1 /5
£200,000
Grosvenor Road, Skegness, PE25
- 5 beds
£200,000
- 5 beds
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Estimate monthly mortgage payment:
£913 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£10,000
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An excellent investment opportunity, this HMO offers five individual lettable rooms with communal kitchen and bathroom. There is a good sized rear garden which is fully enclosed and an off road area to the front of the property. The property benefits from gas central heating and uPVC double glazing. The property benefits from full occupancy (June 2023) and would be sold as such as an ongoing investment. The agents are advised that the property meets all the currently required regulations making it a "ready to go" investment. Prospective buyers should make their own enquiries to ensure it meets their needs. The agent understand that the current turnover to be in the region of £24,480 offering a gross yield of 12%. Viewings are available - please allow plenty of notice when requesting your appointment.
Entrance: , uPVC door to hall with doors off, ceiling light point, radiator.
Room One (lounge area): 3.75m x 3.75m (12'4" x 12'4"), uPVC bay window, radiator, ceiling light point, tv point.
Room One (bed area): 3.93m x 3.05m (12'11" x 10'0"), Ceiling light point.
Room Two: 3.41m x 2.14m (11'2" x 7'0"), uPVC window, radiator, ceiling light point, tv point.
Room Three: 3.09m x 3.50m (10'2" x 11'6"), uPVC window, radiator, ceiling light point, tv point.
Room Four: 3.93m x 2.85m (12'11" x 9'4"), uPVC window, radiator, ceiling light point, tv point.
Room Five: 3.31m x 2.30m (10'10" x 7'7"), uPVC window, radiator, ceiling light point, tv point.
Communal Kitchen: , Having single drainer stainless steel sink unit set in work surfaces extending to provide a range of fitted base cupboards and drawers under, space for cooker, fridge/freezer, ceiling light point, uPVC window & door to rear entrance hall.
Communal bathroom: , Having a p shaped bath with shower over, pedestal hand wash basin & close coupled W/C, uPVC window, radiator & ceiling light point.
Outside: , There is a good sized rear garden which is fully enclosed, laid mainly to lawn, with a concrete path and inset trees bushes & shrubs.
The front of the property is laid to concrete and provides the perfect location for the waste bins to be stored.
Entrance: , uPVC door to hall with doors off, ceiling light point, radiator.
Room One (lounge area): 3.75m x 3.75m (12'4" x 12'4"), uPVC bay window, radiator, ceiling light point, tv point.
Room One (bed area): 3.93m x 3.05m (12'11" x 10'0"), Ceiling light point.
Room Two: 3.41m x 2.14m (11'2" x 7'0"), uPVC window, radiator, ceiling light point, tv point.
Room Three: 3.09m x 3.50m (10'2" x 11'6"), uPVC window, radiator, ceiling light point, tv point.
Room Four: 3.93m x 2.85m (12'11" x 9'4"), uPVC window, radiator, ceiling light point, tv point.
Room Five: 3.31m x 2.30m (10'10" x 7'7"), uPVC window, radiator, ceiling light point, tv point.
Communal Kitchen: , Having single drainer stainless steel sink unit set in work surfaces extending to provide a range of fitted base cupboards and drawers under, space for cooker, fridge/freezer, ceiling light point, uPVC window & door to rear entrance hall.
Communal bathroom: , Having a p shaped bath with shower over, pedestal hand wash basin & close coupled W/C, uPVC window, radiator & ceiling light point.
Outside: , There is a good sized rear garden which is fully enclosed, laid mainly to lawn, with a concrete path and inset trees bushes & shrubs.
The front of the property is laid to concrete and provides the perfect location for the waste bins to be stored.
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£913 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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