LOT 7 · RESIDENTIAL PROPERTY
33 St. Andrews Road South
Lytham St. Annes, FY8 1PZ
A Substantial Semi Detached House Offered With Vacant Possession Currently Listed on Airbnb Producing between £40,000 - £50,000 per annum.
Property description
This substantial five-bedroom semi-detached property, spanning three floors, offers both immediate rental income potential and longer-term development opportunities. With a private driveway and a generous rear yard, it provides ample space for tenants or future residents.
Currently, the property is ideal for rental investment, accommodating families or shared living arrangements. However, there's significant potential for conversion into multiple apartments, subject to obtaining the necessary planning permissions.
Accommodation
Ground Floor 620 Sq.ft
Self Contained Studio Unit
First Floor 668 Sq.ft
Kitchen
Bedroom One Leading to Ensuite
Lounge (into bay window)
Second Floor 577 Sq.ft
Bedroom Two
Bedroom Three
Bedroom Four
Two Shower Rooms
Location
Nestled in the bustling coastal town of Lytham St Annes, this spacious property is less than a mile from the North Promenade. Positioned on a generous plot amidst a mix of commercial and residential properties, it offers convenient access to essential amenities, including shopping facilities, popular cafes, restaurants, and well-regarded local schools. The area boasts excellent transport links, with good road networks, a local bus system, and train services from the nearby St Annes-on-the-Sea train station.
Exterior
Extensive Rear Yard
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 18.2%
- Net yield
- 18.2%
- Annual income
- £50,004
Net yield deducts your annual running costs, before tax and finance.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
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