Central, compact flat with parking and long lease, ideal for downsizers or investors.
Ground-floor one-bedroom apartment, approx. 426 sq ft
Long lease: c.960 years remaining (999 from 1987)
Front garden and rear off-street parking bay
Modern kitchen and bathroom; lounge needs cosmetic updating
Service charge £50 pcm; ground rent £5 pa; council tax band A
Sale by auction — immediate deposit, admin fee and buyer's premium apply
Area has high crime and very high deprivation — affects desirability
Fast broadband and excellent mobile signal; no flood risk
A compact ground-floor one-bedroom apartment positioned for easy access to Lytham St. Annes town centre and local transport links. The flat includes a good-sized lounge, modern kitchen and bathroom, a small front garden and off-street parking to the rear — practical features for downsizers or buy-to-let purchasers.
The property is small (approx. 426 sq ft) and sits within a Victorian mid-terrace building. It has double glazing, mains gas central heating, and a long lease (approximately 960 years remaining). Service charge is £50 per calendar month and ground rent is nominal at £5 per year; council tax band A is very low.
Notable negatives are the town’s high crime level and a wider area classification indicating high deprivation, which will affect both lifestyle and lettability. The living room shows dated decor and will need cosmetic updating; walls are cavity with assumed no insulation. The sale will be conducted at auction with mandatory buyer fees (administration fee and buyer’s premium) and immediate deposit/payment obligations — read the legal pack carefully before bidding.
This lot suits a buyer seeking a low-maintenance, central one-bedroom home or an investor looking for a long-lease, low-running-cost flat to refurbish. The combination of central location, off-street parking and long lease offers practical upside after modest updating, but purchasers should factor in the area profile and auction costs into their bids.
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