Clifton Drive South, Lytham St. Annes, FY8

*** AWARD WINNING PROPERTY, EXCEPTIONAL INVESTMENT OPPORTUNITY, EXCLUSIVE LOCATION ON CLIFTON DRIVE SOUTH, 5 RENOVATED SELF CONTAINED FLATS, BASEMENT AND 2 x DOUBLE GARAGES.... This property offers a turn key investment opportunity. The property currently has a mixture of holiday lets and long term tenants ***

Exceptional opportunity, offering 10% yield against the current asking price. The property also offers scope to increase this yield with the current business configuration. 

Welcome to Clifton Drive South, located on a prestigious road close to the sea front and St. Annes Town Centre. The property has recently been renovated and offers 3 brand new flats, they have been modernised to a high standard throughout. The other 2 flats are very well presented too and are currently let on AST tenancy agreements. In addition to the flats, there is a full basement and 2 x double garages to the rear. One of these double garages is currently let at £80PCM.

Each flat within the property is self contained, with their own council tax. All the properties within, fully comply with the relevant legislation; electrical gas and fire alarm systems.

Ground Floor - Front door opens on to communal entrance. To the left is a left 1 bedroom ground floor flat, the room sizes are excellent and there are a lot of original features - current let out at £635PCM.

First Floor Front - Well proportioned 1 bedroom first floor flat with viewings down Clifton Drive, the sea front is also visible. Currently let at £625PCM.

First Floor Rear - Fully renovated first floor flat, lovely modern kitchen and shower room. Award winning holiday home, currently let out on a holiday let basis. Excellent potential income.

Top floor Penthouse - A simply exceptional 3 bedroom flat, which has been fully renovated to a excellent standard, lounge diner, modern kitchen, 3 bedrooms, modern bathroom, the sea front is visible. Award winning holiday home, currently let out on a holiday let basis. Excellent potential income. This property was listed at £1100PCM on a rental basis.

Ground Floor Flat Rear -  Self contained garden floor flat with its own entrance hall. Fully renovated throughout, lounge diner, kitchen, shower room, bedroom. Award winning holiday home, currently let out on a holiday let basis. Excellent potential income.

Basement - Self contained basement, plumbed for washers.

2 x double garages.

Externally the property offers large communal gardens to the front.