109-111 Drummond Road, Skegness PE25 3EP
Savills flat

109-111 Drummond Road, Skegness PE25 3EP

£180,000 Score 2.0/10

Description

To be offered on Wednesday 29 July. Freehold Mixed Use Investment. Comprising 2 x Shops, a 3 bedroom maisonette and a building to the rear. Well located in the popular seaside resort of Skegness. Significant asset management opportunities. VAT is not applicable. Investment let at £5, 640 p.a. Plus a vacant Shop and maisonette

Opportunities

  • Vacant
  • Title split (3 units)

Risks

  • EPC E — at risk under tightening MEES regulations

Lot details

  • To be offered on Wednesday 29 July
  • Freehold Mixed Use Investment
  • Comprising 2 x Shops, a 3 bedroom maisonette and a building to the rear
  • Well located in the popular seaside resort of Skegness
  • Significant asset management opportunities
  • VAT is not applicable

Estimated value

£125k – £188k ≈ £157k Low confidence
How we worked this out

Based on East Lindsey average for flat (£139k) · +13% (Vacant possession · Title split potential)

Indication only — based on Land Registry sales and EPC data, not a formal valuation.

Check bridging finance for this lot → View on Savills ↗

Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.