1-bedroom flat · PE25 3HR
To rentListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**available now**no deposit option available**water included** Leaders are pleased to present to let this ground floor, one bedroom flat located on the seafront of the saught after town of Skegness.
This property is located in an enviable area with an abundance of local amenities, public transport links, nearby parks and walking routes right on your doorstep, making it an ideal location for those who enjoy the outdoor life.
The studio apartment features a kitchen/living space, with ample storage with wall and floor mounted cupboard space, free standing oven and hob, and extractor hood.
In addition to the open-plan kitchen/living space, the property also boasts a well-appointed bathroom with a shower, hand basin, and toilet.
The property layout and design has been carefully thought out to allow for maximum utilisation of space, ensuring that every area within the studio serves a functional purpose.
The property is rated 'D' for energy performance, meaning it's reasonably energy-efficient, and falls within council tax band 'A', which will be beneficial for any potential tenants looking to manage their living costs effectively.
Overall, this flat offers an excellent living space in a desirable location, combining quality, comfort and convenience.
Don't miss out on this great opportunity to rent a unique property in a sought-after location. Some pets may not be allowed. EPC- D council tax band- A Security deposit-£617.30 holding deposit-£123.46
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Flat 2a, 84, South Parade, Skegness
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