8 bedroom flat for sale

Drummond Road, Skegness

Guide Price* £275,000

Property Description

Key features

  • For Sale By Online Auction
  • Detached Block of Flats
  • 8 x 1 Bedroom Flats
  • Modernised & Upgraded
  • No Onward Chain
  • Rental Yields circa 39,000/year
  • Close to Town & Sea Front

Full description

FOR SALE BY ONLINE AUCTION. Starting bid £275,000. Terms and conditions apply.
Detached block of flats comprising of eight flats. Recently upgraded and improved the block comprises of 8 x 1 bedroom flats. Each flat has a modern bathroom/shower room, double bedroom and re-fitted kitchens. The building has separate electric meters for each flat and there is a hard wired smoke alarm throughout the flats. Located near to the sea front and the town centre they offer a convenient position for the lettings market. The property has some tenants in situ and with full occupation based on rents achieved previously would yield £39,000/year.

Introduction - Detached block of flats comprising of eight flats. Recently upgraded and improved the block comprises of 8 x 1 bedroom flats. Each flat has a modern bathroom/shower room, double bedroom and re-fitted kitchens. The building has separate electric meters for each flat and there is a hard wired smoke alarm throughout the flats, uPVC double glazing and electric panel heaters throughout the flats. Located near to the sea front and the town centre they offer a convenient position for the lettings market. The property has some tenants in situ and with full occupation based on rents achieved previously would yield £39,000/year.

Location - Situated on Drummond Road only half a mile from the town centre and the sea front and beach.

Directions - From our office on Roman Bank proceed onto the one way system and take the third exit onto Richmond Drive. At the traffic lights turn left onto Sandbeck Avenue. At the bottom of Sandbeck Avenue turn right onto Drummond Road and the property can be found on the left hand side marked by our for sale board.

Particulars Of Sale - The property has a communal front entrance and hallway with cupboards housing the consumer units, smoke alarm and television ariel points and electric meters. There are stop taps to the water on each floor of the building. There are two external doors leading to the rear courtyard.

Flat One - Comprises hallway, open plan lounge/kitchen, shower room and double bedroom.

Flat Two - Comprises hallway, open plan lounge/kitchen, shower room and double bedroom.

Flat Three - Comprises hallway with door to the rear courtyard, bathroom, double bedroom and larger open plan kitchen/lounge/diner.

Flat Four - Comprises hallway with door to the rear courtyard, bathroom, double bedroom and larger open plan kitchen/lounge/diner.

Flat Five - Comprises hallway, open plan lounge/kitchen, shower room and double bedroom.

Flat Six - Comprises hallway, double bedroom, shower room, lounge, separate kitchen, balcony to the front aspect.

Flat Seven - Comprises hallway, open plan lounge/kitchen, shower room and double bedroom.

Flat Eight - Comprises hallway, double bedroom, shower room, lounge, separate kitchen.

Tenure - We are advised by the owners that the property is Freehold, although we have not had confirmation from the solicitors.

Local Authority - East Lindsey District Council, Manby, 01507 601111.

Services - The property has mains water, sewerage and electricity. We have not tested any heating systems, fixtures, appliances or services.

Viewing Arrangements - By appointment only with the sole selling agents LOVELLE ESTATE AGENCY, telephone the Skegness office 01754 769769.

We recommend prior to making an appointment to view, prospective purchasers discuss any particular points likely to affect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.

Mortgage Advice - Budgeting correctly and choosing the right mortgage for a move is vital. For independent mortgage and insurance advice call our Skegness office on 01754 769769 to arrange an appointment.

Independent advice will be given by Licensed Credit Brokers. Written quotations on request.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER LOANS SECURED ON IT.

How To Make An Offer - If you are interested in this property then it is important that you contact us at your earliest convenience. Failure to do so may ultimately lead to you losing out on the property. For any offer you wish to make we will need to establish certain details before negotiation can take place. This is so that our vendor can make an informed choice when negotiating and accepting your offer. You will be asked to provide formal I.D. And address verification, as required under new Money Laundering Legislation. You might also have one or two questions for us, such as which solicitor to choose, or which mortgage lender has the best offers available for me. We have a one stop shop to satisfy all of these needs so please ask.

Energy Performance Certificate - A copy of the full Energy Performance Certificate for this property is available upon request.

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More information from this agent

Listing History

Added on Rightmove:
04 May 2018

Nearest stations

  • Skegness (0.5 mi)
  • Havenhouse (3.3 mi)
  • Wainfleet (5.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Lovelle Estate Agency, Skegness

13 Roman Bank, Skegness, PE25 2SA

01754 484018 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Skegness (0.5 mi)
  • Havenhouse (3.3 mi)
  • Wainfleet (5.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lovelle Estate Agency, Skegness

13 Roman Bank, Skegness, PE25 2SA

01754 484018 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 27837795. 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 Lovelle Estate Agency, 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 Lovelle Estate Agency, Skegness on 01754 769769.


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