This property is no longer on the market
6 bedroom block of apartments
Key information
Property description & features
- Tenure: Freehold
- EXCELLENT RESIDENTIAL INVESTMENT
- 6 FREEHOLD ONE BEDROOM FLATS
- PRIME EDGE OF TOWN CENTRE LOCATION
- ALL WITH ELECTRIC HEATING & MODERN WIRING
- GROSS RENTAL INCOME £32,086
- EPC RATINGS D & C
• EXCELLENT RESIDENTIAL INVESTMENT
• 6 FREEHOLD ONE-BEDROOM FLATS
• PRIME EDGE OF TOWN CENTRE LOCATION
• ALL WITH ELECTRIC HEATING & MODERN WIRING
• INTERNAL PHOTOS AVAILABLE ON REQUEST
• EPC RATINGS D & C
Rooms
LOCATION Not provided
Skegness is the principal Lincolnshire coastal resort with a population of around 18,000 persons increasing substantially in the summer months with the influx of holiday makers and day visitors. It is some 40 miles east and south of Lincoln and Grimsby respectively with main communication links via the A52 and A158 roads to the south and Midlands. Skegness is well served by bus and rail services and the local primary and Grammar Schools have excellent reputations.
Castleton Boulevard lies to the north of the town centre with good access to shops, schools, parks and the beach. It is considered a good location for residential investment.
ACCOMMODATION Not provided
COMMUNAL HALL Not provided
FLAT 1 Not provided
RECEPTION HALL with electric storage heater, electric meter and fuses, understairs STORE; LOUNGE 14’11” x 11’8” maximum with pvc bay window, electric storage heater. KITCHEN 9’1” x 7’1” with base and wall unts, pvc window, store with insulated hot water cylinder and immesin heater. BEDROOM 14’ x 12’ including en-suite with 2 pvc windows, electric storage heater, EN-SUITE SHOWER ROOM with shower, hand basin, W.C, opaque pvc window, extractor.
FLAT 2 Not provided
LIVING ROOM & KITCHEN 17’10” x 8’6” with pvc window to the front elevation, electric meter and fuses, base and wall cupboards, digital radiator. BEDROOM 9’4” x 14’ approx. being shaped. With pvc window to the rear elevation, recessed built in wardrobe, electric storage heater, built in airing cupboard housing the insulated hot water cylinder and immersion heater. EN-SUITE SHOWER ROOM with shower enclosure, hand basin, W.C, extractor.
FIRST FLOOR LANDING Not provided
With pvc window.
FLAT 3 Not provided
HALL. LOUNGE/DINER 15’ x 11’8” With pvc window to the front elevation, electric storage heater, electric meter and fuses; KITCHEN 8’2” x 7’4” With pvc window, base and wall cupboards, extractor, built in cupboard housing the insulated hot water cylinder fitted with immersion heater. BEDROOM 11’4” x 11’6” With electric storage heater, 2 pvc windows. EN-SUITE SHOWER ROOM 9’ x 2’11” With tiled shower enclosure, hand basin, W.C, opaque pvc window, extractor.
FLAT 4 Not provided
HALL. BEDROOM 8’6” x 10’9” With electric storage heater, pvc door to Balcony. BATH & SHOWER ROOM 7’6” x 5’4” With bath with electric shower, hand basin, W.C, extractor. LIVING ROOM & KITCHEN 16’3” x 9’4” With 2 pvc windows, electric meters and fuses, electric storage hater, base and wall cupboards, STORE with built airing cupboard housing the insulated hot water cylinder fitted with immersion heater.
TOP FLOOR Not provided
With pvc window.
FLAT 5 Not provided
HALL. LOUNGE 15’1” x 11’8” With electric storage heater, electric coin meter and fuses, pvc bay window to the front elevation. KITCHEN 8’2” x 7’2” With base and wall cupboards, built in airing cupboard housing the insulated hot water cylinder fitted with immersion heater. BEDROOM 11’7” x 12’7” with electric storage heater, 2 pvc windows. EN-SUITE SHOWER ROOM With shower enclosure, W.C, hand basin, opaque pvc window, extractor.
FLAT 6 Not provided
STORE with built in airing cupboard housing the insulated hot water cylinder fitted with immersion heater, water header tank. LIVING ROOM 15’2” x 8’6” With pvc window, electric storage heater, built in cupboard housing the electric coin meter and fuses. KITCHEN 7’9” x 5’ With pvc window, base and wall units. BEDROOM 16’5” x 9’ maximum With 2 pvc windows to the rear elevation, electric storage heater. EN-SUITE SHOWER ROOM with tiled shower enclosure and W.C, hand basin, extractor, opaque pvc window.
OUTSIDE Not provided
Walled and enclosed frontage, gated concrete drive with cold water tap. Communal garden to the rear with lawn and patio, washing lines.
STORES X 3 & SHED
TENURE Not provided
Freehold and subject to the existing assured shorthold tenancies.
Prospective purchasers should satisfy themselves regards the current rental income and occupancy status at the time an offer to purchase is made. A 10% rent increase is due for 2024 with an increased gross annual rent of £35,324.
SERVICES Not provided
Mains electricity, water and sewerage services are understood to be connected. All with their own electric meters, water supply, cold and hot water tanks and have their own electric central heating systems and meters. The agents have not inspected or tested any of the services or service installations and purchasers should rely on their own survey.
VIEWING Not provided
By prior appointment with Newton Fallowell office in Skegness, at least 48 hours notice being required
Property information from this agent
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Broadband availability and predicted speed: obtained from Ofcom on May 27, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on May 27, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on September 13, 2017 from 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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