2-bedroom property · LN8 6HS
Listing removedReduced £2k (−2%) on 21 JunListed 534 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented and spacious Park Home situated on a corner plot in a quiet position within the popular over 50s, pet friendly Park Home site of Kingsmead Park.
Ideally located in the Lincolnshire Wolds, the property offers easy access to both Market Rasen and Louth, while also being close to the nearby village of Binbrook, which offers a further range of village facilities.
The property sits on a corner plot with low maintenance gardens to the front, side, and rear and benefits from a driveway providing off road parking, a garden shed and decked areas accessed from both the Lounge Diner and the side of the home.
Internally, the property offers accommodation comprising of Entrance Porch, Kitchen fitted with a range of units, dual aspect Lounge Diner with double doors leading onto the decking area, Bedroom one with a walk-in wardrobe, Bedroom two, which could also be utilised as a separate Dining Room accessed from the Kitchen and a Shower Room with a modern fitted suite.
Viewing is es Description A well-presented and spacious Park Home situated on a corner plot in a quiet position within the popular over 50s, pet friendly Park Home site of Kingsmead Park.
Ideally located in the Lincolnshire Wolds, the property offers easy access to both Market Rasen and Louth, while also being close to the nearby village of Binbrook, which offers a further range of village facilities.
The property sits on a corner plot with low maintenance gardens to the front, side, and rear and benefits from a driveway providing off road parking, a garden shed and decked areas accessed from both the Lounge Diner and the side of the home.
Internally, the property offers accommodation comprising of Entrance Porch, Kitchen fitted with a range of units, dual aspect Lounge Diner with double doors leading onto the decking area, Bedroom one with a walk-in wardrobe, Bedroom two, which could also be utilised as a separate Dining Room accessed from the Kitchen and a Shower Room with a modern fitted suite.
Viewing is essential.
Location Located within this prestigious area of outstanding natural beauty in the Lincolnshire Wolds, with views over open countryside and the nearby village Binbrook offer further amenities.
Binbrook is a thriving village located approximately 8 miles from Market Rasen and 10 miles from Louth.
The village has a Doctor's Surgery with Pharmacy, General Stores, a Post Office, Public House, Hairdressers, Chinese take-away, Church of England Primary School and Early Learning Centre.
The village hosts various activities and there is a popular green bowls club. Services All mains services available.
The electricity and water are provided via Lincolnshire Parks and charged separately. Ground rent Approximately £198.23 per calendar month.
All figures should be checked with the Site Owners prior to completion of the sale.
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 UPVC double glazed external door and windows.
Kitchen 9' 4" x 8' 2" (2.84m x 2.49m) UPVC double glazed window, vinyl flooring and fitted with a range of wall, drawer and base units with work surfaces over and tiled splashbacks, composite sink and drainer, integrated electric oven, four ring gas hob with extractor fan over, space for fridge freezer and plumbing/space for a washing machine.
Dining room / bedroom 2 7' 3" x 7' 1" (2.21m x 2.16m) UPVC double glazed window and radiator.
Lounge/diner 19' 0" x 10' 10" (5.79m x 3.3m) Dual aspect UPVC double glazed bay windows, two radiators and double doors leading onto a decking area.
Bedroom 1 10' 10" x 9' 2" (3.3m x 2.79m) UPVC double glazed window, radiator and access to a walk-in wardrobe with fitted shelving and hanging space.
Wardrobe 7' 1" x 4' 11" (2.16m x 1.5m) shower room 6' 1" x 5' 7" (1.85m x 1.7m) UPVC double glazed window, tiled flooring, low level WC, wash hand basin with cupboard below, walk-in shower with panelled walls and heated towel rail.
Outside The property is situated on a corner plot with low maintenance gardens to the front, side, and rear.
There is a driveway providing off road parking, a garden shed and decked areas accessed from both the lounge diner and the porch.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 52, Kingsmead Park, Market Rasen
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