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Block of Apartments for sale

Wainfleet Road,Skegness,LincsPE25 3QT

Offers in Region of £120,000

Property Description

Full description

Tenure: Freehold

* THREE RESIDENTIAL FLATS

* FREEHOLD INVESTMENT PROPERTY

* GOOD LOCATION

* SELF CONTAINED with GAS CENTRAL HEATING & PVC DOUBLE GLAZED WINDOWS

* GOOD RENTAL INCOME

LOCATION
From Skegness Town Centre follow the A52, Wainfleet Road past Morrisons Supermarket and it lies on the left hand side just after the junction with Robin Hood Road.

ACCOMMODATION
Entrance HALL with pvc double glazed door, fire alarm control panel.

FLAT 1- Ground Floor

HALL with radiator; LOUNGE with radiator, electric fuses, pvc bay window to the front elevation; BEDROOM with double leaf radiator; INNER HALL with electric meter; BATH & SHOWER ROOM with hand basin, W.C, gas central heating boiler, radiator, pvc window; BREAKFAST KITCHEN with oak doored units, radiator, pvc window and opaque door to a concrete yard with pedestrian gate.

Rear YARD and pedestrian access.

FLAT 2 - First Floor

Separate BATHROOM with bath, hand basin and W.C, gas central heating boiler, radiator, opaque pvc window, door to UTILITY with single glazed window, space for appliances; LOUNGE with pvc bay window, electric fuses and coin meter, 2 radiators, doors to KITCHENETTE with pvc window, base and wall units; BEDROOM with double leaf radiator, pvc window to the rear elevation.

FLAT 3 - Second Floor

LANDING with access to roof space, radiator, pvc window, electric fuses and coin meter; SHOWER ROOM with cubicle, hand basin, W.C, radiator, opaque pvc window, space for washing machine, wall mounted gas central heating boiler; KITCHEN with base and wall units, extractor, doors to LOUNGE with pvc window to the front elevation, radiator; BEDROOM with radiator, pvc window to the front elevation.

TENURE
Freehold subject to the existing tenancies. The agents have not inspected the tenancy agreements which are advised to be Assured Shorthold.

SERVICES
Mains gas, electricity, water and sewerage services are understood to be connected. The property is understood to be served by three gas meters and one electric meter with submeters for flats 2 & 3. The agents have not inspected or tested any of the services or service installations and purchasers should rely on their own survey

RENT
FLAT 1 - 100 per week including water
FLAT 2 - 90 per week including water
FLAT 3 - 80 per week including water

Potential gross income - 14,040

The vendor has advised us that as of January 2014 each rent will increase by 5.00 per week.

Prospective purchasers are advised to satisfy themselves regarding rental income and occupancy at the time an offer to purchase is made.

VIEWING
By prior appointment with Turner Evans Stevens office in Skegness with 48 hours notice being appreciated.

N.B
The agents understand that the HMO Licence was renewed in November 2013 with works recently having been carried out to the Fire Alarm System, Electrics, Fire Doors fitted etc.

MEASUREMENTS: Measurements are approximate with the metric conversion shown in brackets, taken wall to wall unless otherwise stated.

DISCLAIMER: Notice is hereby given that these particulars are set for the guidance of proposed purchasers, and although due care is taken in their preparation and they are believed to be correct, proposed purchasers must not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to their correctness. These particulars are issued on the understanding that all negotiations are carried through the Agents Turner Evans Stevens but they do not constitute an offer or contract. Any price quoted in these particulars is subject to contract.

No person employed by Turner Evans Stevens Limited has any authority to make or give any representation or warranty whatsoever in relation to this property.

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
01 November 2011

Map & Street View

Disclaimer - Property reference SK006463. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Turner Evans Stevens, Skegness Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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