Summary - 5 ALBERT ROAD SKEGNESS PE25 3RB
2 bed 1 bath Terraced
**Standout Features:**
- Mid-terrace property in Skegness
- Two bedrooms, ideal for small families or rental
- Current rental income: £585/month
- Freehold tenure, chain-free sale
- Low-maintenance rear garden
**Potential Concerns:**
- High crime rate in the area
- Some rooms may require renovation and updates
- Small plot size with limited outdoor space
- Right of access for neighbors through the rear garden
**Summary:**
This charming mid-terrace home in the popular coastal town of Skegness is an excellent buy-to-let investment opportunity. Boasting two cozy bedrooms, a living room with a fireplace, a functional kitchen and dining area, as well as a low-maintenance rear garden, this property is currently tenanted at a rental rate of £585 per month, providing immediate cash flow for new investors.
While the compact layout may appeal to small families or those seeking a holiday rental, be aware that the property is located in an area with a high crime rate and is showing signs of wear that may benefit from updates. The small plot size limits outdoor space; however, the property does offer potential for personal touches and improvements to enhance its value. With a favorable freehold status and a chain-free sale, don’t miss your chance to invest in this promising Skegness locale, which draws significant foot traffic during the summer season.
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