Portfolio Of 7 Investment Properties – Available Individually Or As A Portfolio
- PROPERTY TYPE
House
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- A mix of one- and three-bedroom accommodation
- One property in Skegness and six in Louth
- One freehold house and six long-leasehold flats
- Full Let. Rent of £3,795 pcm / £45,540 per annum
Description
A varied residential investment portfolio of seven properties in established locations across Louth and Skegness, offered for sale as a whole, with offers also invited for individual properties. Interested parties are encouraged to submit their offers for the portfolio or their chosen property. Comprising one freehold mid-terraced house and six long-leasehold flats, the portfolio offers 15 bedrooms and approximately 4,238 sq ft of accommodation.
The combination of compact apartments and a traditional terraced house across two recognised Lincolnshire towns offers a diversified residential investment with an established income profile. The one- and three-bedroom accommodation provides practical living areas, kitchens and bathrooms suited to continued residential use, with individual property specifications set out in the Portfolio Schedule.
2 Guernsey Court on Robin Hood Road, Skegness, is a one-bedroom flat of approximately 414 sq ft, held on a long leasehold. Its proximity to the town centre, main railway station and hospital provides convenient access to everyday amenities and transport links.
Five of the portfolio's apartments occupy Harrison Warehouse on Eastgate, within walking distance of Louth town centre's independent shops, cafés, restaurants and regular markets, with public transport nearby. Flats 7, 8 and 9 each have three bedrooms, while Flats 11 and 12 each have one. All are held on long leases and range from approximately 316 sq ft to 741 sq ft.
Completing the Louth portfolio, 96 Newmarket is a freehold three-bedroom mid-terraced house of approximately 950 sq ft. Its established residential setting offers access to everyday amenities, with the town's shops and eateries to the north-west and nearby Redhill Nature Reserve providing outdoor leisure space.
Rents across the individual properties range from £465 to £710 per calendar month. The portfolio produces combined rental income of £45,540 per annum. The tenure mix comprises one freehold house and six long-leasehold flats.
Location
One property in Skegness and six in Louth
Brochures
Current Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Portfolio Of 7 Investment Properties – Available Individually Or As A Portfolio
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Visit our security centre to find out moreDisclaimer - Property reference 223182FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by WATLING REAL ESTATE LIMITED, Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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