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St Annes Branch

21 Orchard Road
St Annes
Lancashire
FY8 1RY

T: 01253 713695
Sales: sales@frankwyles.com
Lettings: lettings@frankwyles.com

Lytham Branch

11 Park Street
Lytham
Lancashire
FY8 5LU

T: 01253 731222
Sales: lytham@frankwyles.com
Lettings: lettings@frankwyles.com

lettings@frankwyles.com

Pleasant Street, Lytham

£850,000Leasehold

888

Key Information

Tenure:Leasehold
Service charge:Not available
Ground rent:Not available
Time remaining on lease:Not available
Council tax band:B
Broadband:up to 1800Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Block Of Apartments In The Heart Of Lytham
8 Apartments Producing ÂŁ64,000 pa (When Fully Let)
Developed Circa 2010
Let On ASTs
Viewing Highly Recommended

Description

This investment property is situated in a prime location in the heart of Lytham, with all the fantastic amenities right on the doorstep.

Developed around 2010, this block of eight apartments offers a lucrative opportunity, generating an annual income of approximately ÂŁ64,000 when fully let. Each apartment features modern kitchens and bathrooms, providing comfortable living spaces for tenants.

All units are currently let on Assured Shorthold Tenancies (ASTs), with tenants responsible for paying their own bills. This is a rare opportunity in a sought-after area, and early viewing is highly recommended.

About The Area
Lytham, nestled in the heart of Lancashire, is a vibrant and sought-after location for property investors. Known for its picturesque setting and lively community, Lytham offers a rich blend of boutique shops, trendy cafes, and diverse restaurants, all contributing to a thriving local economy. The area is particularly appealing for its scenic Lytham Green, a spacious promenade that hosts various events and provides a serene escape with stunning views of the coast. With its combination of cultural charm, thriving retail and dining scene, and high demand for rental properties, investing in the heart of Lytham promises excellent returns and long-term growth potential.

Arrange Viewing

Lytham Church of England Voluntary Aided Primary School
(0.45 miles)
Good
Number of pupils: 215
Age Range: 5 - 11
Lytham Hall Park Primary School
(0.5 miles)
Good
Number of pupils: 401
Age Range: 4 - 11
St Bede's Catholic High School
(0.51 miles)
Good
Number of pupils: 818
Age Range: 11 - 16
St Peter's Catholic Primary School, Lytham
(0.56 miles)
Good
Number of pupils: 209
Age Range: 4 - 11
Ansdell Primary School
(1.42 miles)
Good
Number of pupils: 244
Age Range: 4 - 11
Lytham St Annes High School
(1.53 miles)
Good
Number of pupils: 1514
Age Range: 11 - 16
Clifton Primary School
(1.77 miles)
Good
Number of pupils: 263
Age Range: 4 - 11
AKS Lytham
(1.97 miles)
Number of pupils: 1050
Age Range: 0 - 19
Our Lady Star of the Sea Catholic Primary School
(2.5 miles)
Outstanding
Number of pupils: 210
Age Range: 4 - 11
St Annes on Sea St Thomas' Church of England Primary School
(2.53 miles)
Good
Number of pupils: 198
Age Range: 4 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ4,472 /mo.25 Years, 5% Interest
Loan
ÂŁ765,000
Total Repay
ÂŁ1,341,634

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ30,000
0% up to ÂŁ250,000
5% between ÂŁ250,000 and ÂŁ925,000
Your effective stamp duty rate is 3.53%
How much is your property worth?

How much is your property worth?

Arrange a valuation with Frank Wyles & Co