Investment opportunity: central location, conversion potential, needs renovation and leasehold due diligence..
Three self-contained apartments across three floors
A spacious Victorian semi-detached building in central Lytham St. Annes, arranged as three self-contained apartments over three floors. Located a short walk from St Annes Square, the block offers immediate rental income and clear scope for increasing yield through refurbishment and reconfiguration.
The ground-floor one-bedroom flat has scope to be extended/converted into a two-bedroom unit, while the first-floor is a good-sized two-bedroom apartment and the top floor provides a one-bedroom unit. The property totals around 1,764 sq ft and sits in an affluent, low-crime area with no flood risk — attractive factors for tenants and lenders.
The building requires renovation and currently shows external scaffolding and dated internal finishes. It is leasehold and will need investment to modernise kitchens, bathrooms and communal areas. Buyers should allow budget for refurbishment and confirm lease terms and any service charges before purchase.
For an investor or developer, this is a practical opportunity: prominent central location, three income streams, conversion potential and fast broadband and excellent mobile signal. Early viewing is recommended to assess condition and scope for value-add improvements.