£550,000
7 bed detached house for salePark Avenue, Skegness PE25
7 beds
5 baths
5 receptions
EPC Rating: C
- Chain free
- Freehold
Beam Estate Agents
.png)
About this property
Prime location - this prestigious property offers an excellent investment opportunity
Main building = a three bedroom maisonette and three x 1 bedroom apartments
Separate detached cottage style bungalow with its own block paved driveway
Electric heating to the main building - gas central heating to the cottage. Double glazing throughout
Low maintenance surrounding gardens + parking
The buildings have been maintained to a high standard inside and out & meet all current guidelines and regulations
Great location - a few steps from the sea front & beach as well as North Shore golf course
Also within walking distance of the town centre, shops, restaurants and many other amenities
A 'ready to go' investment with no chain to worry about
Viewings now available - by appointment only
Detailed Description
A large, superbly positioned versatile property offering an excellent investment opportunity. It consists of a main block containing three 1 bedroom apartments + a 3 bedroom maisonette and a separate adjacent detached cottage with its own courtyard. Each flat/apartment is independent and has its own heating & services and all are double glazed. Outside there are low maintenance, stone chipped gardens/parking as well as a block paved driveway/off road parking for the cottage. The property has overall been improved, upgraded and very well maintained throughout - meeting all current regulations. All the properties are currently occupied on assured shorthold tenancies making this an exceptional investment, with the potential/added options for holiday let/AirBnB (subject to relevant planning) . The location is ideal - a few steps from the sea front & beach as well as North Shore golf course & hotel, with the town centre, shops, amenities and amusements only around 25 mins walk away. The current gross yield equates to approx 6%.
Detached Cottage/Bungalow: , Consists of:
Lounge/Kitchen
Double Bedroom
Bathroom
Outside, private courtyard & driveway
Gas central heating & uPVC double glazing
Main Building: , Consists of:-
2 ground floor apartments - with
Kitchen/Lounge
Bedroom
Bath/shower room
1 First Floor apartment - with
Kitchen
Lounge
Bedroom
Bath/shower room
1 spacious maisonette arranged over the first & second floor :- with
Kitchen/Dining/Lounge
Cloakroom/wc
& 1 Bedroom all on the first floor with
2 further bedrooms on the second floor
All apartments have electric heating & double glazing
Outside: , The property is surrounded by low maintenance slate chipped gardens with space for off road parking. There is also a block paved driveway/off road parking in front of the cottage.
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.