2-bedroom property · LN1 2PN
For saleReduced £2.5k (−3%) on 10 OctListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom single unit park home, offered for sale with no onward chain and situated within the popular retirement village The Elms in Torksey.
Requiring some modernisation, the property presents an excellent opportunity for buyers looking to update and personalise, while benefiting from a well-proportioned layout and pleasant surrounding plot.
The accommodation comprises of an entrance hall, lounge, kitchen diner, two double bedrooms, bathroom and a separate utility room.
Externally, the property enjoys low maintenance gardens, a patio seating area and off road parking.
Description A two bedroom single unit park home, offered for sale with no onward chain and situated within the popular retirement village The Elms in Torksey.
Requiring some modernisation, the property presents an excellent opportunity for buyers looking to update and personalise, while benefiting from a well-proportioned layout and pleasant surrounding plot.
The accommodation comprises of an entrance hall, lounge, kitchen diner, two double bedrooms, bathroom and a separate utility room.
Externally, the property enjoys low maintenance gardens, a patio seating area and off road parking.
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 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 UPVC frosted glass door with accompanying side window, laminate flooring, two useful storage cupboards, one with shelving and the other housing the wall mounted boiler and access to the kitchen diner, both bedrooms and bathroom.
Lounge 13' 10" x 11' 11" (4.22m x 3.63m) With UPVC double glazed windows to both the front and side aspects, fireplace with surround, glazed double doors leading through to the kitchen diner and door providing access to the garden.
Kitchen/diner 9' 5" x 13' 10" (2.87m x 4.22m) Fitted with a range of wall and base units, incorporating a sink with drainer and mixer tap positioned beneath a UPVC double glazed window overlooking the garden, lino flooring, radiator, gas hob, eye level electric oven, space for a fridge freezer and ample room for a dining table.
Bedroom 1 13' 10" x 12' 7 max" (4.22m x 3.84m) With UPVC double glazed window to the side aspect, radiator and a range of fitted wardrobes providing useful storage.
Bedroom 2 8' 10" x 7' 10" (2.69m x 2.39m) With UPVC double glazed window to the side aspect, radiator and fitted wardrobe storage.
Bathroom Comprising of a three piece suite including a double width shower cubicle with tiled splashbacks, pedestal wash hand basin and WC, lino flooring, radiator, wall mounted vanity storage, extractor and a frosted UPVC double glazed window to the side aspect.
Utility room 13' 10" x 6' 8" (4.22m x 2.03m) A separate and practical space fitted with worktop, stainless steel sink with drainer and plumbing for a washing machine.
Outside The property benefits from a pleasant, low maintenance plot. To the front there is a parking space for one vehicle and a slabbed pathway running around the perimeter of the home.
The garden is primarily laid to lawn with gravelled borders and includes a patio seating area, ideal for enjoying the outdoor space during the warmer months.
There is also access to a useful external store and separate utility room, along with designated gas canister storage area.
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
Agent & docs
FAQ
About 6, Lime Close, Torksey, Lincoln
Explore nearby