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4 bed property, in Dorothy Avenue, £220,000
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4 bed flat

Dorothy Avenue, Skegness PE25
£220,000

Our Summary

  • Established, successful, up and running/ready to take over investment opportunity
  • 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

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Description

The property is a freehold block of 4 self-contained apartments located in a desirable town centre location, just a few minutes' walk from the sea front and train and bus stations. The block consists of one ground floor, two first floor, and one second floor apartment, each with access to a large enclosed courtyard and parking area. Each apartment has gas central heating and double glazing, and is individually metered for electricity with water and gas charges applied to the rents. The properties have been upgraded to meet current fire, gas, and electric regulations, and all current tenancy agreements will be retained by the new owner. The total square footage of the properties is broken down as follows:

* Ground floor apartment: + Entrance hall + Lounge: 4.14m x 3.86m + Kitchen: 3.86m x 3.61m + Inner hall + Bedroom: 3.68m x 2.97m + Shower room: 2.44m x 2.16m + Conservatory: 2.97m x 2.26m * First floor apartments: + Flat A: - Kitchen/lounge: 3.66m x 3.23m - Bedroom: 2.67m x 2.44m - Shower room: 2.44m x 0.91m + Flat B: - Kitchen: 3.78m x 2.24m - Bathroom: 2.31m x 1.30m - Lounge: 3.89m x 3.35m - Bedroom: 3.86m x 2.06m * Second floor apartment: + Flat C: - Kitchen/lounge: 5.11m x 3.05m - Bedroom: 2.74m x 2.21m - Shower room: 2.74m x 1.40m