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See how verdicts work2-bedroom property · LN12 2AP
Listing removedListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Northwood offer this recently renovated two bed detached park home.
Undergone a total refurb having a new kitchen and shower room, situated on Seaholmes springs, just a short walk from our blue award winning beach, and a short walk into Mablethorpe.
There is a bus stop also situated near the site. Briefly consists of a lounge-kitchen, Two bedrooms, shower room. EPC rating: Exempt.
Entrance Entering via Upvc French double doors to the front elevation, built in cupboard leading into the lounge/kitchen.
Lounge Having Upvc window to the front and side elevations making this a light and airy, TV point, electric sockets, ceiling light and doors giving access to all rooms.
Kitchen Brand new wall and base units, sink with mixer taps, tiled walls, tiled flooring, power points. Upvc window. House the fuse box. Bedroom One Double size room, power points, upvc window.
Bed Two Double size, power points, upvc window. Shower Room New WC, Wash basin and walk in shower, black mermaid boarding, tiled flooring.
Communal Greens And Parking To the front of the property are communal open green area, with parking to the top for all properties, further green areas are also located on the site itself.
Location Trusthorpe is a small seaside village boasting miles of unbroken sandy blue flag beaches.
The larger resorts of Mablethorpe, 2 miles north and Sutton on Sea, 2 miles south have a range of facilities including primary schools, doctors surgery, cinema and a variety of shops and eateries, the majority being independent.
Supermarkets in Mablethorpe include the Co-op, Lidl, Lord Bros and a market takes place every Thursday.
Secondary Schools both Grammar and comprehensive can be found at the market town of Alford approximately 6 miles away.
Directions From our office Head south-east on Victoria Road/A52 towards The Boulevard, Continue to follow A52 the turning for the site can be found on the Right hand side of the road, going into site turn Right and use the parking bays after the site office the property is located to the front of this.
Services The property has mains electric, Mains gas, water and drainage are understood to be connect but have not been tested, the purchaser should rely on their own survey to confirm this.
Council tax and Ground rent is payable and ground rent are payable, with a fixed ground rent for the next 3 years of £2000 including service charges. The lengh of lease is 31st december 2032.
Northwood Estate Agency and our partners provide a range of services to buyers, although you are free to use an alternative provider.
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.
Area
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FAQ
About 18, Seaholme Park, Mablethorpe
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