2-bedroom property · LN1 2EZ
Sold STCListed 181 days
Opportunity summary
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About
A pleasant Two Bedroom Park Home situated within The Elms retirement development at Torksey.
The Elms is an exclusive and secure private development on the outskirts of the village of Torksey and has protected parkland, lakes, natural wildlife and beautiful landscapes.
There is the added benefit of a barrier controlled secure entrance, motorhome and caravan storage area, private canal moorings and fishing.
The property has well presented accommodation comprising of Lounge, Kitchen Diner, Hall, Two Bedrooms with fitted Bedroom furniture and Shower Room.
Outside there is a garden store, utility room, allocated parking space in front of the home and a lawned garden. Viewing is highly recommended. NO CHAIN.
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).
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.
ENTRANCE HALL With cupboard housing the gas fired central heating boiler, storage cupboard, double glazed window to the side aspect and radiator.
LOUNGE 12' 5" x 12' 0" (3.81m x 3.66m) With double glazed bay window to the front aspect, double glazed window to the side aspect, electric fire set within a decorative fire surround, wall lights and radiator.
KITCHEN DINER 9' 9" x 9' 5" (2.98m x 2.89m) Fitted with a range of wall and base units with work surfaces over, stainless steel sink with side drainer and mixer tap over, spaces for cooker and fridge freezer, tiled splashbacks, two double glazed windows to the side aspects and radiator.
BEDROOM 1 12' 0" x 8' 4" (3.66m x 2.56m) Fitted with a range of bedroom furniture including wardrobes, bedside tables, dressing table, drawers, over bed storage, double glazed window to the side aspect and radiator.
BEDROOM 2 7' 10" x 7' 9" (2.40m x 2.38m) Fitted with a range of bedroom furniture including wardrobes, bedside tables, over bed storage, double glazed window to the side aspect and radiator.
SHOWER ROOM Fitted with a three piece suite comprising of walk in shower cubicle, high level WC and pedestal wash hand basin, tiled walls, radiator and double glazed window to the side aspect .
UTILITY ROOM 11' 8" x 6' 7" (3.56m x 2.01m) With space for washing machine, base units with work surfaces over, light and power. OUTSIDE To the front of the property there is a parking space.
There is a lawned garden with patio seating area, shrubs and garden store.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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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