£649,950
Clifton Drive South, Lytham St. Annes, FY8
- 7 beds
£649,950
- 7 beds
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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.
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