Wainfleet Road, Skegness, Lincolnshire, PE25

- PROPERTY TYPE
Semi-Detached
- BEDROOMS
6
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 6 bedroom semi-detached property
- Being sold with tenants in situ
- Current rental income of £940pcm (£11,280 per annum)
- Potential to look at the property being used as a HMO however confirmation would need to be gain from the local council
- Gross yield of 6.6%
- Freehold property
Description
High-Yield Freehold Opportunity | 6.6% Gross Yield | Tenanted
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Pure Investor is pleased to present an outstanding investment opportunity in a sought-after coastal location in Skegness, an area known for consistently strong rental demand and resilient long-term returns.
Guide Price: £170,000 (Freehold)
Current Rental Income: £940 PCM (£11,280 per annum)
Gross Yield: 6.6%
This six-bedroom semi-detached property offers a rare chance to acquire a high-yielding, fully tenanted asset generating immediate income from day one. With tenants already in situ, investors benefit from stable cash flow without void periods or re-letting costs.
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Investment Highlights
* Attractive 6.6% Gross Yield - Outperforms typical UK residential returns, with further income potential through strategic management.
* Freehold Tenure - Full ownership with no ground rent or service charges, boosting net yield and long-term capital growth.
* Immediate Income - Established tenancy producing £940 per month, ensuring instant returns.
* Low Council Tax (Band A) - Reduced running costs enhance net profitability and appeal to value-focused tenants.
* Six-Bedroom Layout - High rental density and flexibility, suitable for professional sharers, large families, or multi-generational households-strong demand segments within Skegness.
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Property Features
This spacious semi-detached home is well configured for the thriving local rental market and offers:
* Six generously sized bedrooms
* Two reception rooms featuring period fireplaces and excellent natural light
* Gas central heating and double glazing throughout
* Large brick outhouse with sink for additional storage or utility use
* External WC
* Street parking for residents
* Mains water and sewerage
* Ultrafast broadband availability (up to 1000 Mbps)
* EPC Rating: D.
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LET PURE INVESTOR TAKE THE STRAIN AWAY .....
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.
Fully managed lettings and property management service
Comprehensive coverage throughout England and Wales
One team, one fee across your full portfolio
Rental income protection available
Transfer your existing properties quickly and easily
If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: to find out more
- 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.
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- 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.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Wainfleet Road, Skegness, Lincolnshire, PE25
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Visit our security centre to find out moreDisclaimer - Property reference 94-Wainfleet-Road-Skegness. 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 Pure, Manchester. 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. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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