Situation:
The property is situate on Cross Street, Skegness central to a wide range of facilities and amenities including the sea front, promenade and leisure facilities. Skegness itself is a popular sought after seaside resort, with many thousands of holiday makers year by year. Skegness also offers excellent access to the coastal towns of Lincolnshire.
Description:
A traditionally constructed mid terrace house, ideal for investors and owner occupiers alike, benefitting from both double glazing and central heating, with versatile and deceptive accommodation. This property may be suitable for a variety of uses (STP), including holiday let, residential let or HMO conversion. A strong yield and opportunity to add value are there – with potential HMO rates at £95 per room, per week (£19,760 per annum as a 4 bed HMO), or Holiday lets in excess of £600 per week in the popular months.
Accommodation: Ground Floor
Entrance
Sitting Room
Dining Kitchen
Family Bathroom
First Floor
Bedroom 1
Bedroom 2
Second Floor
Bedroom 3
Outside
Rear garden.
Material Information Tenure:
The property is freehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.
Council Tax:
The property falls within East Lindsey Council – BAND A
Possession:
Vacant possession will be given upon completion.
Viewing:
Strictly by appointment with Auction House.
Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
C
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.