Grosvenor Road, Skegness, PE25

For Sale - £225,000

6 Bedrooms, 2 Bathrooms, Terraced

An excellent investment opportunity, this three storey HMO offers SIX individually "letable" bedsits together with two communal kitchens (ground and first floor) and two shower rooms and separate w/cs. There is an enclosed rear garden. and a courtyard to the front of the property. Benefits include gas central heating and upvc double glazing throughout. The property benefits from full occupancy (June 2023) and would be sold as such as an ongoing investment. The agents are advised that the property meets all the currently required regulations making it a "ready to go" investment. Prospective buyers should make their own enquiries to ensure it meets their needs. The agent understands that the current turnover to be in the region of £29,280 offering a gross yield in the region of 13%. Viewings are available - please allow plenty of notice when requesting an appointment.

Entrance		uPVC Front Door that leads to the hallway, stairs to the first floor, door to Room One, door to Kitchen, radiator, ceiling light point.

Communal kitchen (ground floor)		Having single drainer stainless steel sink unit set in worksurfaces extending to provide a range of modern fitted base cupboards and drawers under, space for cooker, fridge freezer, uPVC window to side elevation, radiator, ceiling light point, door to shower room, door to W/C, uPVC door to covered walk way to rear garden.

Communal Shower room		Large shower plus pedestal wash basin. Aqua boarding, ceiling light point.

Communal W/C		With close coupled W/C, pedestal wash basin, uPVC window, ceiling light point.

Room One		7.58m x 3.77m (24' x 12'4") Large room with uPVC bay window to front elevation, radiator, two ceiling light points and tv point.

Stairs & First Floor Landing		Ceiling light point & smoke alarms.

Room Two Lounge Area		4.30m x 2.96m (14'1" x 9'9") uPVC window, tv point, radiator, ceiling light point.

Room Two Bedroom Area		3.27m x 2.92m (10'9" x 9'7") Radiator, ceiling light point.

Room Three		4.96m x 3.05m (16'3" x 10'0") With radiator, ceiling light point, uPVC window, tv point.

Communal Kitchen (first floor)		Having single drainer sink unit set in work surfaces extending to provide a range of modern fitted base cupboards and drawers, space for cooker & fridge/freezer, radiator, uPVC window, ceiling light point.

Communal Shower Room (first floor)		Corner shower cubicle, pedestal wash basin, radiator, ceiling light point, uPVC window.

Communal W/C		Close coupled W/C with pedestal wash basin, radiator, ceiling light point, uPVC window.

Stairs & Second Floor Landing		Radiator, ceiling light point, tv point.

Room Four		3.81m x 3.05m (12'6" x 10'0") uPVC window, radiator, tv point, ceiling light point.

Room Five		4.75m x 3.77m (15'7" x 12'4") Two uPVC windows, radiator, ceiling light point, tv point.

Room Six		3.76m x 3.06m (12'4" x 10'0") uPVC window, radiator, ceiling light point, tv point.

Outside		The rear garden is mainly laid to slabs, softened by shrubs and bushes, plus an outside seating area and water feature. The front area is tarmac for low maintenance and is where the waste bins are located.

Branch Address
12 Lincoln Road<br>Skegness<br>Lincolnshire<br>PE25 2RZ

Contact
A: Beam Estate Agents
T: 01754 629305
E: info@beamestateagents.co.uk

Reference: BEAME2_003214

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.