This investment property is situated in a prime location in the heart of Lytham, with all the fantastic amenities right on the doorstep. Developed around 2010, this block of eight apartments offers a lucrative opportunity, generating an annual income of approximately 64,000 when fully let. Each apartment features modern kitchens and bathrooms, providing comfortable living spaces for tenants. All units are currently let on Assured Shorthold Tenancies (ASTs), with tenants responsible for paying their own bills. This is a rare opportunity in a sought-after area, and early viewing is highly recommended. About The Area Lytham, nestled in the heart of Lancashire, is a vibrant and sought-after location for property investors. Known for its picturesque setting and lively community, Lytham offers a rich blend of boutique shops, trendy cafes, and diverse restaurants, all contributing to a thriving local economy. The area is particularly appealing for its scenic Lytham Green, a spacious promenade that hosts various events and provides a serene escape with stunning views of the coast. With its combination of cultural charm, thriving retail and dining scene, and high demand for rental properties, investing in the heart of Lytham promises excellent returns and long-term growth potential.
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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