Summary - Bishop Tozer Close, PE24 PE24 5JF
3 bed 2 bath Semi-Detached
Immediate rental income from a long-standing tenant in a seaside town location.
Three-bedroom semi-detached house, approximately 904 sq ft
This three-bedroom semi-detached house in Burgh Le Marsh (Skegness), offered freehold, is marketed primarily as a buy-to-let. It currently produces a gross annual rental income of £10,800 from a long-term tenant who intends to remain, giving immediate cashflow for a purchasing investor.
The property is a modest, two-storey brick home with private garage parking, driveway and small front and rear gardens. Internally the home is average-sized at about 904 sq ft and appears externally well maintained, making it straightforward to let as-is or to refresh for higher rents.
Considerations: the property sits in a deprived postcode area (PE24) which can influence long-term capital growth and tenant demand. A buyer’s premium will apply on purchase. The listing lacks internal photos, a floorplan and an EPC — obtain these before bid/offer to confirm condition and energy performance.
Suitable for investors seeking immediate rental income or developers looking for a portfolio addition. Short-term upside could be achieved by modest refurbishment and obtaining up-to-date EPC and room measurements to maximise future rental value.
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