Summary -
Flat 1,22 Orchard Road,LYTHAM ST Annes,FY8 1RY
FY8 1RY
14 bed 14 bath Block of Apartments
**Standout Features:**
- 14 self-contained apartments in a prime St. Annes location
- Potential income of approximately £104,000 per annum when fully let
- Modern interiors with ample natural light and excellent broadband speeds
- Secure entrance on Orchard Road
- Developed and refurbished in the mid-2000s
- Near several schools with strong Ofsted ratings
**Potential Downsides:**
- High crime rate in the area
- Property classified under "very deprived" area deprivation
Nestled in the bustling heart of St. Annes, this impressive investment opportunity comprises 14 modern self-contained apartments with significant rental potential, generating an annual income of around £104,000 when fully tenanted. Each unit boasts high ceilings, wood flooring, and large windows, creating a bright and inviting living space. Ideal for savvy investors, these apartments, developed in the mid-2000s, appeal to a wide demographic in a densely populated area surrounded by amenities, convenience stores, and educational institutions.
While the vibrant location offers numerous benefits, it is important to note the high crime rate and lower socioeconomic status of the area; however, the community's demand for rental properties remains strong. The secure entrance on Orchard Road provides peace of mind, making it an attractive choice for potential tenants. Early viewings are encouraged—opportunities like this don’t last long. Invest in your future with this outstanding property that holds the potential for exceptional returns in a dynamic market.
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