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See how verdicts work2-bedroom property · LN1 2EH
Sold STCListed 471 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION 7 Cedar Close is a completely renovated and refurbished two bedroomed luxury Park Home positioned in this Award Winning Site.
The Elms is situated on 10 acres of protected parkland with lakes and waterside walks and 24 hour manned security.
The property has modern and stylish internal accommodation to comprise of bay fronted Lounge, Inner Hallway, modern fitted Dining Kitchen with a range of integral appliances, luxury Shower Room and two Bedrooms.
Outside there is a Garden Store and Utility with a parking space to the front and lawned garden to the side.
Viewing is essential to appreciate the accommodation on offer and position it sits within the Development.
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. Pitch fee £2,575.00 per annum All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and 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 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.
INNER HALLWAY KITCHEN/DINER 12' 2" x 8' 1" (3.71m x 2.47m) LOUNGE 12' 6" x 12' 2" (3.83m x 3.71m) SHOWER ROOM 5' 10" x 5' 2" (1.80m x 1.59m) BEDROOM 1 10' 0" x 8' 3" (3.06m x 2.54m) BEDROOM 2 7' 6" x 7' 5" (2.31m x 2.27m) STORE 12' 2" x 4' 0" (3.71m x 1.22m) UTILITY ROOM 13' 8" x 5' 6" (4.17m x 1.70m) OUTSIDE
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
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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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FAQ
About 7, Cedar Close,The Elms, Torksey, Lincoln
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