Studio flat · PE25 2DB
Let agreedReduced £20 (−4%) on 21 JulListed 225 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Leaders are pleased to present TO LET! **AVAILABLE NOW**WATER INCLUDED** This modern cosy self contained FIRST FLOOR studio is available to let immediately.
This property is conveniently located within the heart of Skegness town,within walking distance to the beach, all local amenities, local transport links and restaurants.
With everything you need and more this studio is ready and awaiting for its new tenants, perfect for a single occupant or couple.
This first floor studio offers a double bedroom/living area with built in hanging rails, a modern fully fitted kitchen with freestanding BEKO washing machine, counter top cooker and hob, under counter fridge and a breakfast bar allowing space for two stalls.
The bathroom offers a walk in shower, WC and freestanding hand wash basin.
Studio TWO comes with its own modern electric top up meter, this smart metering system supports tenants in an effortless, straightforward process to top up their smart meter without cash and allows them to pay online and manage their bills electronically.
Sorry no pets. EPC- C COUNCIL TAX BAND- A HOLDING FEE-£123.46 SECURITY DEPOSIT- £617.30
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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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
Agent & docs
FAQ
About Grosvenor Road, PE25
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