Park Avenue, Skegness

NOW AT A GREAT NEW PRICE A large, superbly positioned versatile property offering an excellent investment opportunity. It consists of a main block containing THREE 1 bedroom apartments + a 3 bedroom MAISONETTE and a separate adjacent DETACHED COTTAGE with its own courtyard. Each flat/apartment is independent and has its own heating & services and all are double glazed. Outside there are low maintenance, stone chipped gardens/parking as well as a block paved driveway/off road parking for the cottage. The property has overall been improved, upgraded and very well maintained throughout - meeting all current regulations. All the properties are currently occupied on assured shorthold tenancies making this an exceptional investment, with the potential/added options for holiday let/AirBnB (subject to relevant planning) . The location is ideal - a few steps from the sea front & beach as well as North Shore golf course & hotel, with the town centre, shops, amenities and amusements only around 25 mins walk away. The current gross yield equates to approx 8%.
Detached Cottage/Bungalow
Consists of:
Lounge/Kitchen
Double Bedroom
Bathroom
Outside, private courtyard & driveway
Gas central heating & uPVC double glazing
Main Building
Consists of:-
2 ground floor apartments - with
Kitchen/Lounge
Bedroom
Bath/shower room
1 First Floor apartment - with
Kitchen
Lounge
Bedroom
Bath/shower room
1 spacious maisonette arranged over the first & second floor :- with
Kitchen/Dining/Lounge
Cloakroom/wc
& 1 Bedroom all on the first floor with
2 further bedrooms on the second floor
All apartments have electric heating & double glazing
Outside
The property is surrounded by low maintenance slate chipped gardens with space for off road parking. There is also a block paved driveway/off road parking in front of the cottage.