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See how verdicts work2-bedroom property · LN1 2GD
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A immaculately presented and modern park home positioned in the popular Little London park home site within the village of Torksey Lock.
Little London is a private secure development and the layout of the park allows each home to stand on a large plot with parking directly aside.
The park home has internal accommodation to briefly comprise of Entrance Hallway, Dining Area, Lounge, Kitchen, Porch, Bedroom 1 with fitted wardrobes and En-suite Shower Room, Bedroom 2 and Shower Room.
Outside there are low maintenance gardens to the side and rear of the property and a blocked paved driveway providing off road parking. Viewing of the property is highly recommended.
Description A immaculately presented and modern park home positioned in the popular Little London park home site within the village of Torksey Lock.
Little London is a private secure development and the layout of the park allows each home to stand on a large plot with parking directly aside.
The park home has internal accommodation to briefly comprise of Entrance Hallway, Dining Area, Lounge, Kitchen, Porch, Bedroom 1 with fitted wardrobes and En-suite Shower Room, Bedroom 2 and Shower Room.
Outside there are low maintenance gardens to the side and rear of the property and a blocked paved driveway providing off road parking. Viewing of the property is highly recommended.
Location Little London is a park home development to the west of the historic Cathedral and University City of Lincoln, close to Torksey Lock and has regular bus services into Lincoln and Gainsborough.
Services - Mains electric, water and drainage. Piped Flo Gas 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. Ground rent Approx. £132.50 pcm, electricity is charged for separately and is collected with the Ground Rent.
Entrance hallway With UPVC double glazed external door and two windows to the side elevation, storage cupboard and radiator.
Dining area 9' 7" x 7' 5" (2.92m x 2.26m) With UPVC double glazed double doors to the side elevation, laminate flooring and radiator.
Lounge 19' 3" x 11' 6" (5.87m x 3.51m) With UPVC double glazed window to the side elevation, two UPVC double glazed windows to the front elevation, air conditioning unit, fire surround and two radiators.
Kitchen 12' 8" x 9' 3" (3.86m x 2.82m) With UPVC double glazed window to the side elevation, vinyl flooring, fitted with a range of wall, base units and drawers with work surfaces over, complementary tiled splashbacks, 1 1/2 bowl stainless steel sink unit and drainer, integral oven, four ring gas hob with extractor fan over, integral fridge freezer and washing machine, tumble dryer, radiator and wall unit housing the gas fired central heating boiler.
Porch With UPVC double glazed window and door to the side of the property.
Bedroom 1 14' 9" including wardrobes x 9' 3" (4.5m x 2.82m) With UPVC double glazed window to the side elevation, built-in wardrobe and radiator.
En-suite 6' 3" x 5' 1" (1.91m x 1.55m) With UPVC double glazed window to the side elevation, vinyl flooring, suite to comprise of low level WC, vanity wash hand basin and walk-in shower cubicle, fully tiled walls, heated towel rail and extractor fan.
Bedroom 2 11' 9" x 9' 4" (3.58m x 2.84m) With UPVC double glazed window to the side elevation, laminate flooring, built-in wardrobe and radiator.
Shower room 7' 3" x 6' 3" (2.21m x 1.91m) With UPVC double glazed window to the side elevation, vinyl flooring, suite to comprise of low level WC, vanity wash hand basin and walk-in shower cubicle, fully tiled walls, heated towel rail and extractor fan.
Outside To the side of the property there are decorative gravelled gardens with raised planters and steps to the entrance hallway.
To the side of the gravelled garden there is a blocked paved driveway providing off road parking.
To the adjacent side and rear of the park home there are low maintenance paved gardens with a garden shed.
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.
Area
Agent & docs
FAQ
About 18, Kensington Grove, Lincoln
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