Mixed use for sale
Property description & features
- Tenure: Freehold
- EXCELLENT RESIDENTIAL INVESTMENT
- FREEHOLD BLOCK OF 3 FLAT
- PLUS A 5 ROOM HMO
- CONVENIENT TOWN CENTRE LOCATION
- EPC RATINGS C & D
An excellent Residential Investment comprising a Freehold block of 3 Flats plus a 5 Room HIMO in a convenient town centre location. EPC Ratings C & D
EPC rating: C. Tenure: Freehold,Rooms
LOCATION Not provided
Situated just off Grand Parade close to the Holiday Town Centre and Beach. From the Clock Tower follow Grand Parade northwards towards the Pier. Prince Alfred Avenue lies on the left hand side.
ACCOMMODATION Not provided
Access to all flats is via the main front entrance door.
HALL Not provided
With radiator, Fire Alarm panel, stairs off, door to steps to:-
LOWER GROUND FLOOR Not provided
UNDER STEPS STORE Not provided
With individual fuses, 1 gas card meter, landlords electric meter, 1 card meter for basement flat.
FLAT 1 Not provided
RECEPTION HALL With radiator, understairs store.
PANTRY Not provided
FRONT BEDSITTING ROOM 13' 9" x 11' 6"
BREAKFAST KITCHEN 11' 11" x 11' 10"
With space for a range cooker, base and wall cupboards, stainless sink unit, hand basin, radiator, electric fuses, door to:-
REAR PORCH Not provided
With door to yard and rear pedestrian walk to a shared passage.
LIVING ROOM 12' 9" x 8' 6"
With pvc window, radiator.
REAR BEDROOM 8' 4" / 12' 11" x 11' 10" maximum
With window to the rear elevation, radiator.
EN-SUITE SHOWER ROOM Not provided
With tiled shower enclosure, screen door, electric shower, hand basin, W.C.
UPPER GROUND FLOOR Not provided
ROOM 1 - BEDSITTING ROOM 11' 10" x 13' 8" minimum
With radiat0or, pvc bay window to the front elevation, card meter.
ROOM 2 - BEDSITTING ROOM 12' 0"x 12' 4" maximum
With pvc window to the rear elevation, radiator, card meter.
FLAT 2 Not provided
RECEPTION HALL Not provided
With modern electric storage heater.
SHOWER ROOM Not provided
With hand basin, W.C, tiled shower, wall heater.
KITCHEN 9' 0"x 5' 3"
With base cupboards, stainless steel sink unit, space for electric cooker, double glazed window.
BEDSITTING ROOM 13' 0"x 11' 11"
With 2 double glazed windows, modern electric storage heater.
1ST FLOOR Not provided
SHARED SHOWER FOR ROOMS 1 & 2 Not provided
With W.C, hand basin, shower enclosure, opaque pvc window, built in airing cupboard housing the hot water cylinder (whole property)
ROOM 3 - BEDSITTING ROOM 12' 5" x 11' 10" maximum overall
With pvc window to the rear elevation, electric panel heater, electric storage heater, radiator, card meter. EN-SUITE SHOWER ROOM With hand basin, shower enclosure.
ROOM 4 - BEDSITTING ROOM 14' 3" x 12' 0"maximum overall
With pvc bay window to the front elevation, electric storage heater, radiator, built in cupboard, card meter. EN-SUITE SHOWER ROOM With W.C, hand basin, tiled shower enclosure, extractor.
SHARED KITCHEN 8' 7" x 5' 11"
With pvc window to the front elevation, electric fuses, sink, electric cooker, worksurfaces, radiator.
TOP FLOOR Not provided
With pvc window.
ROOM 5 - BEDSITTING ROOM 12' 4" x 11' 0"overall
With pvc window to the rear elevation, radiator, modern electric storage heater, card meter. EN-SUITE SHOWER ROOM With W.C, hand basin, tiled shower enclosure, extractor.
FLAT 3 17' 6" x 12' 0"approx
(not inspected by the agents) With Kitchen; Shower and W.C; Bedsitting Room; pvc window to the front elevation, card meter.
TENURE Not provided
Freehold and subject to the existing tenancies.
RENT SCHEDULE Not provided
LOWER GROUND FLOOR
FLAT 1 - 2 Bedrooms - 68 sqm - £450 pcm
UPPER GORUND FLOOR
ROOM 1 - Bedsitting Room - £90 p.w
ROOM 2 - Bedsitting Room - £75 p.w
FLAT 2 - 1 Bedroom - 26 sqm £368 pcm
FIRST FLOOR
SHOWER ROOM For Rooms 1 & 2
ROOM 3 - Bedsitting Room - Ensuite - £85 p.w
ROOM 4 - Bedsitting Room - Ensuite - £75 p.w
KITCHEN
TOP FLOOR
ROOM 5 - Bedsitting Room - En-Suite - £75 p.w
FLAT 3 - 1 Bedroom - 20 sqm - £320 pcm
£34,456 Gross
sqm taken from the EPC's
Prospective purchasers should satisfy themselves regarding the current rental income and occupancy status at the time an offer to purchase is made.
Not all parts of the property were inspected by the agent but we are advised that the standard is broadly good tenantable condition. Of traditional structuring. Majority pvc double glazing.
SERVICES Not provided
Mains gas, electricity, water and sewerage services are understood to be connected
Electric - Landlords meter and 8 card meters.
Gas - Flat 1 has gas central heating.
The boiler in the Basement runs all the radiators (except room 5). Water is included in the rent. Information about the outgoings is available on request.
COUNCIL TAX Not provided
Charging Authority – East Lindsey District Council
Flat 1 - Band A - 2022/23 - £1310.77
Flat 2 - Band A - 2022/23 - £1310.77
Flat 3 - Band A - 2022/23 - £1310.77
Part Ground, 1st & 2nd Floor - Band A - 2022/23 - £1310.77
VIEWING Not provided
By prior appointment with our office in Skegness and 48 hours notice being required.
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