Well-presented two-bed flat near town and beach; cash buyers or investors preferred..
Five-minute walk to town centre, train station and seafront
A well-presented two-bedroom first-floor flat located a five-minute walk from Skegness town centre, train station and the seafront. The layout includes a bay-front lounge, modern fitted kitchen, bathroom and two comfortable bedrooms. The property benefits from gas central heating, uPVC double glazing and an allocated off-street parking space.
This flat will suit a cash buyer or a professional investor seeking a centrally located seaside rental with immediate let-ready appeal. Close proximity to shops, transport links and leisure amenities supports strong tenant demand. Broadband speeds are fast and mobile signal is excellent — useful lettings selling points.
Buyers should note material constraints: the property is leasehold with approximately 68 years remaining. Mortgage lenders commonly refuse to lend on leases under this length, so many purchasers will need to fund with cash or arrange specialist lending. Ground rent and service charge are £250 each (2025), and a full apportionment can be provided on request.
The wider area has a high crime rate and is classed as very deprived, which can affect tenant profiles and long-term capital growth. The rear garden is currently reserved for the ground-floor flat but the freeholder has indicated potential sharing; this should be confirmed in conveyancing. Overall, the flat offers immediate occupancy potential and rental income, but buyers must weigh lease and area-related risks carefully.