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2 Bed Flat, Single Let, Skegness, PE25 3RU £55,000

Old Wainfleet Road, Skegness, PE25 3RU - 3 months ago
  1. Deal Search
  2. Skegness
  3. PE25
  4. PE25 3RU
Leasehold
BTL
ROI: 12%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Skegness
  • More Deals in PE25
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Property History

Listed for £55,000

September 4, 2025

Description

  • First Floor Flat +
  • 1 Double bedroom & 1 small bed/box room + bathroom +
  • Lounge & kitchen with cooker and fridge incl +
  • Gas central heating & partial double glazing +
  • Gardens the side +
  • Would benefit from general refurbishment throughout +
  • No upward chain to worry about +
  • Investment opportunity +

A first floor flat positioned within a ten minute walk of shops, supermarkets and the town centre. The flat offers a hallway, stairs and first floor landing, lounge, kitchen, bathroom, one double bedroom and a small bedroom/box room. Outside there is a an area of established garden and footpath. Additional benefits include gas central heating and double glazing. There is no upward chain and the flat is available for a quick sale if required. Viewings are available now - by appointment

Side Entrance Hall: With a double glazed entrance door on the ground floor, storage area under stairs, wall mounted gas central heating boiler, radiator at half landing with stairs leading to first floor landing.

Stairs & Landing: With access doors to the kitchen, bathroom and bedroom two/box room.

Kitchen: 3.78m x 2.84m (12'5" x 9'4"), With a sink unit, base cupboards and drawers, gas cooker point, radiator. (gas cooker included)

Lounge: 3.91m x 3.66m (12'10" x 12'), With a decorative fireplace and radiator. (gas wall heater not currently in operation).

Bedroom: 3.73m x 3.66m (12'3" x 12') into recess, With a radiator and double aspect windows.

Bathroom: 2.29m x 1.37m (7'6" x 4'6"), Accessed from the main landing. Having a bath with shower over, wash hand basin, low level wc.

Bedroom Two/Box Room: 2.46m x 1.45m (8'1" x 4'9"), With a radiator

Outside:

Lease Information: The agents understand that the lease commenced August 1987 for a period of 99 years leaving 60 years remaining.

We are advised that the ground rent is £40 per annum with the freeholder responsible for arranging insurance and recharging it to the owner of the flat.
Therefore the owner of this property is responsible for 25% of the buildings insurance cost.

Any interested parties should seek legal advice regarding further lease information.

Buyers Notes: The sellers have advised us that a gas safety check was completed on 5th June 2025 including the gas cooker and gas boiler. The two independent gas wall heaters have been disconnected (but may be possible to re-connect if so desired - by a gas safe registered gas engineer.

An electrical safety check was carried out on 8th June 2023.

All items currently in the flat will be included in the sale if required.

Agent Details

Beam Estate Agents, Skegness

01754 802894

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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