St. Andrews Drive Skegness

Asking Price
£300,000
SSTC
This property listing is now SSTC

8 Bedroom Semi-Detached House for sale in Lincolnshire

8
  • • Substantial 3 Storey Semi-Detached House
  • • Converted To Provide 7 Studio Flats & A Large 2 Bed Flat
  • • Fantastic Position Close To Skegness Seafront
  • • Currently Vacant But When Fully Let Anticipate To Generate Circa £38,000 Per Annum
  • • Requiring Light Refurbishment
  • • Representing An Investment Yield Of Crica 12.6%
  • • An Excellent Investment Opportunity

A substantial 3 storey semi-detached house constructed circa 1910 and located close to Skegness seafront. An excellent investment opportunity this has been converted to provide 7 studio flats and a spacious 2 bedroom ground floor apartment with large attached garage and separate communal utility room. Some of the flats require light refurbishment but this would be an excellent opportunity as fully let we anticipate a rental income in the region of £38,000 per annum representing and investment yield of circa 12.6% at the asking price. Gardens to front and rear. - NOT TO BE MISSED.

Important information

This is a Freehold property.

EPC Rating is D

Property Ref: GRS_GRS230699

Share:

Similar Properties

South Terrace Boston

8 Bedroom End of Terrace House | Asking Price £300,000

VIDEO VIEWING AVAILABLE - A spacious house in multiple occupation comprising of a large end-terrace and a detached build...

Riverhead Court Louth

11 Bedroom Detached House | Asking Price £300,000

VIDEO VIEWING AVAILABLE - A substantial 3 storey detached residential block which has been subdivided internally to prov...

Stoney Way Tetney

3 Bedroom Detached Bungalow | Asking Price £300,000

Superb detached home with a "Roof Lift" extension, offering versatile living spaces with 3/4 bedrooms & sunroom. Newly i...

Cumberland Avenue Grimsby

4 Bedroom Semi-Detached House | Asking Price £305,000

Introducing Lindcoit, a substantial 4-bedroom semi-detached house, boasting original charm and charterer. Situated on th...

Weelsby Road Grimsby

Block of Apartments | Asking Price £310,000

ATTENTION INVESTORS — Former residential institution ripe for redevelopment in a popular residential area. Planning perm...

Weelsby Road Grimsby

Development | Asking Price £310,000

ATTENTION INVESTORS — Former residential institution ripe for redevelopment in a popular residential area. Planning perm...

Jackson Green & Preston (Grimsby)

19 West Saint Marys Gate, Grimsby, Lincolnshire, DN31 1LE

01472 311 113

How much is your home worth?

Use our short form to request a valuation of your property.

Request a Valuation

Mortgage Calculator

Amount Borrowed: £
Total Amount Repayable: £
Total Monthly Payment: £
©2024 The Guild of Property Professionals. All rights reserved. Terms and Conditions | Privacy Policy | Cookie Policy | Complaints Policy | Members Login
The Guild of Property Professionals Trading Address: 121 Park Lane, London W1K 7AG. GPEA Limited. Registered in England & Wales.  Company No: 02819824.  Registered Office Address: 2 St. Stephen's Court, St. Stephen's Road, Bournemouth, Dorset, England, BH2 6LA.  VAT Registration No: 576 8795 61
Book a Property Valuation Update Cookies Preferences