2-bedroom property · LN1 2PN
For saleListed 501 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroomed park home located within the popular Elms retirement development for the over 50s in Torksey.
The property has internal accommodation to comprise of Lounge, Kitchen Diner, Shower Room and two Bedrooms. Outside there is an additional Utility Area and Storage Area.
There is also a garden to the side and parking to the front of the property. Viewing of the property is highly recommended.
LOCATION The Elms Retirement Development is situated just on the outskirts of the small village of Torksey.
The village itself offers a local Golf Club, many countryside walks and a wealth of historical heritage to explore and the nearby villages of Laughterton and Saxilby offer village shops and amenities.
Road and rail links are excellent, with the A1 approximately 15 minutes away and a rail link to London is also available at Newark.
The beautiful City of Lincoln, with its shopping and historical attractions, is approximately 12 miles away.
The Elms is an award winning fully residential luxury retirement park home site, licensed all year round for 339 homes, situated in Torksey in the heart of rural Lincolnshire.
Residents at The Elms enjoy peace and tranquillity, beauty and comfort, economy and security all on a private estate which includes 10 acres of protected park land, 3 lakes, natural wildlife and beautiful landscaping.
The adjoining canal offers peaceful walks together with private fishing.
The residents benefit from bus services to Lincoln and Gainsborough (There is a Tesco's free bus and The Elms mini bus, which is run by the residents). SERVICES - Mains electric, water and drainage.
LPG central heating. On resale purchasers must be aware that 10% commission will apply under the terms of the Mobile Homes Act, payable to the Site Owner by the buyer.
The buyers must retain 10% of the purchase price to pay to the site owner although this does not become payable until the site owner has provided his bank details following the service on him of the Notice of Assignment by the buyer.
Park Rules and Regulations are available upon request. Please note that there are no pets allowed and there is an age restriction of 50 and over.
Annual Ground Rent Amount - £2,063.49 Service Charge Reviewed - Annually All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.
INNER HALLWAY With UPVC door, UPVC window, two storage cupboards, boiler cupboard and doors to the kitchen diner, shower room and bedrooms.
KITCHEN/DINER 11' 6" x 13' 10" (3.51m x 4.23m) With UPVC windows to the side aspects, entrance door to the side aspect, glass door to the lounge, fitted with wall, base units and drawers with work surfaces over, sink unit and drainer, gas hob, radiator, spaces for fridge freezer and dining room table, extractor fan and tiled flooring.
LOUNGE 11' 11" x 13' 10" (3.65m x 4.23m) With UPVC windows and door to the side aspect, UPVC window to the front aspect, radiator, fireplace and vaulted ceiling.
BEDROOM 1 8' 7" x 13' 10" (2.62m x 4.23m) With UPVC window to the side aspect, radiator and built-in wardrobes, drawers, dressing table and storage over the bed.
BEDROOM 2 7' 10" x 8' 11" (2.40m x 2.72m) With UPVC window to the side aspect, radiator and built-in storage.
SHOWER ROOM 6' 7" x 5' 9" (2.01m x 1.76m) With three piece suite to comprise of sink, WC and shower cubicle, radiator, extractor fan, tiled flooring, tiled walls and UPVC window to the side aspect.
STORE 4' 3" x 13' 10" (1.32m x 4.23m) With door to the side aspect.
UTILITY ROOM 6' 9" x 13' 10" (2.08m x 4.23m) With door to the side aspect, window to the store, fitted with a work surface with space for tumble dryer below, vent for dryer, stainless steel sink unit with hot and cold tap, power and lighting.
OUTSIDE To the rear of the property there is a paved area with mature shrubs and trees. To the side there is a lawned area, outside tap and security lighting.
To the front there is a parking space to the front of the 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.
Area
Agent & docs
FAQ
About Lime Close, Torksey, Lincoln
Explore nearby