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Clifton Drive North, Lytham St. Annes, Lancashire

North West

£350,000
Listed on 03/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1666 sqft

Description

This detached property offers a compelling opportunity for renovation and investment, situated in a sought-after location just a short stroll from the beach. St Annes Square, with its range of shops, cafes, and restaurants, is conveniently accessible, enhancing the appeal of this residence for both homeowners and investors alike. Occupying a generous corner plot, the home presents significant potential for modernization or expansion—subject to planning permissions. The existing layout includes a spacious reception room and a fitted kitchen diner that could be reimagined to suit contemporary tastes. There are four well-sized bedrooms and a family bathroom that provide a solid foundation for updates. Additional amenities include a utility room, guest cloakroom, and a large double garage, offering ample storage and parking solutions. The exterior boasts wraparound gardens that offer both privacy and outdoor space ripe for enhancement. The possibility to extend the property could further increase its value in this desirable area. Notably, the property is being sold with no onward chain, streamlining the buying process for interested parties. This home represents an exciting canvas for those looking to invest in real estate or create their ideal living space amidst the charm of St Annes. Early viewing is recommended to fully appreciate the potential this property has to offer.

Investment Analysis

(FY8 area)

Below Market Value

This property is priced -17.0% below area average per sq ft

-17.0%
Potential saving
This Property
£210/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£463,648
10% above area average per sq ft
Potential ROI
+15.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (FY8)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 7.3%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on FY8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Clifton Drive North, Lytham St. Annes, Lancashire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE