About the property
A substantial 3 storey semi-detached house constructed circa 1910 and located close to Skegness seafront. An excellent investment opportunity this has been converted to provide 7 studio flats and a spacious 2 bedroom ground floor apartment with large attached garage and separate communal utility room. Some of the flats require light refurbishment but this would be an excellent opportunity as fully let we anticipate a rental income in the region of £38,000 per annum representing and investment yield of circa 12.6% at the asking price. Gardens to front and rear. - NOT TO BE MISSED. Read more
Important information
This is a Freehold property.
EPC Rating is D
Property at a glance
- • Substantial 3 Storey Semi-Detached House
- • Converted To Provide 7 Studio Flats & A Large 2 Bed Flat
- • Fantastic Position Close To Skegness Seafront
- • Currently Vacant But When Fully Let Anticipate To Generate Circa £38,000 Per Annum
- • Requiring Light Refurbishment
- • Representing An Investment Yield Of Crica 12.6%
- • An Excellent Investment Opportunity
Contact agent
Contact agent
Jackson Green & Preston
19 West Saint Marys Gate
Grimsby
Lincolnshire
DN31 1LE
United Kingdom
enquiries@jacksongreenpreston.co.ukProperty Photos