Back to properties

17, North Parade, SKEGNESS, Lincolnshire, PE25 2UB

17, North Parade, SKEGNESS, Lincolnshire, PE25 2UB

£600,000
Residential
About this Property
2025-09-09
600000
Traditional
Residential
Description

A block of 11 apartments close to the sea front Mixture of ASTs & holiday lets A very popular location offering an attractive annual income Description A block of 11 apartments located close to the sea front, with some flats having sea views. The owners currently operate the property as a mixture of holiday lets and tenanted units on assured shorthold tenancies. The property is spacious and all of the flats are self-contained, offering between 1 and 2 bedrooms with kitchen and shower/bathrooms. There is parking to the rear as well as a garage for the owners, reception and laundry room. Two flats are accessed externally with their own main doors and the rest are accessed from the communal hallway. North Parade is positioned in the Town Centre offering plenty of amenities such as shops, pubs/restaurants, supermarkets, hairdressers, schools, sea front and its attractions as well as bus and train links. The holiday lets can generate an income of around £500 per week (Saturday-Saturday) depending on the season. Combined with the guaranteed rental income from the tenanted flats, this is a superb opportunity to acquire a thriving investment property. Accommodation Lower Ground Floor: lobby, reception room, boiler room, pantry, hallway, garage. Ground Floor: porch, 4 self contained flats (3x 2 beds & 1x 1 bed) First Floor: 3 self contained flats (2x 2 bed & 1x 1 bed) Second Floor: 3 self contained flats (2x 2 bed & 1x 1 bed) Third Floor: 1x 3 bed flat External: a courtyard, parking and access to the garage. Broadband: Standard, superfast, and ultrafast show as available Mobile Coverage: EE, Three, O2 and Vodafone show as available EPC: D & E ratings. See legal pack for individual EPCs. Council Tax Band: Flat 1-11 - A Tenure: Freehold Viewings: William H Brown, 20 Roman Bank, Skegness, PE25 2RU. Tel: 01754 768311. Email: [email protected]

Location
More Information
Freehold
North Parade
A block of 11 apartments close to the sea front
Planing Authority
East Lindsey LPA
Sold Price History
02 Sep 1998Sold£249,000

Interested in this lot?

GO TO THIS LOT

More Listings from this Auctioneer