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£275,000

6 bed block of flats for sale
Vernon Road, Skegness, Lincolnshire PE25

    • 6 beds

    • 6 baths

    • 6 receptions

Freehold
Added on 02/10/2025

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

More information

  • Tenure

    Freehold

  • Council tax band

    A

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