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2 bed Flat For Sale £250,000
Clifton Drive North, St. Annes, Lytham St. Annes FY8


Description
Earn instant income on this already tenanted investment opportunity! Not suitable for owner occupiers!

Yieldit are pleased to present this excellent 2 bedroom apartment located on the sought after Clifton Drive North, St. Annes.

The property is located at lower ground level and spready across 94 Sq. M, with secured gated access. Upon entering the property there is a large living / dining area leading into the galley kitchen, fully equipped with high specification appliances including an oven, fridge and wine cooler. The apartment then leads into a hallway which will take you to a double bedroom and bathroom. Further down the hallway, you will find the master bedroom which then leads into the en-suite with an additional room currently utilised as the laundry area.

The property is ideally located with the sea front just a few minutes away, which hosts an array of bars and restaurants as well as also being less then a mile to St. Annes town centre.

A popular seaside resort on the Fylde coast, Lytham St Annes is located along a picturesque stretch of coastline in Lancashire, and lies around 6 miles north of Blackpool. The M55 motorway is also close-by connecting it to the M6 at Preston.

Lytham St Annes also benefits from 3 local railway stations which are on the Blackpool South to Preston branch of the Blackpool Branch Lines. The stations are Lytham station, St Annes-on-the-Sea, Ansdell & Fairhaven station. From Blackpool trains run to Preston, Liverpool Lime Street, Manchester Piccadilly, as well as London Euston.

Financial Breakdown

Gross rent: £10,800
Service charge: £840
Lettings fees: £810
Net income: £9,150
Gross yield: 4.32%
Net yield: 3.66%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16656

Follow the link for more information:
        
zoopla.co.uk

  
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