2 bed Flat For Sale £165,000
This excellent property is located on the top floor of the luxury Queens Manor development in the popular seaside town of Lytham St Annes. Being sold with a tenant in situ, it presents a fantastic investment opportunity yielding 4.73% gross. The apartment has been finished to a beautiful standard throughout and consists of two spacious double bedrooms one with en-suite, family bathrooms, a bright and airy living area with large double-glazed windows and a fully-fitted modern kitchen. The apartment also benefits from a designated parking space and a secure entry phone system.
Harrison View is perfectly situated in a quiet residential development within walking distance of the picturesque coastline, beach and Fairhaven Lake. It’s just a short drive to St Anne’s and Lytham town centres which have a whole host of brilliant parks, independent shops, cafes, bars and high-quality restaurants. The development lies in the catchment area of outstanding schools and is well served by transport and motorway links for travel to the nearby cities of Preston and Manchester whilst the bright lights of Blackpool and its many tourist attractions are just 6 miles away.
Lytham is an ideal location for property investment, it’s one of the most prestigious areas in Lancashire and a highly desirable place to live meaning there will always be a high demand for rental properties, with Harrison View being particularly popular amongst renters. There hasn’t been a better time to invest with Fylde Council creating a masterplan to revitalise St Anne’s which includes investment in infrastructure such as the £27m M55 link road, improved public realm to encourage investment in the town, transform the town centre and create a new flexible event space at the heart of the town centre.
Financial Breakdown
Gross rent: £7,800
Ground rent: £350
Service charge: £1,000
Net income: £6,450
Gross yield: 4.73%
Net yield: 3.91%
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-06847
Harrison View is perfectly situated in a quiet residential development within walking distance of the picturesque coastline, beach and Fairhaven Lake. It’s just a short drive to St Anne’s and Lytham town centres which have a whole host of brilliant parks, independent shops, cafes, bars and high-quality restaurants. The development lies in the catchment area of outstanding schools and is well served by transport and motorway links for travel to the nearby cities of Preston and Manchester whilst the bright lights of Blackpool and its many tourist attractions are just 6 miles away.
Lytham is an ideal location for property investment, it’s one of the most prestigious areas in Lancashire and a highly desirable place to live meaning there will always be a high demand for rental properties, with Harrison View being particularly popular amongst renters. There hasn’t been a better time to invest with Fylde Council creating a masterplan to revitalise St Anne’s which includes investment in infrastructure such as the £27m M55 link road, improved public realm to encourage investment in the town, transform the town centre and create a new flexible event space at the heart of the town centre.
Financial Breakdown
Gross rent: £7,800
Ground rent: £350
Service charge: £1,000
Net income: £6,450
Gross yield: 4.73%
Net yield: 3.91%
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-06847
