FY8 1PE - Property for sale in Richmond Road, Lytham St. Annes, Lanca…

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Property for sale in Richmond Road, Lytham St. Annes, Lancashire, FY8 1PE, FY8

Summary - Richmond Road, Lytham St. Annes, Lancashire, FY8 1PE FY8 1PE

1 bed 1 bath Not Specified

**Standout Features:**
- Residential block with 10 self-contained flats: 7 x 1-bedroom and 3 x 2-bedroom.
- Convenient location near St. Annes town center and promenade.
- Integrated fire alarm system and gas central heating throughout.
- Off-street parking available for up to 6 vehicles.
- Rateable value of £49,250.
- Excellent mobile signal and fast broadband speeds.

**Summary:**
This substantial Victorian apartment block presents a unique investment opportunity in the heart of St. Annes, featuring a total of 10 self-contained flats, with a mix of 1 and 2-bedroom units. Each flat is equipped with a cozy kitchen and shower room, ensuring comfortable living for tenants. The property boasts essential safety features like an integrated fire alarm system and gas central heating, while off-street parking for six vehicles adds convenience in this bustling area.

While the property is well-positioned for rental potential given its proximity to local amenities and schools, prospective buyers should note that it will be sold via auction without prior inspection. The neighborhood encounters high crime rates and is classified as very deprived, which may impact both tenant appeal and long-term value. However, with an increasing demand for rental properties, especially from constrained renters and migrant families in the area, there remains significant potential for profit.

Seize your chance to invest in this city space, where future renovations could enhance value even further. With an attractive starting price of £650,000, this property affords both comfort and opportunity in a competitive market—don't miss out!

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