• Track Record
  • Clients
  • Watling i
Eastgate
Harrison Warehouse Eastgate, Louth, Lincolnshire, LN11 8DD
7e7968f2-a5c9-49fb-96a1-06a89c291d2b 78adb7ab-787f-4388-a3ff-f50c46a6b54f 2235ecdd-3902-47e6-a808-4c53f378214c be3fcf1c-9d1f-406c-ba01-d02b2a36d566 52022bb9-df2e-4e27-9947-ace53802fdb4 7639bd6c-10a8-4422-ab7d-53c08404bb30 9d725c4c-3997-4681-a6b8-0fd26c190400 d2a195f4-91dd-4aa5-8083-08de934d285e
Offers Over
£450,000
Property Type
Residential
Availability
For Sale
Reference
223182

Key Features

Key Features

  • A mix of one- and three-bedroom accommodation
  • One property in Skegness and six in Louth
  • One freehold house and six long-leasehold flats
  • Full Let. Rent of £3,795 pcm / £45,540 per annum

Description

Description

**PORTFOLIO OF 7 INVESTMENT PROPERTIES - AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO**

A varied residential investment portfolio of seven properties in established locations across Louth and Skegness, offered for sale as a whole, with offers also invited for individual properties. Interested parties are encouraged to submit their offers for the portfolio or their chosen property. Comprising one freehold mid-terraced house and six long-leasehold flats, the portfolio offers 15 bedrooms and approximately 4,238 sq ft of accommodation.

The combination of compact apartments and a traditional terraced house across two recognised Lincolnshire towns offers a diversified residential investment with an established income profile. The one- and three-bedroom accommodation provides practical living areas, kitchens and bathrooms suited to continued residential use, with individual property specifications set out in the Portfolio Schedule.

2 Guernsey Court on Robin Hood Road, Skegness, is a one-bedroom flat of approximately 414 sq ft, held on a long leasehold. Its proximity to the town centre, main railway station and hospital provides convenient access to everyday amenities and transport links.

Five of the portfolio's apartments occupy Harrison Warehouse on Eastgate, within walking distance of Louth town centre's independent shops, cafés, restaurants and regular markets, with public transport nearby. Flats 7, 8 and 9 each have three bedrooms, while Flats 11 and 12 each have one. All are held on long leases and range from approximately 316 sq ft to 741 sq ft.

Completing the Louth portfolio, 96 Newmarket is a freehold three-bedroom mid-terraced house of approximately 950 sq ft. Its established residential setting offers access to everyday amenities, with the town's shops and eateries to the north-west and nearby Redhill Nature Reserve providing outdoor leisure space.

Rents across the individual properties range from £465 to £710 per calendar month. The portfolio produces combined rental income of £45,540 per annum. The tenure mix comprises one freehold house and six long-leasehold flats.

Make an enquiry

Max Foster
Max Foster
WATLING REAL ESTATE LIMITED
Tel: 07841 952 163
Mobile: 07841952163
Rob Cruikshank
Rob Cruikshank
WATLING REAL ESTATE LIMITED
Tel: 07880 471 248

Make an enquiry

Jackie Birchall
+44 (0)7887 987 409
jackie.birchall@watling.com

Other Properties

News and properties in your inbox

Subscribe to our mailing list and receive exclusive updates, including property news, latest properties to be launched to the market, latest news and more. We respect our contact choices and don’t like to send out spam, you are free to choose which mailing lists you would like to be subscribed to catered on your interest. Please choose which list is best suited for your preference below.

Subscribe Form Popup