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4 bed semi-detached house
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Our Summary
- Auction sale
- For sale via traditional auction
- Potential for attractive rental yield
- Strong investment opportunity
- SUMMARY AUCTION SALE 23 June 2026 - Freehold semi-detached property comprising 4 apartments Town centre location, close to hospital and amenities Scope to improve yields DESCRIPTION GUIDE PRICE: £200,000-£230,000 AUCTION DATE: TUESDAY 23rd JUNE 2026 BIDDER REGISTRATION: BY 2pm MONDAY 22nd JUNE 2026 WHERE TO BID: Please ensure you are registered to bid on the Barnard Marcus Auctions website
- In the current rental market, there is scope to improve yields to circa £26,400 or potentially pursue alternative development (subject to necessary planning and consents)
- By arrangement with the auctioneers - please see important advice for viewers on page 19 of this catalogue FOR SALE VIA THE MIDLANDS AUCTION CENTRE IN ASSOCIATION WITH BARNARD MARCUS AUCTIONS TUESDAY 23rd JUNE 2026 AT 9
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Description
The property is a freehold semi-detached property in the town centre of Skegness, comprising four apartments. It is located close to the hospital, town centre amenities, seafront, and railway station. All four apartments are rented out, with Flat 3 and 4 having notice to vacate, and the current rental income is approximately £21,172 per annum.
The property has a scope for improving yields, potentially up to £26,400 per annum, or alternative development subject to necessary planning and consents. The apartments vary in size, with EPC ratings ranging from C to E, and Council Tax bands of A and AB.