8 bedroom semi-detached house for sale
Key information
Property description & features
- Tenure: Freehold
- Substantial 3 Storey Semi-Detached House
- Converted To Provide 7 Studio Flats & A Large 2 Bed Flat
- Fantastic Position Close To Skegness Seafront
- Currently Vacant But When Fully Let Anticipate To Generate Circa £38,000 Per Annum
- Requiring Light Refurbishment
- Representing An Investment Yield Of Crica 12.6%
- An Excellent Investment Opportunity
This substantial property has been converted to provide 7 studio flats and a large 2 bedroomed ground floor apartment, attached garage and ancillary utility/wash room facilities.
The property is currently vacant and would benefit from light refurbishment but once fully occupied we would anticipate this to generate an income of circa £38,000 per annum. This represents an investment yield of circa 12.6% at the asking price.
Available with NO "CHAIN" and a ready to go investment, this is not to be missed.
The property may also be suitable for conversion to other residential uses subject to necessary consent.
Rooms
Ground Floor
Entrance Porch
With double glazed composite front door.
Entrance Hall
With stairs to first floor accommodation. Radiator.
Inner Hallway
With stairs down to the cellar. Airing cupboard containing the hot water cylinder.
Flat 1
Living Room 4.75m x 4m
With radiator.
Kitchen 4.7m x 3.97m
With double glazed composite door, partially tiled walls and fitted with a selection of modern wall and base units incorporating a sink unit with drainer and mixer tap having plumbing for washing machine, radiator and uPVC double glazed window unit.
Bathroom
Tiled and having pedestal basin and panelled bath with mixer tap and shower attachment. Extractor. Radiator and uPVC double glazed window unit.
Separate W.C.
With low-flush w.c.
Inner Hallway
With courtesy door to garage. Radiator.
Bedroom 1 4m x 2.71m
With coving, radiator and uPVC double glazed window unit.
Bedroom 2 3.96m x 2.71m
With coving, radiator and two uPVC double glazed window units.
Flat 2
Living Room/Kitchen 4.6m x 4.04m
With two uPVC double glazed window units and a radiator. There is a kitchen area with partially tiled walls and fitted with a selection of wall and base units incorporating a sink unit with drainer and mixer tap. Stairs to bathroom.
Bathroom
Fitted with attractive white three piece bathroom suite comprising panelled bath (bath with shower over), pedestal basin and low-flush w.c. Radiator and uPVC double glazed window unit.
Flat 3
Living Room/Kitchen 5.07m x 4.61m
With radiator and uPVC double glazed bay window. The kitchen area has partially tiled walls and fitted with a selection of wall and base units incorporating a sink unit with drainer.
Shower Room
Having shower cubicle with glazed and shower, coving, extractor, low-flush w.c. and a hand basin. uPVC double glazed window unit.
First Floor
Landing
With stairs to second floor.
Flat 4
Inner Hallway
Living Room/Kitchen 4.72m x 3.98m
Partially tiled and the kitchen area has a selection of modern wall and base units incorporating a sink unit with drainer and having gas point for cooker. Radiator and uPVC double glazed window unit.
Shower Room
With low-flush w.c. and shower cubicle with glazed door and shower. Extractor. Radiator and uPVC double glazed window unit. Hand basin.
Bedroom 2.98m x 2.62m
With uPVC double glazed window unit.
Flat 5
Living Room/Kitchen 4.69m x 4m
Partially tiled and fitted with a selection of modern wall and base units incorporating a sink unit with drainer. Radiator and uPVC double glazed window unit.
Inner Lobby
Shower Room
Having shower cubicle with glazed door and shower, extractor, low-flush w.c. and a hand basin. Radiator and uPVC double glazed window unit.
Flat 6
Living Room/Kitchen 4.88m x 4.66m
With two uPVC double glazed window units. Radiator. The kitchen area is partially tiled walls and is fitted with a selection of wall and base units incorporating a sink unit with drainer.
Bedroom 2.29m x 2.16m
With coving, radiator and uPVC double glazed window unit.
Shower Room
Having shower cubicle with glazed door and shower, hand basin set in vanity unit and a low-flush w.c. Radiator and extractor.
Second Floor
Landing
Flat 7
Living Room/Kitchen 4.61m x 4m
With radiator and uPVC double glazed window unit. The kitchen area has partially tiled walls and is fitted with a selection of wall and base units incorporating a sink unit with drainer.
Shower Room
Having shower cubicle with glazed screen, pedestal basin and low-flush w.c. Radiator and uPVC double glazed window unit.
Flat 8
Living Room/Kitchen 4.87m x 4.57m
With radiator and uPVC double glazed window unit. The kitchen area has partially tiled walls and is fitted with a selection of wall and base units incorporating a sink unit with drainer.
Bedroom 3.62m x 2.15m
With coving, pedestal basin and uPVC double glazed window unit.
Shower Room
Having shower cubicle with glazed door and shower. Low-flush w.c.
Cellar
There are three separate cellar storage areas.
Storage Room 1 3.21m x 2.12m
Storage Room 2 5.71m x 4.48m
Storage Room 3 4.54m x 3.91m
Outbuildings - Communal Laundry Room 2.75m x 1.94m
With double glazed composite door. uPVC double glazed window unit. Boiler room off containing two gas fired central heating combination boilers.
Gardens
The property has spacious lawned gardens to the front and rear. To the rear there is a driveway providing off-road parking for several vehicles.
Sources Of Useful Information
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Broadband availability and predicted speed: obtained from Ofcom on April 26, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on April 26, 2022
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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
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Energy Performance data and Internal floor area
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