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15 Grosvenor Road, Skegness

Key features

  • 11 Bed HMO Property
  • Freehold
  • Fully let with long standing tenants
  • Extremely well maintained and managed
  • Providing immediate return on investment
  • Offering approx. 18.94% gross return against asking price
  • Close to town centre and all local amenities

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 ((offeringa very attractive gross investment yield of approx. 18.94% on the askingprice). 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 24 Grosvenor Road is also available for purchase. Generating £55,900 perannum. Asking price £309,000**
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.  Set over three floors the well-presentedaccommodation includes: Ground Floor- Hall with separate access to the reargarden, five bedrooms and a shower roomFirst Floor- Kitchen Living Room with modernfitted units, 2 x electric oven and hobs, sink and drainer and finished withdining table and chairs and wall mounted TV, four further bedrooms, two furthershower rooms and a separate WC
Second Floor- Two further bedrooms, one withkitchenette OUTSIDETo the rear there is a low maintenancegarden area, secured gated parking area and a Garage with roller shutter door.  General Condition:The property has been meticulouslymaintained and managed by the current owner. Windows are uPVC double glazedthroughout. Shower rooms are all fitted with modern white suites and are fullytiled.Services: Full mains services of water,electricity, gas and drainage are connected. Heating is gas fired. EPC rating: D 60. 

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.
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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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15 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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Disclaimer - Property reference 12796734. 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.

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