Summary - 95, CLIFTON STREET FY8 5EH
1 bed 1 bath Block of Apartments
**Key Features:**
- Substantial three-storey property in Lytham's high street
- Ground floor commercial unit leased to William Hill at £18,000 per annum (lease until May 2026)
- Two self-contained apartments generating an additional £16,800 per annum
- Total rental income: £34,800 per annum
- Future potential for increased rental income from commercial space (estimated rent up to £22,000/23,000)
- Prime location with strong foot traffic and surrounded by popular retailers
This impressive three-storey block of apartments presents a rare investment opportunity in the vibrant high street of Lytham. The well-maintained ground floor is occupied by William Hill, providing a reliable annual income, while the two self-contained apartments above are fully tenanted, adding to the property's overall value. Both apartments offer comfortable living spaces, with the second-floor flat featuring two double bedrooms and en suite.
While the current lease on the William Hill unit has three years left, making financing challenging for some buyers, the overall potential for increased rent in the area is promising. Moreover, the property is ideally situated amidst numerous amenities, ensuring all essential needs are within walking distance, enhancing its appeal for families and investors alike.
Explore the investment potential while enjoying the comfort of this well-positioned property in a sought-after, affluent town. Don’t miss the chance to capitalise on this unique opportunity, where high street exposure meets steady rental yields.
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