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20 bedroom block of apartments for sale
North Parade, SKEGNESS
£550,000
North Parade, SKEGNESS
£550,000
Our Summary
- SUMMARYAUCTION SALE 18 November 2025 - • A block of 11 apartments close to the sea front• Mixture of ASTs & holiday lets• A very popular location offering an attractive annual incomeDESCRIPTIONGUIDE PRICE: £550,000AUCTION DATE: TUESDAY 18th NOVEMBER 2025BIDDER REGISTRATION: BY 2pm MONDAY 17th NOVEMBER 2025WHERE TO BID: Please ensure you are registered to bid on the Barnard Marcus Auctions website
- Email: By arrangement with the auctioneers - please see important advice for viewers on page 19 of this catalogueFOR SALE VIA THE MIDLANDS AUCTION CENTRE IN ASSOCIATION WITH BARNARD MARCUS AUCTIONS TUESDAY 18th NOVEMBER 2025 AT 9
- AUCTION SALE
Description
A block of 11 apartments, located close to the sea front, is up for auction on November 18, 2025. The property has a mix of holiday lets and tenanted units on assured shorthold tenancies, offering an attractive annual income. The apartments are self-contained, ranging from 1 to 2 bedrooms, with kitchen and shower/bathrooms. The property has parking to the rear and a garage for the owners, as well as a reception and laundry room. North Parade is situated in the town center, offering amenities such as shops, restaurants, and public transportation links. The holiday lets can generate an income of around £500 per week, and combined with the guaranteed rental income from the tenanted flats, this is a great opportunity to acquire a thriving investment property.