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157 ST ANDREWS ROAD SOUTH, ST ANNES ON SEA, LANCASHIRE, FY8 1YB

Investment Investment - FlatsHMOs Investment - Devlp. Potential

For Sale: £140,000

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SOLD

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Key Features

***Sold***

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How to find out more…

If you have any questions about the property or would like to book a viewing, please get in touch with us via our contact page or the enquiry and viewing buttons above.

Property description

The property benefits from planning permission to be converted into two 2 bedroom flats and one 1 bedroom flat.
Architect plans are available on request from our office.

The property is presently set out as 5 no. 1 bedroom flats. A purchaser could retain the property in this layout and obtain rental income from 5 flats.

A 15% developers profit has been calculated into the valuation of the building.

We anticipate the below gross development values for the individual flats.

Ground floor: 2 bedroom flat £110,000
First floor: 2 bedroom flat £95,000
Second floor: 1 bedroom flat £70,000

Gross development value combined - £275,000.

For viewings or further information please contact our office on 01253 316 919

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What are we like to work with?

"I have used Duxbury’s Commercial now for over 10 years and they always provide an excellent service whether it be property lettings, sales or valuations. Clare in particular goes out of her way to help and always keeps me updated throughout. An excellent commercial agency and would highly recommend"