Summary - 11, Bayside, FLEETWOOD FY7 6FZ
2 bed 1 bath Flat
Affordable seaside investment with strong rental potential and long lease.
Chain-free first-floor two-bedroom flat
Approximate 9% gross rental yield advertised
Allocated off-street parking for one vehicle
UPVC double glazing throughout; neutrally presented
Very long lease (approx 975+ years) reducing tenure risk
No private garden or outdoor space included
Service charge and ground rent c. £1,200 each (noted as high)
Located in an area with very high crime and high deprivation
A practical two-bedroom first-floor flat offered chain-free and presenting clear rental potential. The open-plan lounge/kitchen, UPVC double glazing and allocated off-street parking make it straightforward to let or move into immediately. The building dates from the late 1990s and the flat is neutrally presented, so little immediate redecoration is needed.
This is particularly suited to investors seeking a strong headline yield — the current figures indicate around a 9% gross rental return. Running costs include electric storage heaters rather than gas central heating and an average service charge; the long lease (approximately 975+ years) reduces tenure risk.
Buyers should note material drawbacks factually: the property sits in a very high crime area and the neighbourhood scores high on area deprivation indices. There is no private garden or outdoor space, and both service charge and ground rent are noted as relatively high (c. £1,200 each). Heating is electric storage/wall heaters, which can be more expensive than gas alternatives.
For investors or those looking for an affordable seaside town base, this flat offers low entry price, immediate rental potential and minimal renovation need. For owner-occupiers, accept the trade-offs of location, communal living and electric heating when weighing comfort versus cost.
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