House For Sale £300,000
Jackson, Green and Preston are delighted to offer to the market for sale this substantial 3 storey semi-detached house which is located on St. Andrews drive a short walk from Skegness seafront with excellent local amenities, restaurants, bingo hall and public carpark. Skegness is a popular tourist resort with lovely beach and excellent visitor attractions including Skegness Pleasure Beach.
This substantial property has been converted to provide 7 studio flats and a large 2 bedroomed ground floor apartment, attached garage and ancillary utility/wash room facilities.
The property is currently vacant and would benefit from light refurbishment but once fully occupied we would anticipate this to generate an income of circa £38,000 per annum. This represents an investment yield of circa 12.6% at the asking price.
Available with NO "CHAIN" and a ready to go investment, this is not to be missed.
The property may also be suitable for conversion to other residential uses subject to necessary consent.
This substantial property has been converted to provide 7 studio flats and a large 2 bedroomed ground floor apartment, attached garage and ancillary utility/wash room facilities.
The property is currently vacant and would benefit from light refurbishment but once fully occupied we would anticipate this to generate an income of circa £38,000 per annum. This represents an investment yield of circa 12.6% at the asking price.
Available with NO "CHAIN" and a ready to go investment, this is not to be missed.
The property may also be suitable for conversion to other residential uses subject to necessary consent.
