6 bedroom flat for sale

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6 bedroom flat for sale

Algitha Road, Skegness
£250,000

Our Summary

  • FOR SALE VIA TRADITIONAL AUCTION
  • AVAILABLE POST AUCTION
  • There is scope to convert the ground floor accommodation to residential living accommodation, subject to necessary permissions and consents

Description

This commercial property, located in Skegness, consists of two freehold titles, numbers 13 and 15 Algitha Road. The property has a mix of commercial and residential space, with opportunities for conversion. The commercial part of the building is currently vacant, while the residential flats are tenanted. The three-bedroom flat on the first floor of number 13 is achieving £650 per month, and the two flats in number 15, a one-bedroom and a two-bedroom property, are generating £475 and £299 per month, respectively. The property has parking and is situated in a great investment location, attracting both permanent and holiday tenants. The property is being sold via traditional auction, with viewings available by appointment only, and the Conditions of Sale will be deposited at the auctioneers' offices.
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