5 bed block of flats for sale

Drummond Road, Skegness, Lincolnshire PE25

Being sold via secure sale online bidding. Terms and conditions apply. Starting bid £180,000. This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted, ultimately a transparent process which provides speed security and certainty for all parties. HomeMove Estate Agents by Carl Smith are pleased to present to the market, the leasehold interest of this semi-detached property which is located close to the town centre and seafront. Comprising five x one-bedroom flats producing an income of £2550 pcm currently. Most of the flats have electric heating with one flat having gas. Upvc double glazing is installed. Viewings are available from now and will be subject to a notice period for the tenants. The selling agents are currently awaiting a copy of the lease.

flat one

Hallway With doors to rooms:-

Open Plan Lounge/ Kitchen

With a double glazed walk in bay window, electric radiator, picture rail, decorative coving, The kitchen area comprises of a range of white gloss base and drawer units incorporating an integrated electric oven, hob and inset sink with mixer taps over, useful shelving and space for further appliances in the Kitchen area.

Bedroom

With double glazed window to the rear elevation, decorative coving, fitted wardrobe, electric wall mounted heater and door allowing access into the:-

Shower Room

Fitted with a 3 piece suite comprising of a tiled shower cubicle with electric shower therein, wall mounted wash hand basin, low flush WC, electric chrome effect ladder style radiator, extractor, tiled splash backs.

Flat two

Lounge

Having an Electric wall mounted heater, built in cupboard. With access to;

Inner Hall Area

Kitchen

Which is fitted with a range of wall, base and drawer units with complimentary work top surfaces over and tiled splash backs, circular inset sink with mixer taps over, natural light by way of a double glazed window to the side elevation, wall mounted extractor, space for appliances and a door allowing access into;

Shower Room
Which is fitted with a shower cubicle incorporating an Electric shower therein, complimentary tiled splash backs to the walls, extractor, low flush WC, pedestal wash hand basin, electric wall mounted heater, and a double glazed opaque window to the side elevation.

Bedroom

With a double glazed window, electric fuse box, a useful shelf recess, with an entrance door, which leads into the communal hallway of the building.

Flat three

Hall

With electric heater and doors.

Lounge / Kitchen

Upvc window to rear aspect, electric heater, wall and base cupboard with worktop over, stainless steel sink, electric oven and hob with extractor over.

Bedroom

With Upvc window to side aspect, and electric heater.

Bathroom

With Upvc window to side aspect, w.c, wash hand basin and panelled bath with shower over.

Flat four

Lounge/Kitchen

With Upvc windows to front aspect, electric heater, wall and base cupboards with worktop over, stainless steel sink and electric oven with hob.

Bathroom

With panelled bath with shower over, wash hand basin and wc.

Bedroom

With Upvc window to rear aspect and electric heater.

Flat five

Living Area - Fitted with laminate flooring and radiator

Kitchen Area - Fitted with wood effect wall, drawer and base units with black modern worktop over, single drainer sink units with mixer tap over and washing machine. Kitchen is fitted with laminate flooring.

Bedroom - With radiator.

Bathroom - Fitted with white three piece suite low level W/C, bath with shower over and pedestal hand wash basin.

Auctioneers additional comments:

Pattinson auction are working in partnership with the marketing agent on this online auction sale and are referred to below as the auctioneer This auction lot is being sold either unconditional (Modern) or conditional (traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent The property is available to be viewed strictly by appointment only via the Marketing Agent or the auctioneer Bids can be made via the Marketing agents or via the Auctioneers website Please be aware that any inquiry bid or viewing of the subject property will require your details being shared between both any Marketing Agent and the Auctioneer in order that all matters can be dealt with if effectively the property is being sold via a transparent online auction in order to submit a bid upon any property being marketed by the auctioneer or bidders/ buyers will be required to adhere to a verification of identification process in accordance with anti money laundering procedures can be submitted at any time and from anywhere Verification process is in place to ensure that aml procedure are carried out in accordance with the law the advertised price is commonly referred to as a starting bid or guide price and is accompanied by a reserve price the reserve price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the guide price These prices are subject to change An auction can be closed at any time with the auctioneer permitting for the property to be sold prior to the end of the auction A legal pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding The legal pack will also outline the Buyers obligations and sellers commitments it is strongly advised that you seek the console of a solicitor prior to proceeding with any property and land title purchase Auctioneers additional comments in order to skew the property and ensure commitment from the seller upon exchange of contracts the successful bidder will be expected to pay a non refundable deposit equivalent to 5% of the purchase price of the property The deposit will be a contribution towards purchase price a non refundable reservation fee of up to 6% including VAT subject to a minimum of £6000 including that is also required to be paid upon agreement of sale the reservation fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any stamp duty land tax liability associated with overall purchase costs both the marketing agent and the auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers from which a referral fee may be obtained there is no requirement or indeed obligation to use these recommended suppliers or services

Situation:

Skegness is the principal Lincolnshire coastal resort with a resident population of around 20,000 persons increasing substantially in the summer months with the influx of holidaymakers and day visitors. It is some 40 miles east and south of Lincoln and Grimsby respectively with main communication links via the A52 & A158 roads to the south and Midlands.

General Information:
Local Authority: East Lindsey District Council. The agency website indicates Tax band A. Energy Rating D, D, E, D, C

leasehold – 125 years from 2008

Carl Smith, HomeMove Lincolnshire:
Carl joined the HomeMove team in 2021, bringing over 20 years of experience in the property industry and more than 15 years of managing estate agency branches across Skegness, Louth, and Grantham. With his comprehensive understanding of the Lincolnshire property market, Carl is proud to be considered a local expert. In 2025, HomeMove Lincolnshire was proudly recognised as the estas Winner for ‘Best Agent in the PE25’ postcode. Feel free to reach out to Carl for professional property advice and support.

* When you make an offer on a property, we are required by law to carry out id and Financial verification checks. As part of this we will need to see documents including Proof of id, Address and Financial Statements and we will carry out a ‘SmartSearch’ chargeable at £15.00 per buyer. HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers.