£275,000
6 bed block of flats for saleVernon Road, Skegness, Lincolnshire PE25
6 beds
6 baths
6 receptions
Freehold
About this property
Semi Detached House Conversion
Six Self Contained Flats
Excellent Rental Yield
Producing £28,296 (10.2%)
Central Town Location
All Self Contained
Walking Distance To Amenities
No Upper Chain
Epc Ratings D & E C - Tax A
HomeMove Estate Agents are pleased to present to the market this great investment opportunity, located on Vernon Road close to the town centre in the bustling seaside resort of Skegness. The property which is currently arranged as five one-bedroom flats all currently let out producing a rental yield of 10.2%.
The building is up to date with electrical checks and fire safety standards. All flats are occupied on short term tenancy agreements
Viewings are available from now however notice will be required to allow the tenants notice.
- Flat 1
- Flat 2
- Flat 3
- Flat 4
- Flat 5
- Flat 6
Garden - The property is fronted by a garden
To the rear of the property you will find a garden.
Situation:
The property fronts Vernon Road and is close to the town centre and amenities. Boston is located 22 miles away and Lincoln is 43 miles away.
General Information:
Tenure: Freehold. Local Authority: East Lindsey District Council. The agency website indicates Tax band: A. Energy Rating: D & E
The building is up to date with electrical checks and fire safety standards. All flats are occupied on short term tenancy agreements
Viewings are available from now however notice will be required to allow the tenants notice.
- Flat 1
- Flat 2
- Flat 3
- Flat 4
- Flat 5
- Flat 6
Garden - The property is fronted by a garden
To the rear of the property you will find a garden.
Situation:
The property fronts Vernon Road and is close to the town centre and amenities. Boston is located 22 miles away and Lincoln is 43 miles away.
General Information:
Tenure: Freehold. Local Authority: East Lindsey District Council. The agency website indicates Tax band: A. Energy Rating: D & E
Mortgage calculator
Monthly repayment
£1,375 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



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