2-bedroom property · LN1 2GD
Sold STCListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom park home situated on the popular over 50's retirement complex of Little London within the village of Torksey Lock.
The property has well-presented internal accommodation comprising of Entrance Hall, Lounge/Diner, Study, Fitted Kitchen, Utility Room, two Double Bedrooms, En-Suite Shower Room and Walk-in Wardrobe to the Master Bedroom and a Bathroom.
Outside there is a Block Paved Driveway and landscaped gardens to the front, side and rear.
The Little London Park Home site is a secure gated development within easy reach of the Cathedral City of Lincoln and the Market Town of Gainsborough. Viewing is highly recommended. NO CHAIN.
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 buyer.
Park Rules and Regulations are available upon request.
Annual Ground Rent - £TBC Annual Service Charge - £145.97 All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale. HALL With radiator.
LOUNGE/DINER 19' 4" x 15' 9" (5.91m x 4.81m) With three double glazed windows to the front and side aspects, double glazed bay window to the side aspect, electric fire set within a decorative fire surround and two radiators.
STUDY 6' 4" x 5' 10" (1.95m x 1.78m) With double glazed window to the front aspect and radiator.
KITCHEN 10' 9" x 9' 5" (3.29m x 2.89m) Fitted with a range of wall and base units with work surfaces over, electric oven and gas hob with extractor fan, stainless steel 1 1/2 bowl sink with side drainer and mixer tap over, spaces for fridge freezer and dishwasher, radiator and double glazed window to the rear aspect.
UTILITY ROOM With space for tumble dryer, wall units, radiator and door to the garden and cupboard housing the wall mounted gas fired central heating boiler, with storage shelving and plumbing for washing machine.
BEDROOM 1 11' 9" x 9' 4" (3.60m x 2.87m) With double glazed window to the rear aspect, bedside tables and dressing table.
WALK IN WARDROBE 6' 6" x 4' 0" (2.00m x 1.24m) With hanging rail and storage shelving.
EN-SUITE SHOWER ROOM Fitted with a three-piece suite comprising of shower cubicle, wash hand basin in a vanity style unit with storage beneath and close coupled WC, radiator and double glazed window to the side aspect.
BEDROOM 2 10' 0" x 9' 4" (3.05m x 2.87m) Fitted with a range of bedroom furniture, including wardrobes, bedside tables and dressing table, double glazed bay window to the front aspect and radiator.
BATHROOM Fitted with a three-piece suite comprising of panelled bath, wash hand basin in a vanity unit with storage beneath and close coupled WC, radiator and double glazed window to the front aspect.
OUTSIDE The property benefits from a block paved driveway providing off street parking.
There are gardens to the front, side and rear with established and mature shrubs, a patio seating area and 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
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FAQ
About Kensington Grove, Torksey Lock
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