- Six-bedroom licensed HMO investment +
- Fully let and income-producing property +
- Two shared kitchens and shower rooms +
- Gas central heating and double glazing +
- Enclosed rear garden and front courtyard +
- Excellent location near town and seafront +
SmoothSale is delighted to present this spacious six-bedroom HMO property, ideally positioned just a short walk from Skegness town centre, the beach, and the popular seafront. Offering an immediate income stream, this property is a fantastic turnkey investment.
Arranged over three floors, the accommodation comprises six individual bedsits, each offering comfortable, self-contained living spaces. There are two well-equipped communal kitchens, one on the ground floor and another on the first floor, both fitted with practical storage and cooking facilities. The property also benefits from two shared shower rooms and separate WCs on each level for convenience.
The home is well maintained and features gas central heating and UPVC double glazing throughout. Outside, there is a neat, low-maintenance front courtyard and a private rear garden with patio seating and mature planting, providing a pleasant shared outdoor space for tenants.
Currently operating as a fully let and compliant HMO, the property represents an attractive investment opportunity with strong rental income. It is reported to achieve a gross annual return in the region of £33,600, offering an impressive yield of approximately 17%
Viewings are available strictly by appointment through SmoothSale — early enquiries are encouraged to secure this profitable investment in one of Skegness's most convenient locations.
-----------------------------------------------------------------------------------------------------
You can secure this property with an optional reservation deposit of £2,500. This forms part of the property's total purchase price and is not an additional fee. The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.
The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid. This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.
The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.
---------------------------------------------------------------------------------------------------
These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate. Speak to one of our property specialists about our reservation deposit scheme to find out more.