House For Sale £150,000
*Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £150,000*
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.
Lockable door to second floor landing & flat 5
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.
Auctioneers Additional Comments:
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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.
Lockable door to second floor landing & flat 5
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.
Auctioneers Additional Comments:
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
