£90,000
St. Andrews Road South, Lytham St. Annes, FY8
- 1 bed
£90,000
- 1 bed
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Address: 133 St Andrew's Road, Lytham Saint Annes, FY8 1YB
Discover an exceptional investment opportunity at St Andrew's House, located in the highly sought-after tourist hotspot of Lytham St Anne's. This development offers five one-bedroom apartments that cater to both long-term and short-term rental markets, making it a prime choice for savvy investors.
Exceptional Investment Opportunity in Lytham St Anne's
Welcome to St Andrew's House, a prime investment opportunity in the heart of Lytham St Anne's-a location known for its stunning coastline, prestigious golf courses, and vibrant town life. Whether you're a seasoned investor or new to the market, this development offers a unique chance to secure high rental returns in an area with unparalleled demand for quality accommodation. With properties ranging from £90,000 to £105,000, and a location that promises both long-term growth and immediate income potential, St Andrew's House is the perfect addition to any investment portfolio.
Investment Highlights:
* Prices: From £90,000 to £105,000
* Type: 1-Bedroom Apartments
* Lease: 999-Year Lease with Share of Freehold
* Service Charge: Estimated at £1.50 per sqft
* Ground Rent: None
* Parking: 1 parking space per apartment, with additional visitor spaces
* Completion Time: 4 months from legal completion
* Purchase Option: Cash purchase only
Location Benefits:
* Proximity to Royal Lytham & St Anne's Golf Club: Just a 5-minute walk from the world-renowned golf club, famous for hosting the UK Open.
* Beach Access: A short 10-minute stroll to the beach.
* Town Centre: Less than 5 minutes on foot to the vibrant town centre, packed with amenities.
* Tourism Appeal: The area is in high demand, with strong short-term let potential, especially during local festivals where nightly rates have reached up to £176.
Rental Potential:
* Short-Term Lets: Lease allows short-term lets, with estimated nightly rates at £70.
* Net Yields: Achieve up to 12% NET yields.
Enquire now to receive to following:
* Development Brochure
* Availability
* Short Term Let Projections
* Images
* Floor Plan
Tenure: Leasehold (999 years)
Ground Rent: £0 per year
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