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See how verdicts work2-bedroom property · LN1 2NW
For saleListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom Single Park Home positioned in this award-winning over 50's retirement development of The Elms, Torksey.
The property has internal accommodation comprising of a Lounge, Kitchen/Diner, Bathroom, two Bedrooms, Outside Store and Utility Room.
Outside the property there are gardens to the front and a parking space. 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, countryside walks and a wealth of historical heritage to explore. 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 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 With uPVC windows and doors to the side aspects, fitted cupboards and doors leading into two Bedrooms, Shower Room and Kitchen Diner.
KITCHEN/DINER 8' 1" x 12' 1" (2.47m x 3.70m) , with uPVC windows to the side, fitted with a range of base units and drawers with work surfaces over, sink and drainer with mixer tap over, integral oven and four ring gas hob with extraction above, space for fridge freezer and wall-mounted cupboards.
LOUNGE 12' 5" x 12' 1" (3.81m x 3.70m) , with uPVC walk-in bay window to the front aspect, radiator and uPVC sliding doors to the side aspect.
SHOWER ROOM 6' 4" x 5' 4" (1.95m x 1.63m) , with uPVC window to the side aspect, suite to comprising of shower, WC and wash hand basin and chrome towel radiator.
BEDROOM 1 6' 6" x 12' 1" (2.00m x 3.70m) , with uPVC window to the side aspect, radiator and fitted wardrobes.
BEDROOM 2 7' 8" x 8' 0" (2.36m x 2.45m) , with uPVC window to the side aspect, radiator and fitted cupboard. STORE 4' 2" x 8' 0" (1.28m x 2.45m) , with window to the Utility Room.
UTILITY ROOM 6' 2" x 12' 1" (1.90m x 3.70m) , with window to the Store, power and lighting.
OUTSIDE To the front there is a parking space and a lawned garden and there are decorative gravel beds and paved areas to the side of the property.
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 Poplar Drive, The Elms, Lincoln
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