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7 bed property, in Clifton Drive South, £649,950
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Clifton Drive South, Lytham St.... 7 bed semi

Clifton Drive South, Lytham St. Annes, FY8
£649,950
-7.1%

Price History

Initial price £699,950
Nov 29, 2024 £649,950
Price Change -7.1%

Our Summary

  • AMAZING INVESTMENT OPPORTUNITY
  • * 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 also offers scope to increase this yield with the current business configuration
  • Excellent potential income

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Description

This award-winning property on Clifton Drive South offers an exceptional investment opportunity with a 10% yield against the current asking price. The property features five self-contained flats, a basement, and two double garages, with three flats recently renovated to a high standard. The flats are currently let out as a mix of holiday lets and long-term tenancies, with excellent potential income.

The property is located on a prestigious road close to the seafront and St. Annes Town Centre, with large communal gardens to the front. The flats are well-presented and fully comply with relevant legislation, with features such as modern kitchens, shower rooms, and electrical, gas, and fire alarm systems.

With scope to increase the yield by optimizing the current business configuration, this property presents a rare and exciting investment opportunity.