5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

St. Andrews Road South, St. Annes, Lytham St. Annes, Lancashire, FY8 1YA
£190,000

Price History

Initial price £210,000
29/03/24 £195,000
12/04/24 £190,000
Price Change -9.52%

Description

This investment opportunity presents a two-bedroom ground floor flat and three one-bedroom flats, currently fully occupied and generating £21,720 per annum in rental income. The property is located in a convenient St. Annes square area, close to transport links and the sea front, and has recently undergone re-wiring to meet current electrical regulations. With potential for growth in the current rental market, this end terrace block of flats offers an ideal investment opportunity, set up as one two-bedroom ground floor flat and three one-bedroom flats, with a council tax band of AT and a length of lease of 873 years. Annual ground rent is £10.