2-bedroom property · LN1 2NY
For saleListed 254 days
Opportunity summary
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About
A larger than average two double bedroom park home located within the popular Elms retirement development for the over 50s.
The property benefits from open views over the parkland to the front, a driveway providing off road parking, garage and garden to the side.
The internal accommodation briefly comprises of Entrance Hall, Lounge with views over the park, Dining Room, Kitchen, Shower Room and two well-appointed Bedrooms with fitted wardrobes.
Outside there is an additional Utility Area and Storage Area. The park home is being sold with No Onward 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 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.
GROUND RENT INFORMATION Annual Ground Rent - £2,568 All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.
ACCOMMODATION ENTRANCE HALL With UPVC entrance door, double radiator and built-in storage cupboards.
KITCHEN 13' 0" x 9' 2" (3.96m x 2.79m) , fitted with a range of wall and base cupboards with drawers and work surfaces over, oven and hob,extractor fan, 1 1/2 bowl sink unit and drainer, cupboard housing the gas central heating boiler and UPVC window to the side elevation.
LOUNGE 19' 4" x 11' 2" (5.89m x 3.4m) , with two UPVC bay windows to the front elevation, UPVC sliding patio doors and two double radiators.
DINING ROOM 10' 0" x 9' 6" (3.05m x 2.9m) , with UPVC window to the side elevation and radiator.
BEDROOM 1 12' 0" to wardrobe x 9' 5" (3.66m x 2.87m) , with UPVC window to the side elevation, a range of fitted double wardrobes and radiator.
BEDROOM 2 12' 0" x 9' 5" (3.66m x 2.87m) , with UPVC window to the side elevation, a range of fitted double wardrobes and radiator.
SHOWER ROOM With suite to comprise of fitted shower cubicle, WC and wash hand basin, tiled flooring, tiled walls, towel radiator and UPVC window to the side elevation.
OUTSIDE There is a garden to the side, driveway and garage. STORAGE AREA 6' 7" x 9' 7" (2.01m x 2.92m) , with light and power.
UTILITY ROOM 9' 7" x 6' 7" (2.92m x 2.01m) , with light, power and plumbing for washing machine.
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.
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FAQ
About Acacia Avenue, The Elms, Torksey, Lincoln
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