PCM
£649,950
Leasehold |
Clifton Drive South,
Lytham St. Annes |
7x
5x
|
*** 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 currently has a mixture of holiday lets and long term tenants ***
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.
Under
the Property Misdescription Act 1991 we endeavour to make our sales details accurate and
reliable but they should not be relied upon as statements or representations of fact and they do
not constitute any part of an offer of contract. The seller does not make any representations to
give any warranty in relation to the property and we have no authority to do so on behalf of the
seller. Services, fittings and equipment referred to in the sales details have not been tested
(unless otherwise stated) and no warranty can be given as to their condition. We strongly
recommend that all the information which we provide about the property is verified by yourself
or your advisers.
Under the Estate Agency Act 1991 you will be required to give us financial information in order
to verify you financial position before we can recommend any offer to the vendor.
DOUBLE GARAGE, VERY CLOSE TO THE SEA FRONT, BASEMENT WITH WINE CELLAR, BAR, UTILITY ROOM, BLOCK OF 5 FLATS, AMAZING INVESTMENT OPPORTUNITY
VIEWING
By appointment only arranged via the agent, Unique Estate Agency Ltd
INFORMATION
Please note this brochure including photography was prepared by Unique Estate Agency Ltd in accordance with the sellers instructions.
PROPERTY MISDESCRIPTIONS ACT
Under the Property Misdescription Act 1991, we endeavour to make our sales details accurate and reliable, but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer or contract these particulars are thought to be materially correct though their accuracy is not guaranteed & they do not form part of any contract.
MEASUREMENTS
All measurements are taken electronically and whilst every care is taken with their accuracy they must be considered approximate and should not be relied upon when purchasing carpets or furniture. No responsibility is taken for any error, omission or misunderstanding in these particulars which do not constitute an offer or contract.
WARRANTIES
The seller does not make any representations or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.
GENERAL
We strongly recommend that all information we provide about the property is verified by yourself or your advisors.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate, and photographs provided for guidance only.
FREE VALUATION
If you would like to obtain an independent and completely free market appraisal, please contact Unique Estate Agency Ltd.