Grosvenor Road, Skegness, PE25

For Sale - £200,000

Front View

5 Bedrooms, 1 Bathroom, Terraced

An excellent investment opportunity, this HMO offers five individual lettable rooms with communal kitchen and bathroom. There is a good sized rear garden which is fully enclosed and an off road area to the front of the property. The property benefits from gas central heating and uPVC double glazing. 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 understand that the current turnover to be in the region of £24,480 offering a gross yield of 12%. Viewings are available - please allow plenty of notice when requesting your appointment.


Kitchen Kitchen Bathroom Garden
Entrance uPVC door to hall with doors off, ceiling light point, radiator.  

 
  
Room One (lounge area) 3.75m x 3.75m (12'4" x 12'4")
uPVC bay window, radiator, ceiling light point, tv point.
  

 
  
Room One (bed area) 3.93m x 3.05m (12'11" x 10'0")
Ceiling light point.
  

 
  
Room Two 3.41m x 2.14m (11'2" x 7'0")
uPVC window, radiator, ceiling light point, tv point.
  

 
  
Room Three 3.09m x 3.50m (10'2" x 11'6")
uPVC window, radiator, ceiling light point, tv point.
  

 
  
Room Four 3.93m x 2.85m (12'11" x 9'4")
uPVC window, radiator, ceiling light point, tv point.
  

 
  
Room Five 3.31m x 2.30m (10'10" x 7'7")
uPVC window, radiator, ceiling light point, tv point.
  

 
  
Communal Kitchen Having single drainer stainless steel sink unit set in work surfaces extending to provide a range of fitted base cupboards and drawers under, space for cooker, fridge/freezer, ceiling light point, uPVC window & door to rear entrance hall.  

 
  
Communal bathroom Having a p shaped bath with shower over, pedestal hand wash basin & close coupled W/C, uPVC window, radiator & ceiling light point.  

 
  
Outside There is a good sized rear garden which is fully enclosed, laid mainly to lawn, with a concrete path and inset trees bushes & shrubs.

The front of the property is laid to concrete and provides the perfect location for the waste bins to be stored.
  

 
  
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_003215
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.