6 Bedroom Terraced  For Sale £225,000

Spacious HMO an ideal ongoing investment

Great location a short walk to the town centre as well as the beach and sea front

Six individual bedsits

2 fitted kitchens (ground and first floor) and two shower rooms with separate w/cs

Gas central heating, UPVc double glazing

Front courtyard area

Rear garden fully enclosed

Viewings available by appointment only

Council Tax Band B

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.
  

 
  

EPC for Grosvenor Road, Skegness, Lincolnshire, PE25

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Property Images

Front View
Room One
Room One
Kitchen One
Kitchen One
Bathroom One
W/C One
Kitchen Two
Bathroom Two
W/C Two
Garden

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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.

Fees

Refundable Holding depositCapped at 1 weeks rent
Security DepositCapped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
RentThe agreed monthly rent
Changes to tenancyCapped at £50 inc VAT
Early termination chargeNot exceeding the landlord’s financial losses
Late payment of rentInterest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keysReasonable costs or give the tenant the option to purchase themselves
Utilities, council tax, communication services, TV Licence etcTenants own responsibility unless otherwise stated in contract
Client Money Protection Scheme Membership detailsThe law requires your membership details
Property Redress Scheme Membership detailsThe law requires your membership details