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See how verdicts work2-bedroom terraced house · LN12 2BD
Listing removedListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Choice Properties are delighted to offer for sale this ideal investment opportunity just moments away from the local amenities and golden sandy beaches of Mablethorpe.
This most spacious end terrace house is laid out as two separate self-contained one bedroom flats, with one to the ground floor and one to the first floor. Early viewing is certainly advised!
This most spacious property is currently on one title but laid out as two one-bedroom flats.
A front entrance door provides access to the first floor flat, while an entrance door to the rear provides access to the ground floor flat.
The two flats benefit from gas central heating and uPVC double glazing and comprise: Ground Floor Flat: - Entrance Porch - uPVC entrance door. Radiator.
Open Plan Living Area - Fitted kitchen comprising a range of wall and base units with work surfaces over, stainless steel sink unit and drainer, space for freestanding under counter fridge.
Cooker point. Part tiled walls. Light and airy living area. Radiator. Bedroom - Spacious double bedroom with bay window, high ceilings and picture rails. Radiator.
Bathroom - Fitted with a three piece suite comprising panelled bath tub, hand wash basin and wc. Part tiled walls. Radiator.
Cupboard housing the gas boiler and hot water cylinder, with plumbing for a washing machine. First Floor Flat: - Ground Floor Entrance Hall - uPVC entrance door. Staircase leading to the landing.
Landing - Loft access. Thermostat controls. Radiator.
Kitchen - Fitted with wall and base units with work surfaces over, stainless steel sink unit and drainer with mixer tap, cooker point, space for freestanding under counter fridge.
Wall mounted ‘Viessmann’ combination boiler. Radiator. Part tiled walls. Reception Room - Light and airy reception room. Radiator. Bedroom - Double bedroom. Radiator.
Bathroom - Fitted with a white three piece suite comprising panelled bath tub, hand wash basin and wc. Radiator. Part tiled walls. Cupboard with radiator.
Garden - To the rear of the property is a privately enclosed garden with timber fencing to the boundaries. Tenure - Freehold.
Council Tax Band - Local Authority - East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincolnshire, LN9 6PH Tel. No.
Website: Council Tax Band - According to the Valuation Office Agency Website both flats are currently in Council Tax Band A. Viewing Arrangements - By appointment through Choice Properties on .
Opening Hours - Monday - Friday: 9am - 5pm Saturday: 9am - 3pm Making An Offer - If you are interested in making an offer on this property please have a chat with us and we will be happy to start the negotiations for you.
Under money laundering regulation we will ask you to provide us with formal photographic ID by way of either a passport or driving licence.
If you are travelling from afar we would advise bringing this documentation with you just in case this home is perfect for you.
We would also like to make you aware that we will require details of your estate agents, proof of funds should you be a cash buyer and solicitors details, as this helps us to start the transaction quickly for you.
Choice Properties have not tested any included apparatus, equipment, fixtures, fittings, central heating systems or services mentioned in these particulars and purchasers are advised to satisfy themselves as to their working order and condition.
Buyers are strongly advised to obtain verification from their Solicitor or Surveyor regarding the working order and condition of all the items included.
These particulars do not constitute, nor constitute any part of, an offer or contract.
All statements contained in these particulars as to this property are made without responsibility on the part of Choice Properties or the vendors or lessors.
None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.
All measurements have been taken as a guide to prospective buyers only, and are approximate.
Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
The vendors do not make or give and neither Choice Properties nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About George Street, Mablethorpe
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