Wainfleet Road

Skegness, Lincolnshire

£170,000

  • 6 bedroom semi-detached property
  • Being sold with tenants in situ
  • Current rental income of £940pcm (£11,280 per annum)
  • Potential to look at the property being used as a HMO however confirmation would need to be gain from the local council
  • Gross yield of 6.6%
  • Freehold property

For more information please contact our team:

0161 337 3890

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Investment Property for Sale – 94 Wainfleet Road, Skegness, PE25 3RQ
High-Yield Freehold Opportunity | 6.6% Gross Yield | Tenanted

Pure Investor is pleased to present an outstanding investment opportunity in a sought-after coastal location in Skegness, an area known for consistently strong rental demand and resilient long-term returns.

Guide Price: £170,000 (Freehold)
Current Rental Income: £940 PCM (£11,280 per annum)
Gross Yield: 6.6%

This six-bedroom semi-detached property offers a rare chance to acquire a high-yielding, fully tenanted asset generating immediate income from day one. With tenants already in situ, investors benefit from stable cash flow without void periods or re-letting costs.

Investment Highlights
  • Attractive 6.6% Gross Yield – Outperforms typical UK residential returns, with further income potential through strategic management.
  • Freehold Tenure – Full ownership with no ground rent or service charges, boosting net yield and long-term capital growth.
  • Immediate Income – Established tenancy producing £940 per month, ensuring instant returns.
  • Low Council Tax (Band A) – Reduced running costs enhance net profitability and appeal to value-focused tenants.
  • Six-Bedroom Layout – High rental density and flexibility, suitable for professional sharers, large families, or multi-generational households-strong demand segments within Skegness.
Property Features

This spacious semi-detached home is well configured for the thriving local rental market and offers:

  • Six generously sized bedrooms
  • Two reception rooms featuring period fireplaces and excellent natural light
  • Gas central heating and double glazing throughout
  • Large brick outhouse with sink for additional storage or utility use
  • External WC
  • Street parking for residents
  • Mains water and sewerage
  • Ultrafast broadband availability (up to 1000 Mbps)
  • EPC Rating: D
Why Skegness? A High-Demand Coastal Market

Tourism Hub – As one of the UK’s leading seaside destinations, Skegness benefits from a vibrant tourism-driven economy with steady employment and year-round rental demand.

Excellent Connectivity – Walking distance to Skegness railway station with direct links to Grantham and Nottingham, and onward connections to London and major UK cities. Ideal for commuters and professionals.

Strong Family Appeal – With excellent schools, green spaces like Tower Gardens, and the renowned Skegness Beach, the area attracts long-term family renters seeking quality coastal living.

Close to Town Centre – Just a short walk from Skegness High Street offering shops, cafés, restaurants, and essential amenities—an important factor in achieving strong rents.

Coastal Lifestyle Premium – Properties near the sea command enduring demand and typically maintain strong rental and capital values.

Why Act Now?

High-yielding investment properties in coastal locations with established tenants are increasingly rare. This opportunity combines strong returns, freehold ownership, and consistent rental demand in a market known for long-term stability.

LET PURE INVESTOR TAKE THE STRAIN AWAY …..

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.

✅ Fully managed lettings and property management service

✅ Comprehensive coverage throughout England and Wales

✅ One team, one fee across your full portfolio

✅ Rental income protection available

✅ Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: 0161 337 3890 to find out more

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