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See how verdicts work2-bedroom property · LN1 2PP
For saleListed 441 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a fantastic tucked away position within the over 50's Award Winning Retirement Development of The Elms, a 2 Bedroom Double Park home with immaculate accommodation briefly comprising of Lounge, Dining Room, Kitchen, Hall, two Double Bedrooms, En-suite Shower Room and a modern family Shower Room.
To the rear of the property there is a Utility Room and two useful Store Rooms. Outside there are beautifully landscaped low maintenance gardens, a driveway and a single garage.
The home is ideally positioned in a tucked away and private position and viewing is essential. 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). 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 Vendor.
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/Pitch Fee - £2,694.00 All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.
LOUNGE 19' 3" x 11' 11" (5.89m x 3.65m) With two double glazed bay windows to the front aspect, double glazed sliding doors to the side aspect, two radiators and laminate flooring.
DINING ROOM 11' 9" x 9' 10" (3.59m x 3.02m) With double glazed window to the side aspect, radiator and laminate flooring.
KITCHEN 14' 4" x 9' 2" (4.38m x 2.80m) Fitted with a range of wall and base units with work surfaces over, 1 1/2 bowl sink with side drainer and mixer tap over, space for fridge freezer, eye level electric oven, gas hob with extractor fan, spotlights, radiator, tiled walls, cupboard housing the gas fired central heating boiler, door to the garden and double glazed window to the side aspect.
HALL With two storage cupboards and radiator. BEDROOM 1 12' 11" x 9' 5" (3.95m x 2.88m) With double glazed window to the side aspect, radiator and a range of fitted wardrobes.
EN-SUITE SHOWER ROOM Fitted with a three piece suite comprising of shower cubicle, wash hand basin in a vanity unit and close coupled WC, chrome towel radiator, radiator, tiled splashbacks and double glazed window to the side aspect.
BEDROOM 2 12' 11" x 9' 5" (3.95m x 2.89m) With double glazed window to the side aspect, radiator and a range of fitted wardrobes.
BATHROOM Fitted with a three piece suite comprising of shower cubicle, wash hand basin in a vanity unit and close coupled WC, chrome towel radiator, radiator, tiled splashbacks and double glazed window to the side aspect.
STORE 19' 10" x 4' 3" (6.06m x 1.32m) With light and power. STORE 9' 8" x 6' 7" (2.95m x 2.01m) With double glazed window to the side aspect, light and power.
UTILITY ROOM 9' 8" x 6' 7" (2.96m x 2.01m) Fitted base units with work surfaces above, stainless steel sink with side drainer and hot and cold taps, tiled splashbacks and spaces for a washing machine and tumble dryer.
OUTSIDE The property benefits from a driveway for off-street parking, a detached single garage and a low maintenance garden with patio seating area, area of lawn and landscaped area with decorative shrubs.
GARAGE 19' 7" x 11' 8" (5.99m x 3.57m) With up and over door to the front, side personnel door, light and power.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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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About Willow Lane, Torksey
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