Summary - LAKESIDE RESTAURANT, PRINCES PARADE PE25 3HW
16 bed 10 bath Detached
**Standout Features:**
- 16-bedroom detached house with 10 individual holiday letting apartments.
- Prime sea front location with impressive views over the foreshore and coastline.
- Ideally situated in the bustling heart of Skegness, steps from local amenities, attractions, and the beach.
- Generous off-road parking and enclosed rear courtyard with storage sheds.
- Major upgrades including modern gas central heating, double glazing, and compliant wiring with fire alarm.
**Potential Concerns:**
- Conditioning of some aspects may require attention, especially in storage sheds.
- High crime rate reported in the local area and a classification of "Very deprived."
Discover a remarkable investment opportunity in this expansive 16-bedroom detached house in Skegness, perfectly positioned along the desirable sea front. Comprising 10 established holiday letting apartments—with potential to adapt one for owner occupancy—this property promises excellent rental income, capturing the interest of tourists drawn to the vibrant local attractions.
Each apartment is designed for comfort, featuring kitchens and bathrooms, allowing guests to enjoy a home-like experience while soaking in the stunning coastal views. The property's prime location places it just steps away from the town center, the aquarium, and sandy beaches, ensuring a steady flow of visitors. Significant renovations have been made to meet current standards, enhancing its safety and functionality.
With both off-street parking and a private courtyard, you can expect everyday convenience in a lively seaside town. While the local area reflects some challenges in terms of deprivation and security, the potential for growth in this transitional neighborhood is evident. With a competitive asking price, seize this opportunity to invest in a property that combines coastal charm with lucrative returns. Don't miss out on your chance to own a slice of Skegness paradise—act fast!
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