>
6 bedroom flat for sale
Algitha Road, Skegness
£225,000
Algitha Road, Skegness
£225,000
Our Summary
- AVAILABLE POST AUCTION
- There is scope to convert the ground floor accommodation to residential living accommodation, subject to necessary permissions and consents
- FOR SALE VIA TRADITIONAL AUCTION
Description
The property is a commercial property with residential aspects, comprising two freehold titles at 13 and 15 Algitha Road in Skegness. The commercial part of the building is currently vacant, while the residential parts are tenanted. The 3-bedroom flat at 13 Algitha Road is achieving £650 per month, and the two flats at 15 Algitha Road, a 1-bedroom and a 2-bedroom property, are achieving £475 and £299 per month respectively. There is scope to convert the ground floor accommodation to residential living space, subject to necessary permissions and consents. The property has parking and is located centrally in Skegness, close to amenities and the seafront, making it an attractive investment location for both permanent tenants and holidaymakers.