- 6 bedroom semi-detached property +
- Being sold with tenants in situ +
- Current rental income of £940pcm (£11,280 per annum) +
- Potential to look at the property being used as a HMO however confirmation would need to be gain from the local council +
- Gross yield of 6.6% +
- Freehold property +
Investment Property for Sale - Wainfleet Road, Skegness, PE25 3RQ
High-Yield Freehold Opportunity | 6.6% Gross Yield | Tenanted
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Pure Investor is pleased to present an outstanding investment opportunity in a sought-after coastal location in Skegness, an area known for consistently strong rental demand and resilient long-term returns.
Guide Price: £170,000 (Freehold)
Current Rental Income: £940 PCM (£11,280 per annum)
Gross Yield: 6.6%
This six-bedroom semi-detached property offers a rare chance to acquire a high-yielding, fully tenanted asset generating immediate income from day one. With tenants already in situ, investors benefit from stable cash flow without void periods or re-letting costs.
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Investment Highlights
* Attractive 6.6% Gross Yield - Outperforms typical UK residential returns, with further income potential through strategic management.
* Freehold Tenure - Full ownership with no ground rent or service charges, boosting net yield and long-term capital growth.
* Immediate Income - Established tenancy producing £940 per month, ensuring instant returns.
* Low Council Tax (Band A) - Reduced running costs enhance net profitability and appeal to value-focused tenants.
* Six-Bedroom Layout - High rental density and flexibility, suitable for professional sharers, large families, or multi-generational households-strong demand segments within Skegness.
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Property Features
This spacious semi-detached home is well configured for the thriving local rental market and offers:
* Six generously sized bedrooms
* Two reception rooms featuring period fireplaces and excellent natural light
* Gas central heating and double glazing throughout
* Large brick outhouse with sink for additional storage or utility use
* External WC
* Street parking for residents
* Mains water and sewerage
* Ultrafast broadband availability (up to 1000 Mbps)
* EPC Rating: D.
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