1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (999 years remaining)
Address: 133 St Andrew's Road, Lytham Saint Annes, FY8 1YB
Discover an exceptional investment opportunity at St Andrew's House, located in the highly sought-after tourist hotspot of Lytham St Anne's. This development offers five one-bedroom apartments that cater to both long-term and short-term rental markets, making it a prime choice for savvy investors.
Exceptional Investment Opportunity in Lytham St Anne's
Welcome to St Andrew's House, a prime investment opportunity in the heart of Lytham St Anne's-a location known for its stunning coastline, prestigious golf courses, and vibrant town life. Whether you're a seasoned investor or new to the market, this development offers a unique chance to secure high rental returns in an area with unparalleled demand for quality accommodation. With properties ranging from £90,000 to £105,000, and a location that promises both long-term growth and immediate income potential, St Andrew's House is the perfect addition to any investment portfolio.
Investment Highlights:
* Prices: From £90,000 to £105,000
* Type: 1-Bedroom Apartments
* Lease: 999-Year Lease with Share of Freehold
* Service Charge: Estimated at £1.50 per sqft
* Ground Rent: None
* Parking: 1 parking space per apartment, with additional visitor spaces
* Completion Time: 4 months from legal completion
* Purchase Option: Cash purchase only
Location Benefits:
* Proximity to Royal Lytham & St Anne's Golf Club: Just a 5-minute walk from the world-renowned golf club, famous for hosting the UK Open.
* Beach Access: A short 10-minute stroll to the beach.
* Town Centre: Less than 5 minutes on foot to the vibrant town centre, packed with amenities.
* Tourism Appeal: The area is in high demand, with strong short-term let potential, especially during local festivals where nightly rates have reached up to £176.
Rental Potential:
* Short-Term Lets: Lease allows short-term lets, with estimated nightly rates at £70.
* Net Yields: Achieve up to 12% NET yields.
Enquire now to receive to following:
* Development Brochure
* Availability
* Short Term Let Projections
* Images
* Floor Plan
Tenure: Leasehold (999 years)
Ground Rent: £0 per year
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference St-Andrews. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Residential Estates - Chester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 9, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 9, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on July 16, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.