£550,000

7 bed detached house for sale
Park Avenue, Skegness PE25

- 7 beds
- 5 baths
- 5 receptions
EPC Rating: C

Chain free

Freehold

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.