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7 bedroom detached house for sale
Park Avenue, Skegness, PE25
£550,000
Park Avenue, Skegness, PE25
£550,000
Our Summary
- A large, superbly positioned versatile property offering an excellent investment opportunity
- 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)
- Prime location - this prestigious property offers an excellent investment opportunity
Description
This versatile property offers an excellent investment opportunity, comprising a main block with three 1-bedroom apartments, a 3-bedroom maisonette, and a separate detached cottage with its own courtyard. Each flat and apartment has its own heating and services, and all are double glazed. The property has been improved, upgraded, and well-maintained throughout, meeting current regulations. The detached cottage has a private courtyard and driveway, while the main building has low-maintenance slate chipped gardens and space for off-road parking. The property is located just a few steps from the sea front and beach, with the town center, shops, and amenities within a 25-minute walk. The current gross yield is approximately 6%, making it an exceptional investment opportunity, with potential for holiday lets or Airbnb rentals (subject to relevant planning).