pedestal wash hand basin and WC, part tiled walls, cupboard housing immersion tank which also provides storage space, vinyl flooring, wall mounted electric panel heater, wall mounted mirror, Velux window to the rear.
Bedroom One - 4.27m x 2.29m (14' x 7'6) - Large Velux window to the front, wood effect laminate flooring.
Lounge - 5.23m x 2.90m (17'2 x 9'6) - UPVC double glazed window to the front, marble effect hearth housing freestanding electric living flame effect fire, television and telephone points, wood effect laminate flooring.
The lounge opens up to; Kitchen - 3.07m x 1.70m (10'1 x 5'7) - Good range of wall and base units, laminate work surfaces, stainless steel sink and drainer, tiled to splash backs, overhead illuminated 'Neff' extractor hood, space for fridge freezer, plumbed for washing machine, two Velux windows to the rear, vinyl flooring.
Other Details - Tenure: Leasehold - approximately 845 years remaining Council Tax Band: A
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 St. Albans Road, Lytham St. Annes
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