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West Drive, Thornton-Cleveleys £900,000

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  • PRIME FREEHOLD RESIDENTIAL INVESTMENT OPPORTUNITY
  • SEVEN SELF-CONTAINED APARTMENTS
  • FULLY TENANTED PRODUCING £64,140 GROSS PER ANNUM
  • MONTHLY RENTAL INCOME OF £5,345
  • SOUGHT AFTER WEST DRIVE LOCATION
  • WELL PRESENTED APARTMENTS
  • ATTRACTIVE IN AND OUT DRIVEWAY WITH AMPLE RESIDENT PARKING
  • CAPITAL GROWTH POTENTIAL
  • EPC HELD FOR ALL APARTMENTS AVAILABLE UPON REQUEST
  • VIEWING HIGHLY RECOMMENDED H


The Towers Apartments, West Drive, Thornton Cleveleys

Prime Residential Investment Opportunity

An outstanding opportunity to acquire a substantial detached residential investment property occupying a prestigious position on the highly regarded West Drive in Thornton Cleveleys.

This impressive freehold asset comprises seven exceptionally well-presented self-contained apartments, each finished to an excellent specification and maintained to a consistently high standard throughout. The property has been carefully managed and improved by the current owner, creating an attractive and well-established investment with strong appeal to quality tenants.

Positioned within generous private grounds, the property enjoys an imposing frontage with an in-and-out driveway providing ample off-road parking for residents, together with extensive landscaped gardens that further enhance the overall setting and desirability of the accommodation.

The investment is offered fully tenanted, providing an immediate and established income stream from completion. Having been successfully operated by the current owner for a number of years, the property benefits from a proven track record of occupancy and represents a rare opportunity to acquire a high-quality, income-producing residential asset in one of the Fylde Coast's most sought-after residential locations.

The combination of its prominent position, quality accommodation, established tenancy profile and potential for long-term capital appreciation makes 90 West Drive an excellent addition to both private and institutional investment portfolios.

 

Investment Highlights

  • Prime detached freehold residential investment.
  • Comprising seven individually appointed self-contained apartments.
  • Finished and maintained to an exceptional standard throughout.
  • Fully let, producing an immediate and secure income stream.
  • Established investment with a successful operational history.
  • Prestigious and highly desirable West Drive location.
  • Attractive in-and-out driveway with generous resident parking.
  • Extensive private landscaped gardens.
  • Excellent tenant demand within a strong residential rental market.
  • Rare opportunity to acquire a high-quality, fully income-producing residential investment.

An early inspection is strongly recommended to fully appreciate the quality of the accommodation, the attractive setting and the strength of this exceptional investment opportunity.

 

Investment: The 7 properties are all held currently under individual tenancy agreements with a monthly rent roll providing £5,345.00 (£64,140.00 gross per annum). 

 

Tenure: We are advised the tenure of the property is freehold and held under one title. 


EPC: Current EPC held for all flats and are available upon request. 

Viewing: Strictly by telephone appointment through the agent’s office and comes highly advised.


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EPC

No EPC available

Floorplans (Click to Enlarge)

West Drive
Thornton-Cleveleys FY5 2JG
County: Lancashire
Sale Type: For Sale
Ref #: BR7620
Joanne Upton
Butson Real Estate and Lettings
 
  01253 894494