Dorothy Avenue, Skegness

A excellent investment opportunity - this freehold block of flats offers an investor the chance to take over an established, up and running block of 4 self contained apartments with a large enclosed rear courtyard/parking area & shed. The location is ideal - just a few minutes walk from the town centre and the sea front, with the train and bus stations a 5 minute walk away. The whole property consists of one large ground floor one/two bedroom flat, two first floor one bedroom flats and a second floor one bedroom flat. Outside there is a small front courtyard and side path/walkway with access to a large enclosed courtyard accessed from the service road behind.
All flats have gas central heating (two central heating boilers) and all benefit from double glazing. All current fire, gas and electric regulations are up to date (as of June 2026).
The flats are individually metered for electric with water and gas being chargeable within the individual rents.
All flats are currently occupied with tenancy agreements. The new owner will retain all rights and responsibilities of the landlord on completion. The current gross yield is approx 12.5%.
Entrance Hall
GROUND FLOOR FLAT
Lounge
4.14m x 3.86m (13'7" x 12'8")
Kitchen
3.86m x 3.61m (12'8" x 11'10")
Inner Hall
Bedroom
3.68m x 2.97m (12'1" x 9'9")
Rear Hallway
Shower Room
2.44m x 2.16m (8' x 7'1")
Conservatory
2.97m x 2.26m (9'9" x 7'5")
(Currently used as a bedroom)
Stairs & First Floor Landing
FLAT A
Kitchen/Lounge
3.66m x 3.23m (12' x 10'7")
Bedroom
2.67m x 2.44m (8'9" x 8')
Shower Room
2.44m x 0.91m (8' x 3')
FLAT B
Kitchen
3.78m x 2.24m (12'5" x 7'4")
Bathroom
2.31m x 1.30m (7'7" x 4'3")
Lounge
3.89m x 3.35m (12'9" x 11')
Bedroom
3.86m x 2.06m (12'8" x 6'9")
Stairs & Second Floor Landing
FLAT C
Kitchen/Lounge
5.11m x 3.05m (16'9" x 10')
Bedroom
2.74m x 2.21m (9' x 7'3")
Shower Room
2.74m x 1.40m (9' x 4'7") max width
Outside
Front
Rear