2-bedroom property · LN2 3JS
Listing removedReduced £10k (−10%) on 21 JunListed 498 days
Opportunity summary
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About
This is a completely refurbished and well-presented two bedroom double park home, positioned in this popular residential over 50's development of Stonecliff Park in Welton.
The property has internal accommodation to comprise of a lounge, fitted kitchen, wet room and two bedrooms. Outside there is a fitted ramp to the front and a raised decked area and porch to the side.
The property is being sold with the added benefit of No Onward Chain.
Description This is a completely refurbished and well-presented two bedroom double park home, positioned in this popular residential over 50's development of Stonecliff Park in Welton.
The property has internal accommodation to comprise of a lounge, fitted kitchen, wet room and two bedrooms. Outside there is a fitted ramp to the front and a raised decked area and porch to the side.
The property is being sold with the added benefit of No Onward Chain. Location Located in the popular village of Welton.
The village itself offers a wide range of local amenities including schools, shops and public houses.
Stonecliff Park is a well laid out park which caters for the over 50's age group and has a range of different sized homes situated in just over 13 acres.
There is a social club near the entrance operated independently by the residents. They have a library on site. Services All mains services available. Propane gas.
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. Location Located in the popular village of Welton.
The village itself offers a wide range of local amenities including schools, shops and public houses.
Stonecliff Park is a well laid out park which caters for the over 50's age group and has a range of different sized homes situated in just over 13 acres.
There is a social club near the entrance operated independently by the residents. They have a library on site. Services All mains services available. Propane gas.
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. Porch 4' 9" x 4' 5" (1.45m x 1.37m) With UPVC door and window and work surface with space for washing machine.
Kitchen 10' 0" x 9' 10" (3.05m x 3.01m) With UPVC window to the side, door to the side entrance porch, vinyl flooring, fitted with a range of base units and drawers with work surfaces over, stainless steel sink and drainer with mixer tap, integral over and four ring electric hob, wall mounted cupboards with complementary splashbacks and space for a fridge freezer.
Hall lounge/diner 13' 3" x 11' 8" (4.06m x 3.58m) With two UPVC windows to the front, UPVC door to the side, radiators and newly fitted carpets.
Wet room 6' 3" x 5' 2" (1.93m x 1.60m) With UPVC window to the side and suite to comprise of wet room shower, WC and wash hand basin, radiator, mermaid boarding to the walls and airing cupboard housing the gas central heating boiler.
Bedroom 1 12' 0" x 9' 6" (3.66m x 2.92m) With UPVC window to the rear and side and radiator. Bedroom 2 9' 8" x 9' 4" (2.95m x 2.87m) With UPVC window to the side and radiator.
Outside There is a ramp to the front giving disabled access with a gravelled garden. To the rear there are gravelled beds and sheds.
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.
Area
Agent & docs
FAQ
About 8, Stonecliff Park, Prebend Lane, Lincoln
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