1 bed flat for sale

Flat 5 Guernsey Court, Robin Hood Road, Skegness, Lincolnshire PE25

Guide Price = £45,000+

**For Sale By Public Auction 10th September 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Second Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £6,900 Per Annum

Tenure
Leasehold. The property is held on a 99 year lease from 23rd November 1990 (thus approximately 64 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Skegness Beach are within easy reach. Transport links are provided by Skegness rail station.

Description
The property comprises a second floor one bedroom flat situated within a purpose built block arranged over ground and two upper floors.

Accommodation
Second Floor
Reception Room
Kitchen
Bedroom
Bathroom

Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 6 months commencing 25th July 2025 at a rent of £575 per calendar month.

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating
D


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