This property is no longer on the market
5 bedroom flat
Key information
Property description & features
- Tenure: Freehold
- 'Ready to run' ongoing investment opportunity
- Block of four self contained flats
- Large two bedroom ground floor flat (whole of ground floor)
- 2, one bedroom first floor flats & top floor bedsit/apartment
- Gas central heating to 2 flats + electric heaters in 2 flats
- uPVC double glazing
- Fire, gas and electric regs up to date (Aug 2023)
- Large rear garden with side access/possible parking
- Ideal location within easy walking distance of the town centre and the sea front and beach
Outside there is a small front courtyard and side path/walkway (possible space for parking a small car) with access to a large rear garden.
Flats One and Two have gas central heating with independently controllable electric heaters in flats Three and Four. All benefit from double glazing. All current fire, gas and electric regulations are up to date (as of August 2023).
The flats are individually metered with water being chargeable within the individual rents.
Flats 2 & 3 are currently occupied with tenancy agreements, flats 1 & 4 are currently empty but tenants can be found if required. The new owner will retain all rights and responsibilities of the landlord on completion. Income with all flats occupied is in the region of £18,000-£19,000.
Front Entrance Lobby:
Main Entrance Hall: , With fire alarm system & stairs off + access/connecting door to Flat 1
Flat One: , Entered from the main hallway or from the rear via a separate/private entrance into the Lobby/Utility
Entrance Lobby/Utility: 2.90m x 1.23m (9'6" x 4'0"), Having space and plumbing for washing machine, close coupled WC, coving to ceiling and connecting door to kitchen.
Kitchen: 3.18m x 1.82m (10'5" x 5'12"), Having a sink unit with base cupboards under, further base cupboards with worktops over, space for cooker, ceiling light point and door to sitting room
Shower Room: , With a shower cubicle and electric shower and wall mounted hand basin.
Sitting Room: 3.29m max into recess x 3.16m (10'10" max into recess x 10'4"), Having a recessed fireplace, radiator and smoke alarm door to inner hallway
Inner Hallway: , With large walk-in storage cupboard with shelving and Ariston gas central heating combination boiler.
Bedroom (Two): 3.65m x 3.41m (11'12" x 11'2"), With a radiator and light.
Lounge/Bedroom One: 4.49m x 3.91m (14'9" x 12'10"), With a feature fireplace, radiator and bay window.
First floor landing: , With access to flats two and three and staircase leading up to flat four.
Flat Two:
Entrance Lobby: , With laminate floor, coat hooks and ceiling light point. Access to toilet, bedroom and kitchen.
Kitchen: 2.54m x 3.80m (8'4" x 12'6"), Having a sink unit and cupboards, fitted worktops with base cupboards under, laminate flooring, space for fridge and space for cooker. Wall mounted gas central heating boiler.
Access door to a shower cubicle which is tiled with an electric shower therein.
Open plan access through to lounge.
Lounge: 2.86m x 2.54m (9'5" x 8'4"), Having a radiator and ceiling light point.
Bedroom: 3.42m x 2.38m (11'3" x 7'10"), Having a radiator and ceiling light point.
Cloakroom/WC: , With pedestal wash basin and low-level WC.
Flat Three:
Hallway: , With entrance door to the flat and access to the bedroom and lounge/kitchen
Bedroom: 2.25m x 1.90m (7'5" x 6'3"), With an electric heater and connecting door to shower room.
Shower Room: 2.25m x 0.91m (7'5" x 2'12"), Being tiled with a shower cubicle and electric shower therein, pedestal wash basin, low-level WC and ceiling light point.
Lounge/Kitchen: 3.18m x 3.26m (10'5" x 10'8"), Having a sink unit, work surfaces with base cupboards under and wall mounted storage cupboards over, space for fridge, electric heater and ceiling light point.
Stairs from the main landing: , Lead to the second floor and flat four
Flat Four:
Lounge/Bed-Sitting Room: 4.99m x 2.66m (16'4" x 8'9"), With electric heater and light. Connecting door to kitchen
Kitchen: 2.61m x 2.27m (8'7" x 7'5"), Having a sink unit and work surfaces with wall cupboards and connecting door onto the second floor landing. Door to shower room.
Shower Room: , Having a shower cubicle, wash hand basin and low-level WC, ceiling light.
Outside:
Front: , The frontage to the property is a low maintenance courtyard area with path leading to the front door and a wide side access leading down the side of the property to provide access to the rear garden and the rear entrance to flat one.
Rear: , The rear garden larger than may be expected and are mainly laid to grass with shrub border. It may be possible to extend or develop the garden area subject to all relevant planning permissions and building regulations as required. Prospective purchasers are advised to make their own enquiries with East Lindsey District Council planning department for further advice.
Additional Notes:-: , Each flat is individually council tax rated as BAND A
There are 4 separate EPC's
Flat 1 = D
Flat 2 = C
Flat 3 = D
Flat 4 = to follow shortly
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