Sold STC - Drummond Road, Skegness, PE25 - £165,000
5 Bedrooms
5 Bathrooms
5 Receptions
A fantastic investment opportunity - a block of self contained flats plus a commercial shop all in one building positioned a short walk from the town centre, sea front/beach and Skegness's many entertainments and facilities. Basement flat, shop/retail unit, one ground floor flat, two first floor flats and a second floor flat. Gas central heating runs throughout as does double glazing (flat 3 has electric heaters). At the time of printing all flats and the retail unit are occupied on legally compliant tenancy/lease agreements. Fully occupied the annual income is in the region of £25,000 offering a good yield. Additional benefits include frontage and side parking for several vehicles and a rear garden area. Viewings are available now - strictly by appointment.
| Inside Room | 7.82m x 4.11m (25'8" x 13'6") ext to 17'8 max Viessman gas central heating boiler, 4 radiators, sink unit, cupboards, | |||
| Inner Lobby Area | With stairs leading to a large cellar (restricted head space) | |||
| Communal Side Entrance/Access Hallway | ||||
| Flat One (basement - accessed from rear of building) | ||||
| Lounge | 4.39m x 3.35m (14'5" x 11') | |||
| Kitchenette | With a sink unit, storage cupboards and gas central heating boiler. | |||
| Retail/Shop unit (ground floor) | 8.08m x 3.05m (26'6" x 10') max m/sments With desk unit, lighting and flagstone floor + side door. Doors lead through to | |||
| Bedroom | With radiator and light | |||
| Bathroom | Having a bath, hand basin and WC, electric heater. | |||
| Flat Two (ground floor) | ||||
| Lounge | 4.39m x 3.35m (14'5" x 11') With a radiator. | |||
| Kitchen | 3.25m x 1.14m (10'8" x 3'9") Sink unit and range of base and wall cupboards | |||
| Bedroom | 3.30m x 2.44m (10'10" x 8') ext to 12'3 max | |||
| Adjacent Shower Room | With shower cubicle, hand basin & Wc + heated towel rail. | |||
| Stairs To First Floor Landing | ||||
| Flat Three (first floor) | ||||
| Lobby | With connecting doors to all rooms | |||
| Kitchen/Lounge | 4.42m x 3.76m (14'6" x 12'4") Having a sink unit with cupboards above and below, additional storage cupboards, wall mounted gas fired water heater, two electric heaters, connecting door to bedroom. | |||
| Bedroom | 4.65m x 1.96m (15'3" x 6'5") cupboard, electric radiator. | |||
| Bathroom | With a bath and sink unit | |||
| Separate Wc | with low level wc | |||
| Flat Five (first floor) | ||||
| Lounge/Kitchen | 5.36m x 3.76m (17'7" x 12'4") Range of base and wall cupboards, sink unit, radiator, wall mounted gas central heating boiler. | |||
| Bedroom | 2.90m x 2.24m (9'6" x 7'4") Radiator | |||
| Shower Room | With a shower cubicle, wash hand basin, wc. | |||
| Flat Five | ||||
| Landing/Hallway | ||||
| Kitchen | 2.18m x 1.78m (7'2" x 5'10") Having a sink unit with cupboards above and below. | |||
| Lounge | 3.76m x 2.79m (12'4" x 9'2") With radiator and light. | |||
| Bedroom | 3.73m x 2.49m (12'3" x 8'2") With radiator and light. | |||
| Shower Room | With a shower cubicle, hand basin, low-level WC, wall mounted Ideal gas central heating boiler. | |||
| Outside | ||||
| Front | There is an area of hardstanding to the front of the building offering some off road parking with a side driveway offering additional parking for several cars with a gated access to the rear garden. | |||
| Rear | The rear gardens are mainly laid to lawn and are currently used by the basement flat occupants. (There is a pathway that appears to lead through to the garden behind which may have a right of way through the garden of No30 although this is not clear. ) Integral Store Room | |||
| EPC Notes | Please note that there are 6 individual energy performance certificates available - one fo reach unit - all available on request or can be found at the government find an energy certificate website - by entering the postcode. | |||
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.
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Stamp Duty for Drummond Road, Skegness, PE25
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Please note: This is for illustrative purposes only. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.