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See how verdicts work3-bedroom flat · LN12 2AS
For saleListed 259 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 superb two/three bedroom top floor apartment.
This spacious and well maintained property boasts sea views from the reception room and views over Queens Park Lake and the Wolds beyond.
Benefiting from a mains gas central heating system and uPVC double glazing throughout, the generously proportioned accommodation comprises:- Entrance Lobby - 0.97m x 1.02m (3'02" x 3'04") - Front door leading into the entrance hall with a doors leading to: Hallway - 0.86m x 5.69m (2'10" x 18'08") - Housing the wall mounted consumer unit, the hallway is fitted with tiled flooring, a built in storage cupboard, telecoms system, loft access, the wall mounted thermostat, inset spot lighting and doors to: Reception Room - 4.67m x 4.42m (15'04" x 14'06") - Fitted with a TV aerial and laminate flooring with a sliding patio door on to the balcony and double opening doors through to the dining area.
Open plan design with the: Balcony - 1.32m x 2.26m (4'04" x 7'05") - Kitchen - 4.06m x 2.03m (13'04" x 6'08") - Fitted with a range of wall and base units with worktop over, one and a half bowl stainless steel sink with drainer and mixer tap, space for a freestanding cooker with stainless steel extractor hood over, space for a freestanding fridge/freezer, space and plumbing for a washing machine, inset spot lighting, partly tiled walls and the kitchen also houses the wall mounted ‘Ideal’ combination boiler; supplying both the central heating and hot water systems.
Dining Area/Bedroom 3 - 3.05m x 1.60m (10'00" x 5'03") - Proving ample space for a dining table with laminate flooring.
Bedroom 1 - 3.07m x 2.49m (10'01" x 8'02") - Double bedroom with a quadruple fitted wardrobe with mirrored sliding doors.
Bedroom 2 - 1.96m x 3.05m (6'05" x 10'00") - With a built in cupboard with railing and shelving.
Bathroom - 3.07m x 1.96m (10'01" x 6'05") - Fitted with a four piece suite comprising a tiled bath tub with mixer tap and electric ‘Topaz’ shower over, hand wash basin with mixer tap; built into vanity, bidet and WC with dual flush button, tiled walls and tiled flooring, inset spot lighting and an extractor vent.
Parking - Allocated parking space. Tenure - Leasehold. There is the remainder of a 999-year lease, started in 1988.
The monthly figure for the combined ground rent and service charge is approximately £64.00 a month. Viewing Arrangements - Viewing by appointment through Choice Properties on .
Opening Hours - Monday to Friday 9.00 a.m to 5.00 p.m. Saturday 9.00 a.m. to 3.00 p.m.
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.
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 the property is currently in Council Tax Band A.
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.
Area
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FAQ
About Queens Park Close, Mablethorpe
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