The Chambers is situated in the heart of St Annes, overlooking St Annes Square, right above the bank. This property presents an outstanding investment opportunity, consisting of 14 self-contained apartments that were redeveloped and refurbished in the mid-2000s.
The apartments are accessed through a secure entrance on Orchard Road. When fully let, the income generated is approximately £104,000 per annum. All tenancies are let on Assured Shorthold Tenancies (ASTs), with tenants paying all their own bills.
Early viewing is highly recommended to appreciate this exceptional investment.
(Please note - The commercial building below is not included)
St. Annes
St. Annes, a picturesque seaside town on the Fylde coast, is a hidden gem for property investors. With its stunning sandy beach and vibrant promenade, St Annes offers a perfect blend of relaxation and recreation. The town boasts excellent transport links, including a well-connected railway station that provides a direct route to Manchester, with a travel time of just over an hour. This accessibility makes it an ideal location for commuters seeking a serene coastal retreat without sacrificing the convenience of city life. Additionally, St Annes is home to a variety of shops, cafes, and leisure facilities, including golf courses and parks, ensuring a high quality of life for residents. Investing in property here promises not only a peaceful living environment but also the potential for strong rental demand and capital growth.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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