37 Dorothy Avenue, Skegness
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Property summary
FreeholdSemi Detached Property Split into 3x1 bed and 1x2 bed flatsSkegness Centre LocationSold With Tenants in Situ£25,540 Per Annum Gross IncomeViewings WelcomeEPC Ratings - C, Council Tax Bands - AGas Central HeatingFreehold PropertyGet in touch
More about the property
An excellent opportunity to acquire a fully let investment property situated within Skegness Town Centre, offering immediate rental income and excellent access to the town’s wide range of amenities, transport links and the seafront.
The property has been converted into four self-contained flats, comprising three one-bedroom apartments and one two-bedroom apartment, each let on Assured Shorthold Tenancy agreements, making this an ideal addition to an existing investment portfolio or an excellent opportunity for those looking to expand their rental holdings.
Each flat benefits from its own kitchen and bathroom facilities and is served by gas central heating, providing comfortable accommodation for tenants whilst keeping ongoing maintenance straightforward.
We have been advised by the seller that the property currently generates a gross annual rental income of £25,540. Prospective purchasers are advised to satisfy themselves regarding the tenancy agreements, rental figures and associated documentation.
Located within the heart of Skegness Town Centre, the property enjoys strong demand from tenants thanks to its convenient position within walking distance of shops, supermarkets, transport links and the seafront.
An income-producing investment in a sought-after coastal location, offering an excellent opportunity to acquire a ready-made addition to any property portfolio. Early viewing is highly recommended.
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Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.
Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.
