£215,000
4 bed block of flats for saleDorothy Avenue, Skegness, Lincolnshire PE25
4 beds
4 baths
4 receptions
Just added
Freehold
About this property
Semi Detached Property Split into 3x1 bed and 1x2 bed flats
Skegness Centre Location
Sold With Tenants in Situ
£25,540 Per Annum Gross Income
Viewings Welcome
EPC Ratings - C, Council Tax Bands - A
Gas Central Heating
Freehold Property
An excellent opportunity to acquire a fully let investment property situated within Skegness Town Centre, offering immediate rental income and excellent access to the town's wide range of amenities, transport links and the seafront.
The property has been converted into four self-contained flats, comprising three one-bedroom apartments and one two-bedroom apartment, each let on Assured Shorthold Tenancy agreements, making this an ideal addition to an existing investment portfolio or an excellent opportunity for those looking to expand their rental holdings.
Each flat benefits from its own kitchen and bathroom facilities and is served by gas central heating, providing comfortable accommodation for tenants whilst keeping ongoing maintenance straightforward.
We have been advised by the seller that the property currently generates a gross annual rental income of £25,540. Prospective purchasers are advised to satisfy themselves regarding the tenancy agreements, rental figures and associated documentation.
Located within the heart of Skegness Town Centre, the property enjoys strong demand from tenants thanks to its convenient position within walking distance of shops, supermarkets, transport links and the seafront.
An income-producing investment in a sought-after coastal location, offering an excellent opportunity to acquire a ready-made addition to any property portfolio. Early viewing is highly recommended.
Ground Floor Flat 1
Entrance Hall 1
Lounge 1
3.76m x 4.14m - 12'4” x 13'7”
Kitchen
Bedroom 1
2.35m x 3.56m - 7'9” x 11'8”
En-Suite 1
2.47m x 1.73m - 8'1” x 5'8”
Ground Floor Flat 4
Entrance Hall 4
Lounge 4
3.83m x 3.65m - 12'7” x 11'12”
Kitchen 4
3.48m x 1.48m - 11'5” x 4'10”
Bathroom 4
2.42m x 1.73m - 7'11” x 5'8”
First Floor Landing
Bedroom
3.6m x 3.65m - 11'10” x 11'12”
Bedroom
2.68m x 2.64m - 8'10” x 8'8”
First Floor Flat 2
Lounge/Dining Room 2
3.84m x 3.28m - 12'7” x 10'9”
Kitchen
1.63m x 2.09m - 5'4” x 6'10”
Shower Room 2
Second Floor Flat 3
Kitchen/Dining Room 3
2.73m x 3.57m - 8'11” x 11'9”
Lounge 3
4.23m x 2.69m - 13'11” x 8'10”
Bedroom 3
3.2m x 2.68m - 10'6” x 8'10”
Bathroom 3
2m x 1.8m - 6'7” x 5'11”
The property has been converted into four self-contained flats, comprising three one-bedroom apartments and one two-bedroom apartment, each let on Assured Shorthold Tenancy agreements, making this an ideal addition to an existing investment portfolio or an excellent opportunity for those looking to expand their rental holdings.
Each flat benefits from its own kitchen and bathroom facilities and is served by gas central heating, providing comfortable accommodation for tenants whilst keeping ongoing maintenance straightforward.
We have been advised by the seller that the property currently generates a gross annual rental income of £25,540. Prospective purchasers are advised to satisfy themselves regarding the tenancy agreements, rental figures and associated documentation.
Located within the heart of Skegness Town Centre, the property enjoys strong demand from tenants thanks to its convenient position within walking distance of shops, supermarkets, transport links and the seafront.
An income-producing investment in a sought-after coastal location, offering an excellent opportunity to acquire a ready-made addition to any property portfolio. Early viewing is highly recommended.
Ground Floor Flat 1
Entrance Hall 1
Lounge 1
3.76m x 4.14m - 12'4” x 13'7”
Kitchen
Bedroom 1
2.35m x 3.56m - 7'9” x 11'8”
En-Suite 1
2.47m x 1.73m - 8'1” x 5'8”
Ground Floor Flat 4
Entrance Hall 4
Lounge 4
3.83m x 3.65m - 12'7” x 11'12”
Kitchen 4
3.48m x 1.48m - 11'5” x 4'10”
Bathroom 4
2.42m x 1.73m - 7'11” x 5'8”
First Floor Landing
Bedroom
3.6m x 3.65m - 11'10” x 11'12”
Bedroom
2.68m x 2.64m - 8'10” x 8'8”
First Floor Flat 2
Lounge/Dining Room 2
3.84m x 3.28m - 12'7” x 10'9”
Kitchen
1.63m x 2.09m - 5'4” x 6'10”
Shower Room 2
Second Floor Flat 3
Kitchen/Dining Room 3
2.73m x 3.57m - 8'11” x 11'9”
Lounge 3
4.23m x 2.69m - 13'11” x 8'10”
Bedroom 3
3.2m x 2.68m - 10'6” x 8'10”
Bathroom 3
2m x 1.8m - 6'7” x 5'11”
Mortgage calculator
Monthly repayment
£1,075 per month
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