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Clifton Drive North, Lytham St. Annes... 11 bed semi
Clifton Drive North, Lytham St. Annes FY8
£875,000
Clifton Drive North, Lytham St. Annes FY8
£875,000
Our Summary
- Investment Opportunity:A well-managed and maintained development in a prime St Annes location, comprising five rental apartments plus a substantial holiday let, generating c
Description
This investment opportunity presents a well-managed and maintained development in a prime St Annes location, comprising five rental apartments and a substantial holiday let, generating a combined annual income of approximately £92,100. The property, known as Poritt House, is a hallmark example of William John Porritt's investment in the town's early growth and features a mix of stone-built villas and apartments. The five rental apartments are each set within the historic Poritt House, with the additional Bentinck Residence serving as a holiday let accommodating up to 10 guests. With a gross yield of approximately 10.5%, this property offers investors a strong mixed-use income diversification, just moments from Ashton Park, St Annes Promenade, and the town centre.