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3 bedroom flat for sale

Sea View Road, Skegness

Sold STC £140,000

Property Description

Key features

  • FOR SALE BY AUCTION - Guide Price Of 140,000
  • 26th September at The Derbyshire County Cricket Ground at 11.30am
  • 3 Flats Available with NO UPWARD CHAIN - Guest holiday let business potential
  • Thriving East Coast Resort great access to Skegness Seafront & Beach
  • Viewing Essential, call today on 01754 768311!

Full description

Tenure: Leasehold


SUMMARY
Fully Furished BLOCK OF 3 FLATS each comprising of 1 Bedroom, En-Suite & Open Plan Living Kitchen - currently being utalized as HOLIDAY LETS - For Sale by Auction, Guide Price of £140,000. Call today to VIEW on 01754 768311.


DESCRIPTION
FOR SALE BY AUCTION - Opportunity to purchase these Unique & VERSATILE 3 First Floor Self Contained Flats, 2 of which are currently being utalized as HOLIDAY LETS, ideal for any potential buyer wanting to generate an Income. Ideally set up in order to continue the business immediately upon purchase & has the added benefit of CCTV in the common area for added security & an ALLOCATED PARKING SPACE for each Flat. The flats & the building itself have undergone extensive refurbishment - each flat completed to HMO regulations, with NEW independent electric & water supplies & NEW fire alarm system, fully rewired, re-plumbed, re-plastered & with refitted & re-decorated interiors (all been over seen by the Local Housing Standards Officer). Located in the thriving East Coast Resort of Skegness, positioned to offer great access to Skegness Seafront & BEACH in addition to a wide range of amenities & he extensive facilities available in this thriving town. The Flats would create a fantastic investment purchase for those wishing to acquire a property which ideally lends itself to being a Holiday Let Apartment or as their own Holiday Home by the East Coast, whilst also offering the scope to be used as a large 3 Bed 1st Floor Flat. To avoid disappointment an early viewing is highly recommended by the selling agent to gain a better understanding of this fantastic opportunity for which further information and details can be obtained by contacting 01754 768311 today.

Communal Entrance  
Providing access to all three first floor flats is via a self contained side entrance door which is double glazed and has the benefit of CCTV monitoring, leading into a useful entrance lobby area with stairs rising to the first floor landing with wall mounted radiator, which has an open banister stair case of which are located the three self-contained entrance doors allowing access into each respective flat.

Flat 1 Details 

Open Plan Living Kitchen 12' 11" x 12' 6" plus breakfast bar recess ( 3.94m x 3.81m plus breakfast bar recess )
Accessed via an Entrance door providing access into;

Kitchen Area  
This space has been carefully planned and is well equipped being fitted with a stylish range of white gloss wall, base and drawer units with complementary work top surfaces, tiled splash backs, integrated electric oven, electric kick heater, glass splash back to the hob area with a black finish extractor hood over, inset sink with mixer taps, fridge freezer, ceiling spotlights, feature flooring and a double glazed window to the side elevation. There is also a breakfast bar area which is set with the 'turret' style window recess which offers views along Sea View Road towards the sea and is an ideal area to people watch whilst dining and an electric fuse box. The Kitchen is fully equipped with all the necessary kitchen accessories including a microwave, oven, toaster, kettle, cutlery and crockery etc.

Living Area 
Having a comfortable sofa bed, coffee table, electric radiator and television, with a door leading into;

Bedroom  10' 11" max x 11' 10" ( 3.33m max x 3.61m )
Which has a double glazed window to the front elevation, electric radiator, television, fitted wardrobes ideal for storage provisions with mirror front which also incorporates a useful dressing table/desk facility, bedside cabinets, double bed with useful storage drawer below and headboard and a door leading into;

En-Suite Shower Room 
Which is fitted with a stylish three piece suite comprising of a low flush WC, inset wash hand basin with useful vanity store cupboard below, tiled splash backs, shaver point, double glazed opaque window, feature radiator, ceiling spotlights, extractor and an electric shower incorporated within an enclosed shower cubicle.

Flat 2 Details 

Open Plan Lounge Kitchen  10' 6" x 13' ( 3.20m x 3.96m )
Fitted with a stylish range of wall, base and drawer units with an integrated electric oven. hob and extractor chimney over, inset sink with mixer taps, complimentary worktops and splashbacks, with a glass splashbacks immediately adjacent to the hob area, smoke and fire alarm system, feature lighting and suspended feature ceiling LED spotlights. The kitchen is equipped with additional appliances such as Kettle, microwave and toaster, crockery & cutlery, electric fuse box, electric coin meter, electric radiator, feature flooring and a fridge/freezer whilst to the lounge area is a sofa, coffee table, 3 seater bed settee, butterfly table & chairs and a TV/DVD player with natural light coming from the double glazed window to the side elevation. Door off into the:-

Bedroom 13' 5" x 12' 7" ( 4.09m x 3.84m )
With a double glazed window to the rear elevation, electric radiator, stylish ceiling spotlights and range of bedroom furniture including double bed with accompanying bed side cabinets, mirror fronted wardrobes with a makeup area/dressing table with drawers and mirrors and additional cupboards over. There is a door into the En-Suite. (There is a further access door which links into the inner connecting hallway, which links flat 2 with flat 3 and vice versa if required. This door is lockable to keep them separated, but for a prospective buyer wishing to purchase all flats, this inter connecting door facility would be ideal for those wishing to create these three flats into one large flat, thus creating a particularly well proportioned property. Interested parties would be advised to fully view the floor plan in order to gain a better understanding of this versatility and arrange an internal viewing ideally.)

En-Suite 
With a corner shower cubicle incorporating within it an electric shower, wash hand basin inset into a vanity unit with useful cupboards below, low flush WC, feature flooring, ceiling spotlights, tiled splashbacks, double glazed opaque window to the side elevation, white ladder style radiator and extractor.

Flat 3 Details 

Open Plan Kitchen/lounge/diner 9' 7" x 9' 7" ( 2.92m x 2.92m )
Fitted with a good range of white gloss wall, base and drawer units with complimentary worktop surfaces and tiled splashbacks, ceiling suspended LED lighting, range of appliances included such as Kettle, microwave, toaster, crockery & cutlery, fridge freezer & integrated hob with extractor chimney over with a feature glass splashbacks, inset sink with mixer taps over electric radiator, integrated oven, circular table with 4 chairs, fire blanket, electric fuse box. Door into the:-

Bedroom  13' 11" plus window recess x 13' 6" ( 4.24m plus window recess x 4.11m )
With a useful window recess study area with double glazed window allowing for natural light, which creates a pleasant feature to the room, electric heater, ceiling spotlights, further glass brick window to the side, creating a dual aspect and allowing for a good amount of natural light, further recess which incorporates a mirror and built in cupboards to the surround, wall mounted TV/DVD player, wardrobe, bedside cabinet, 2 single beds(There is a further access door which links into the inner connecting hallway, which links flat 2 with flat 3 and vice versa if required. This door is lockable to keep them separated, but for a prospective buyer wishing to purchase all flats, this inter connecting door facility would be ideal for those wishing to create these three flats into one large flat, thus creating a particularly well proportioned property. Interested parties would be advised to fully view the floor plan in order to gain a better understanding of this versatility and arrange an internal viewing ideally.)

En-Suite Shower Room 
With an oversized shower cubicle incorporating electric shower therein, tiled splashbacks, double glazed opaque window to the side, wash hand basin inset into a vanity unit with useful cupboards below, low flush WC, shaver light and point, stylish towel rail, extractor, feature flooring and ceiling spotlights.

Externally 
There is parking provision available to the front of the property by way of a numbered and allocated space per flat with a security bar fitted.

Agents Note 
The current owners typically generate approx. annual income of around £7,000 on the basis that 2 of the 3 flats are let out on a holiday let basis. This arrangement has only been in place on a part time/second income basis, consequently the full income potential would be significantly higher were all three to be let out all year round. The following TripAdvisor links direct you to additional information which may be useful to a prospective buyer, the two flats features having the benefit of a 2017 Certificate of Excellence as issued by Tripadvisor, please see image illustration featured.

Tripadvisor Link - Flat One 
https://www.tripadvisor.co.uk/VacationRentalReview-g190733-d8488142-Tudor_Flats_Flat_1-Skegness_Lincolnshire_England.html

Tripadvisor Link - Flat Two 
https://www.tripadvisor.co.uk/VacationRentalReview-g190733-d8488142-Tudor_Flats_Flat_2-Skegness_Lincolnshire_England.html

Tripadvisor Link - Flat Three 
https://www.tripadvisor.co.uk/VacationRentalReview-g190733-d8488357-Tudor_Flats_Flat_3-Skegness_Lincolnshire_England.html

Lease Details 
The vendor has advised us that the Flats have their own separate Leases having approx. 115 years left on each with a peppercorn ground rent. All of the flats own 1/12th of the management company which has recently been set up & is in the final stages of obtaining the Freehold from The Crown, so in effect each flat will hold part of the Freehold.

Property Incentive 
The business rates for all three flats has been paid for this financial year 2018/2019 the owner has infromed us.

Agents Photographic Note 
Please be advised that the final 4 images featured on the Internet show local landmarks, including the beach taken in & around the Skegness area - all of which are in close proximity to the Flats - used for illustrative purposes.

Area Information 
Please follow the link below which will provide a useful source of information relating to the local area.
https://lovelincolnshirewolds.com/explore.

Viewings 
William H Brown, 20 Roman Bank, Skegness, Lincolnshire, PE25 2RU. Tel: 01754 768311.

Auction 

Conditions Of Sale 
The Conditions of Sale will be deposited at the offices of the auctioneers, Bagshaws Residential, and vendors solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers, Bagshaws Residential, before the sale that the property is neither sold or withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

*guide And Reserve Prices 
Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Note 
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits. The sale of each lot is subject to a contract documentation charge £995.00 (including VAT) payable on the fall of the hammer. If you are unable to attend the auction for any reason you can still bid on the property either by telephone or proxy bid, please contact the auctioneers for further information.
Guidance notes are set out in the catalogue in relation to auction property, particularly from a purchasing perspective.


DIRECTIONS
See Multi Map Illustration.


We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.


More information from this agent

Listing History

Added on Rightmove:
14 August 2018

Floorplans

Map & Street View

Disclaimer - Property reference SKG104107. 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 William H. Brown, Skegness. 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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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call William H. Brown, Skegness on 01754 768311.


Map data OpenStreetMap contributors.