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24 Grosvenor Road, Skegness

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

11

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

An extremely well maintained and presented 11 bed HMO located in the vibrant seaside town of Skegness on the east coast of Lincolnshire.
The property is currently fully let withmany long-standing tenants and is generating £55,900 per annum (offering avery attractive gross investment yield of approx. 18% on the asking price). This is a fantastic opportunity toacquire an extremely well-run HMO with an established and stable income streamproviding a day 1 return. **Please note for portfolio investorsnumber 15 Grosvenor Road is also available for purchase. Generating £55,900 perannum. Asking price £295,000.**

Location-Set approx. 0.3 miles from the main town centre, in the well serviced seaside town of Skegness. Skegness’s blue flag beach is approx. 0.5 miles. Skegness railway station is situated approximately 0.3 miles to the south. From Skegness there are direct services to Wainfleet (9 mins) and Nottingham (2 hours 6 mins). By road, Skegness is located approximately 42 miles east of Lincoln, 55 miles northeast of Peterborough, 72 miles southeast of Kingston upon Hull, 79 miles east of Nottingham and 84 miles northeast of Leicester. ACCOMMODATIONSet over three floors the well-presented accommodation includes:Ground Floor- Hall with separate access to the rear garden, five bedrooms and a shower roomFirst Floor- Kitchen with modern fitted units, 2 x electric oven and hobs, sink and drainer and finished with dining table and chairs, Lounge and two further shower roomsSecond Floor- Four further bedrooms, one with kitchenette and a separate WCOUTSIDE To the front there is a private parking space. To the rear there is a low maintenance garden area with covered smoking area. General Condition:
The property has been meticulously maintained and managed by the current owner. Windows are uPVC double glazed throughout. Shower rooms are all fitted with modern white suites and are fully tiled.Services: Full mains services of water, electricity, gas and drainage are connected. Heating is gas fired. EPC Rating: D 63.

Brochures

Full Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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24 Grosvenor Road, Skegness

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About ROBERT BELL & COMPANY LIMITED, Horncastle

Old Bank Chambers, Bull Ring, Horncastle, LN9 5HY

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Current average is 4.5%
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Monthly repayments
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Disclaimer - Property reference 12796720. 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 ROBERT BELL & COMPANY LIMITED, Horncastle. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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