High-yield project for hands-on investors seeking coastal rental income.
Two separately titled apartments on one freehold
A rare investment opportunity close to Cleveleys town centre: a substantial end-terrace Victorian property already registered as two separate flats. The building offers generous room layouts across ground, first and second floors and sits on freehold title with potential for strong rental returns once refurbished.
The property requires full renovation throughout — structural and cosmetic work will be needed to bring both apartments up to modern letting standards. It benefits from existing gas central heating and double glazing, plus scope to create off-street parking to the rear with some reconfiguration. There is a small enclosed yard and period features such as bay windows which could be retained or enhanced.
Important considerations: sale is for cash buyers only and the building is in a deprived neighbourhood with an average crime rate. The site has a medium flooding risk and a small plot size, so factor remediation and insurance costs into purchase plans. Planning/registration as two flats is already in place, reducing some conversion uncertainty and supporting rental or resale strategies.
For an investor able to manage a full refurbishment, this property offers substantial yield potential from two separately titled apartments in a popular coastal town. The combination of period character, separate titles and location near local amenities and transport links creates a clear route to long-term income after remediation and upgrades.
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