37 bedroom block of apartments for sale
Skegness, Lincolnshire, PE25
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
37
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- HIGH YIELDING RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE FREEHOLD
- 23 Individual Apartments in 3 Separate Residential Blocks
- Annual Rental Income £142,740 per annum with Potential for Rental Growth
- Each Apartment has Individual Council Tax and Metered Supplies
- Over 10,000sqft of Accommodation on Assured Shorthold Tenancies
Description
The seaside town of Skegness is located approximately 140 miles to the north of London on the South Lincolnshire Fens.
Along with Ingoldmells, it has a large, combined visitor population of over 1.5 million visitors and is known for its large number of tourist attractions, bars, restaurants and hotels. It is connected to the mainline via the railway and through the road network from the A152 and the A52, the A158 from Lincoln which is approximately 40 miles to the west.
The properties are all located within the town in residential areas.
Description...
The properties are For Sale freehold as a portfolio subject to contract and with the benefit of their existing Assured Shorthold Tenancy Leases.
Property 1
A converted house and purpose built accommodation providing 14 individual apartments.
The property is located in a desirable residential area of Skegness behind the main road frontage overlooking the coast on a plot extending to just under 1 acre.
Each apartment is rated Council Tax Band A, the properties benefitting from gas or electric storage heating and having individual utility bills.
Communal facilities include substantial parking areas, entrance hall, bin stores.
Property 2
This property comprises a former house historically converted into 3 large apartments providing 2 x two bedroomed apartments and 1 three bedroomed apartment.
The building again is of conventional construction with the accommodation arranged on the ground, first and second floor with a communal staircase.
The properties have individual gas central heating with parking to the side.
Property 3
This is a centrally located residential block of 6 individual apartments arranged on the ground, first and second floor comprising 5 two bedroomed apartments with gas central heating and a second floor studio apartment with electric heating.
The property is located close to the centre of Skegness in a mixed use largely residential and leisure-based area on a prominent corner location.
The property includes 5 parking spaces.
- 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.
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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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Energy performance certificate - ask agent
Skegness, Lincolnshire, PE25
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About Poyntons Consultancy Commercial, Lincolnshire Office
Poyntons Consultancy Ltd - Commercial, 24,26 and 28, South Street, Boston, Lincolnshire, PE21 6HTYour mortgage
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Visit our security centre to find out moreDisclaimer - Property reference SkegnessPortfolio. 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 Poyntons Consultancy Commercial, Lincolnshire Office. 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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