16 Bedroom Detached  For Sale £365,000

An excellent 'sea front' investment opportunity

10 individual holiday letting apartments (incl an owners ground floor apt - if required)

Fantastic location on the sea front with views over the foreshore and out to sea

Right in the heart of Skegness - steps from the town centre and grand parade

Gas central heating & majority double glazing

Significantly upgraded wiring throughout incl fire alarm - meets all current regs

Off road car parking on the front, with enclosed rear courtyard with sheds

Property sold to include reasonable fixtures, fittings and white goods

Further financial information is available once serious interest is established.

Freehold

A fantastic investment opportunity located in the heart of the popular seaside town of Skegness. This established property has been run very successfully as TEN holiday letting apartments, ideally positioned on the sea front - with views over the foreshore and out to sea as well as being a few steps from the very centre of Skegness and all the amenities, amusements, restaurants, cafes and bars. The aquarium is also a 2 minute walk, as is the beach itself. Natureland seal sanctuary and the pier are a few minutes walk and Gibraltar Point nature reserve is a short drive or pleasant cycle ride away - offering numerous coastal nature walks. Currently there are ten holiday letting apartments of various sizes, with their own kitchens, bathroom/shower rooms. One of the ground floor apartments would make an ideal space for a resident owner with their own facilities and a reception desk (if required). Gas central heating serves the apartments and they are all majority double glazed. There is also a front hard-standing area for parking and a rear courtyard with shed/stores. It has been run very successfully for a number of years by the present owners who are only selling for personal reasons. Further financial information is available once serious interest is established.

Entrance Lobby
  
  
Reception Hallway
  
  
Ground Floor
  
  
Apartment one
 Bedsitting Room with Kitchenette Shower Room

  
Apartment two
 6'6" x 6'3" (1.98m x 1.91m)
Lounge/Kitchen 5.41m (17'9") x 5.03m (16'6") Bedroom 3.00m (9'10") x 1.98m (6'6") Shower Room 1.98m (6'6") x 1.90m (6'3")

  
Owners Apartment
 Lobby with possible opening/reception desk into the main hallway if required Lounge/Kitchen 5.05m (16'7") x 4.72m (15'6") Bedroom One 4.80m (15'9") x 3.25m (10'8") Bedroom Two 3.81m (12'6") x 1.73m (5'8") Bathroom 2.44m (8'0") x 2.08m (6'10")

  
First Floor Landing
  
  
Apartment Three
 Kitchen/Lounge 4.32m (14'2") x 3.84m (12'7") Bedroom 3.35m (11'0") x 2.74m (9'0") Bathroom 3.20m (10'6") x 1.55m (5'1")

  
Apartment Four
 Lounge/Kitchen 5.71m (18'9") x 3.35m (11'0") Bedroom One 3.35m (11'0") x 2.39m (7'10") Bedroom Two 3.35m (11'0") x 2.18m (7'2") Separate Walk In Shower Cubicle Separate WC

  
Apartment Five
 Kitchen/Lounge 4.27m (14'0") x 3.86m (12'8") Bedroom One 3.35m (11'0") x 2.13m (7'0") Bedroom Two 3.35m (11'0") x 2.13m (7'0") Bathroom

  
Second Floor
  
  
Apartment Six
 Kitchen/Lounge 4.57m (15'0") x 2.97m (9'9") Bedroom 3.35m (11'0") x 2.79m (9'2") Separate WC

  
Apartment Seven
 Kitchen/lounge 4.57m (15'0") x 2.87m (9'5") Bedroom One 3.35m (11'0") x 2.39m (7'10") Bedroom Two 3.35m (11'0") x 2.18m (7'2") Separate WC

  
Apartment Eight
 Kitchen/Lounge 4.57m (15'0") x 2.87m (9'5") Bedroom 2.97m (9'9") x 2.95m (9'8") Shower Room

  
Third Floor
  
  
Apartment 9 & 10
 Currently open for use as one large 'penthouse' apartment but could easily be used as two apartments:- Kitchen/Lounge 1 - 3.56m (11'8") x 2.97m (9'9") Kitchen/Lounge 2 - 3.76m (12'4") x 2.97m (9'9") Bedroom One - 3.89m (12'9") x 3.20m (10'6") Bedroom Two - 3.56m (11'8") x 2.97m (9'9") Bedroom Three - unmeasured Bedroom Four- 3.91m (12'10") x 3.17m (10'5") Bathroom - unmeasured

  
Outside
  
  
Front
 There is an area of off road parking to the front of the building.

  
Rear
 To the rear of the property is an enclosed courtyard with access into the CELLAR as well as having several store/sheds in various states of repair.

  

Location

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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
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