2-bedroom property · LN1 2PP
Sold STCListed 133 days
Opportunity summary
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About
A beautifully presented two bedroom park home, located within the highly sought after Over 50s residential development of The Elms in Torksey.
Having been tastefully modernised by the current owners, the property offers stylish and well planned accommodation comprising a bright bay-fronted lounge, a contemporary refitted kitchen/diner, a modern wet room, two well appointed bedrooms, a useful store room and a separate utility room.
Outside, the property enjoys low maintenance gardens to the front and side, together with off-road parking.
Ideally suited to those seeking comfortable, single level living within a popular community setting, an internal viewing is highly recommended. No Onwards 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 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 three storage cupboards, double glazed window to the side aspect, wood effect flooring and radiator.
LOUNGE 13' 10" x 11' 10" (4.23m x 3.63m) With double glazed bay window to the front aspect, double glazed window and door to the side aspect, wall hung electric fire and two radiators.
KITCHEN DINER 13' 10" x 9' 6" (4.23m x 2.90m) Refitted with a modern range of wall and base units with work surfaces over, stainless steel sink with side drainer and mixer tap over, electric oven and gas hob with extractor fan over, integrated slimline dishwasher, space for fridge freezer, tiled splashbacks, spotlights, wood effect flooring, radiator and two double glazed windows to the side aspects.
BEDROOM 1 13' 10" x 8' 6" (4.24m x 2.60m) Fitted with a range of wardrobes, overbed storage, radiator and double glazed window to the side aspect.
BEDROOM 2 7' 10" x 9' 1" (2.39m x 2.77m) With fitted wardrobe, wood effect flooring, radiator and double glazed window to the side aspect.
SHOWER ROOM Fitted with a three piece suite comprising of shower cubicle, wash hand basin in a vanity unit and close coupled WC, tiled walls, radiator and double glazed window to the side aspect.
OUTSIDE To the front of the property there is a parking space. The property has a side garden laid mainly to artificial lawn with patio seating area and flowerbeds.
There is also a Store Room and a Utility Room with light, power and plumbing.
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
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FAQ
About Willow Lane, The Elms, Torksey
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