2-bedroom house · LN12 1QN
Sold STCListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
and lt;p and gt;Reduced by motivated vendors - Lovelle are pleased to bring to the market a detached year round chalet on the popular Mablethorpe Chalet Park.
Being located close to the beach and a short walk or ride to the town centre of Mablethorpe.
and lt;/p and gt; and lt;p and gt;The Chalet Offers Private Decking to the front of the chalet, opening up into the lounge, galley kitchen area, Two Bedrooms, Shower Room.
Parking bays located close by along with the site club house. and nbsp; and lt;/p and gt; EPC rating: Exempt.
Tenure: Leasehold, Entrance Having double opening "French" doors to the front elevation, two windows to the front elevation.
Lounge Door to bedroom two and open entrance into the kitchen, ceiling light, electric sockets, Tv aerial point.
Galley Kitchen Having a range of fitted base units with work surface over, inset electric hob and under counter electric cooker, under counter fridge, single drainer sink with drainer, window to the side elevation and doors to bedroom and shower room.
Bedroom One Being a double bedroom with window to the side elevation, double bed, ceiling light and power points.
Bedroom Two Having a window to the side elevation, ceiling light and power points.
Shower Room Having partly tiled walls, shower cubicle , WC and Pedestal wash hand basin, obscure picture window to side elevation and ceiling light.
Outside Space To the side of the chalet are parking spaces which can be used when using the chalet, there is an open green area near, children's play park a short walk away from the chalet.
Location Mablethorpe is a small seaside resort on the east coast of Lincolnshire, approximately 17 miles north of Skegness.
The town has a range of shops and amenities including a cinema, sports centre, primary school and health care centre.
Regular bus services run to the larger resort of Skegness and the market towns of Alford and Louth where a greater range of shops can be found along with secondary schools both grammar and comprehensive.
Directions From our office in Mablethorpe travel towards the traffic lights and the High Street and turning right and heading towards to the Sea front.
At the T junction turn left onto Quebec Road. Travel along Quebec Road, Turn Left on to Links Avenue, follow to the bottom and Mablethorpe Chalet Park is located at the bottom of the road.
Services The property has mains electric, water and drainage are understood to be connect but have not been tested, the purchaser should rely on their own survey to confirm this.
The property is leasehold. Current ground rent charges £3921.10 and annual services charge £556.15 . There are 46 years remaining on the current lease which we have been told this can be extended.
This style property is not mortgageable but can be lived in all year round.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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.
Area
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FAQ
About Mablethorpe Chalet Park, Mablethorpe, LN12
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