Summary - 77 Ormond Road, Spengness, PE25 3EH PE25 3EH
1 bed 1 bath Not Specified
**Standout Features:**
- Attractive period block of **six self-contained flats**
- **Regular rental income** from tenants in situ
- **Private off-road parking** available
- Located within **walking distance to amenities** and the beach
- Generous overall size of **2,414 square feet**
- High ceilings and period features throughout
**Overview:**
Discover a unique investment opportunity with this striking block of six self-contained flats nestled in the desirable Drummond Road area of Skegness. Perfect for investors looking to expand their portfolio, these units are currently tenant-occupied, ensuring immediate rental income while you devise long-term enhancement plans. Each flat boasts remarkable period features, including high ceilings and large bay windows, which enhance their character and appeal.
The property is a stone's throw from the vibrant seafront, offering a wealth of local amenities, cafés, shops, and essential services. Additionally, it benefits from off-road private parking, a significant advantage in this bustling area. While we recommend a thorough inspection, the current condition suggests renovation potential for those seeking to add value or personalize the space further.
Note that the crime rate is relatively high in the area, which is a consideration for prospective buyers. However, the strong rental market in this sought-after coastal town suggests great potential for sustained income and appreciation. This property, with bidding expected to be active, could easily be the standout addition to your investment portfolio so act swiftly!
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