2-bedroom flat · FY8 2SU
Sold STCReduced £5k (−5.6%) on 24 MayListed 209 days
Opportunity summary
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About
A well-presented third-floor retirement apartment, ideally positioned just moments from the beach and enjoying pleasant open views.
Offered with no onward chain, the property is conveniently located close to local shops, excellent transport links, and motorway access.
The accommodation comprises two bedrooms, a bright and spacious lounge, a fitted kitchen, and a three-piece bathroom.
A standout feature is the west-facing balcony, offering lovely sea views—perfect for enjoying the afternoon and evening sun.
Residents benefit from a range of on-site facilities, including a house manager, lift access to all floors, well-maintained communal gardens, a residents’ lounge with kitchen, a communal laundry room, and a guest suite for visitors.
The property also includes a garage.
EPC Rating: C Communal Entrance - Communal entrance door leading into; Communal Hallway - Doors leading the ground floor apartments, laundry room, communal WC, stairs and lift leading to the upper floors, at the end of the communal hallway is the house managers office, communal lounge & kitchen with dining space.
Entrance To Apartment 62 - Entrance gained via solid timber door leading into; Hallway - Entry phone system, warden alert system and pull cord, cupboard housing the fuse box, electric meter and hot water cylinder which also provides storage space, fitted cupboard providing further storage space, wall mounted storage heater, doors leading to the following rooms; Bathroom - 1.68m x 2.16m at widest point (5'6 x 7'1 at widest - Three piece suite comprising of; bath with overhead electric shower, vanity wash hand basin and WC, two wall mounted electric heaters, wall mounted heated towel rail, fully tiled walls, wall mounted mirror with overhead strip light and electric shaving point, coving.
Lounge - 5.31m x 3.48m at widest point (17'5 x 11'5 at wide - Large UPVC double glazed window to the side, large wall mounted storage heater, decorative wooden fireplace with marble backdrop, warden alert pull cord, three wall mounted lights, television and telephone points, wall mounted mirror, coving, set of doors with single glazed inserts leading into; Kitchen - 2.72m x 1.73m (8'11 x 5'8) - UPVC double glazed window to the side, good range of wall and base units, wooden work surfaces, enamel sink and drainer, overhead illuminated extractor hood, integrated appliances include; 'Whirlpool' induction hob and fridge freezer, plumbed for a washing machine, wall mounted heater, part tiled walls, coving.
Bedroom Two - 3.20m at widest point x 2.84m (10'6 at widest poin - Large UPVC double glazed window to the side, wall mounted storage heater, warden alert pull cord, set of wall lights, coving.
Bedroom One - 6.55m at widest point x 2.82m (21'6 at widest poin - Large UPVC double glazed window to the front, UPVC double glazed window to the side, wall mounted storage heater, fitted wardrobes with matching drawers and cupboard, coving, UPVC door with double glazed glass inserts leading out to the balcony.
door leading into; En-Suite Wc - 1.78m x 1.09m (5'10 x 3'7) - UPVC double glazed opaque window to the side, two piece suite comprising of; WC and pedestal wash hand basin, part tiled walls, wall mounted electric heater, wall mounted heated towel rail, wall mounted mirror with strip light above, wall mounted mirror fronted cabinet, coving.
Balcony - Spacious West facing balcony with tiled flooring and plentiful space for table and chairs, perfect for enjoying the afternoon/evening sun.
Outside - Laid to lawn communal gardens to the rear of the property. There are also off road parking spaces and garages to the side.
Other Details - Tenure: Leasehold - Length of Lease 94 Years from 1994 Maintenance Charge: £3,717.92 Ground Rent: £290.00 per annum £366.60 per annum for the garage Number of years left on the lease: 63 Council Tax Band: C
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 Clifton Drive North, Lytham St. Annes
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