Initial price	£60,000
25/07/25	£55,000
06/08/25	£50,000
Price Change	-16.67%

This semi-detached house in Skegness, Lincolnshire, is a wonderful opportunity to acquire a versatile property with accommodation arranged over three floors. Currently occupied on an ongoing tenancy of £600 per month, the property has significant scope to be utilized for a multitude of uses subject to necessary consents and vacant possession. With a total of six bedrooms, the property has the potential to generate up to £15,000 per annum in rental income. The property is situated on Wainfleet Road, central to a wide range of facilities and amenities, including the sea front, promenade, and leisure facilities. The property is freehold, and all prospective bidders should satisfy themselves of the terms of the tenure, ground rent, and service charge by inspecting the legal pack.