3 All Saints Road, Lytham St Annes, Lancashire

Description

A semi-detached building comprising 5 x one bedroom flats. The property is in need of modernisation and externally benefits from a rear yard. Well located for the local and recreational amenities of Lytham St Annes. Part vacant investment.

Accommodation

5 x one bedroom flats

Location

Located on All Saint's Road, situated between Bromley Road and Richmond Road. Local amenities can be found on Back St Anne's Road West, St Anne's Road West and Wood Street. Recreational amenities of Lytham St Annes Beach, Ashton Gardens and Royal Lytham and St Annes Golf Club are easily accessible. Transport: St Annes-On-The-Sea - National Rail.

Tenure / Property Information

Investment Analysis

The guide is £165,000, excluding the auctioneer's buyer fee. Same-road completed flat/maisonette sales range from £60,000 to £196,000, including £110,000 in May 2026, but these are individual flat transactions and do not establish the aggregate value of five flats. Differences in size, condition, specification, tenure and sale circumstances are not provided. A reliable GDV, refurbishment budget, rent or maximum bid cannot therefore be established from the supplied evidence.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, confirm the status and letting history of all five flats, inspect the building, establish a detailed modernisation and compliance budget, and obtain flat-by-flat rental and valuation evidence before considering a purchase.

Works Required

Modernisation of the five one-bedroom flats is indicated by the description. The evidence does not specify the required internal, communal, services, compliance or external works, so no reliable scope or cost allowance can be provided.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed without a supported post-works GDV, refurbishment cost, achievable rent and finance assumptions. The 75% GDV refinance figure is therefore unavailable. The long lease stated may be positive, but title, flat-level lease and compliance details require verification.

Buy-to-Let Analysis

BTL viability cannot be quantified because no sufficiently specific rental evidence, auctioneer rent estimate, operating costs or full occupancy position is supplied. The property is described as a part-vacant investment and requires modernisation, so current income cannot be assumed.

Flip Analysis

A flip appraisal cannot be supported from the available evidence. The comparable sales are for individual flats rather than the complete five-flat building, and no refurbishment cost or supported aggregate resale value is provided. Buyer fees and possible VAT are also unresolved.

Investor Risks & Due Diligence

• Part-vacant investment with no supported passing or achievable rent.

• Building is stated to need modernisation, but the extent and cost of works are unknown.

• Same-road comparables are individual flat sales and may not support the value of the complete five-flat building.

• Auction buyer fee is not quantified and VAT may apply.

• No EPC, council tax, heating or parking information is supplied.

• Legal, title, lease, planning and compliance details for the five flats are not provided and require verification.

Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, confirm the status and letting history of all five flats, inspect the building, establish a detailed modernisation and compliance budget, and obtain flat-by-flat rental and valuation evidence before considering a purchase.

Strategy Rating

Analysis Confidence

The evidence confirms the building configuration, guide price, tenure, occupancy description and several same-road individual flat sales, but omits rent, condition detail, EPC, costs, buyer fee, refurbishment budget and aggregate GDV evidence.