5 bedroom semi-detached house for sale

St. Andrews Road South, St. Annes, FY8

£299,995

Property Description

Key features

  • Semi Detached House In Popular Location
  • Currently Converted Into Five Self Contained Flats
  • Two To The GF, Two To The FF, One On The SF
  • Modern & Neutrally Decorated Throughout
  • Fire Safety System Renewed Approx 5 years Ago
  • With Full Occupation Rental Income Approx 27,000 p/a
  • Generating 9% Yield, Potential For Higher With Rent Reviews
  • New To The Market, Viewing Is Essential

Full description

This is a great opportunity to purchase a larger than average semi detached property which has been converted into five self contained flats. Located close to the town centre and seafront, the flats are not empty for long should they become vacant, making this a fantastic investment.

The five flats are modern throughout, with the building & communal areas benefitting from an up to date fire safety system. The flats are made up of four with one bedroom and one with two bedrooms.

There are EPC's available for each flat and currently the flats are generating approx £27,000 p/a which equates to a 9% yield. However, in the current market, the rent amounts could be increased.

So if you think this sounds like a great investment, book your appointment to view now.



Flat 1 
Ground floor - Lounge, kitchen, bedroom & shower room. Modern & neutral throughout, quite spacious, generating £395pcm.

Flat 2 
Ground floor - Lounge, dining kitchen, bedroom, bathroom, sole access to low maintenance rear garden & cellar. Fantastic size, generating £520pcm.

Flat 3 
First Floor - Open plan lounge/kitchen, two bedrooms (one double, one single) bathroom. Lovely bay window in the lounge, generating £495pcm.

Flat 4 
First Floor - Open plan lounge/kitchen, bedroom, bathroom. Feature hallway windows allow more natural light, generating £395pcm.

Flat 5 
Second Floor - Lounge, dining kitchen, bedroom, bathroom. Light & airy and spacious throughout, generating £430pcm.

NB 
Flat 2 has gas central heating, whilst the other flats are all electric and use prepayment key meters. The building is double glazed.

Listing History

Added on Rightmove:
01 February 2018

Nearest stations

  • St. Annes-on-the-Sea (0.5 mi)
  • Ansdell & Fairhaven (1.2 mi)
  • Lytham (2.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Whitegates, St Annes

48 Wood Street, St. Annes, FY8 1QS

01253 469041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • St. Annes-on-the-Sea (0.5 mi)
  • Ansdell & Fairhaven (1.2 mi)
  • Lytham (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Whitegates, St Annes

48 Wood Street, St. Annes, FY8 1QS

01253 469041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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