9 and 11 Derbe Road, Lytham St Annes, Lancashire, FY8 1NJ
North West
£325,000Guide Price
Listed on 11/11/2026
Listed on 11/11/2026
The listing
Property details
Bedrooms
9Type
DetachedFeatures
- Garden
- Tenanted
Description
Offered at auction, this investment comprises two three-storey semi-detached buildings arranged as nine self-contained flats, with four at number 9 and five at number 11. The properties are described as requiring modernisation and include a rear yard. The stated income is £30,780 per annum, with two flats offered with vacant possession. The buildings are on Derbe Road, within reach of local amenities, Lytham St Annes Beach, Ashton Gardens and Royal Lytham and St Annes Golf Club. St Annes-on-the-Sea railway station provides National Rail services.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
42out of 100
Grade ELow opportunity
Confidence: LOW
This is a substantial, light-to-typical modernisation project: two three-storey buildings already arranged as nine self-contained flats, with income from the existing let and two flats vacant. The listing says modernisation is required, while the photos show weathered exteriors and a neglected rear yard; the interior scope cannot be established from the images provided.
The £325,000 guide price is not an asking price, and floor area is missing, so value versus local £/sqf cannot yet be judged. Bidding can take the hammer above the guide, so the eventual price may not stay at this level. The 42/100, grade E score reflects limited evidence on value and renovation economics rather than a confirmed poor-value comparison; the existing multi-flat arrangement and location still give the project a clear starting point.
Key opportunities
- Modernise the existing nine-flat arrangement and improve the overall presentation of the two buildings.
- Clear and improve the rear yard, including attention to the weathered outbuilding.
- Work with the existing income-producing setup and two vacant flats as a starting point for the project.
Key risks
- The interior condition and full scope of modernisation are not established by the submitted photographs, so programme planning will need to wait on a closer inspection.
- The buildings and rear yard need a coordinated improvement programme; the weathered exterior and damaged-looking outbuilding window warrant closer inspection.
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Transport
Nearest stations
St Annes-on-the-Sea Rail Station
0.6 miles
Train · St Annes
Ansdell & Fairhaven Rail Station
1.3 miles
Train · Ansdell
Squires Gate Rail Station
2.5 miles
Train · Squires Gate
Lytham Rail Station
2.5 miles
Train · Lytham
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,328
Based on a loan of £243,750 over 30 years at 5.13% 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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