4 Mill Flats, Mablethorpe
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4 Mill Flats, Mablethorpe

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We have confidence in this estimated current valuation Updated recently
£73,450
Or £477 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Feb 27, 2025
£50,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 4 Mill Flats, Mablethorpe, a cozy and compact flat type home with 1 bed in the LN12 2PF area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band A.

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £73,450 and a rental potential of £477 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Feb 27, 2025. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"The Property
***GUIDE PRICE £50 000 60 000***

# Investment property with tenant in situ.#

The property is currently rented at £450 per calendar month and so is it ready to go investment opportunity. It is also ideal for someone looking for an initial investment with the view that they could move into it themselves in the future.

This is a pleasant, economical recently renovated and ready to move into home to run.

Situated in the coastal village of Trusthorpe nestled between Mablethorpe and Sutton On Sea, giving access to both towns for all they have to off. The property is only a short stroll to the beach and sea.

Centrally heated and double glazed with the accommodation consisting of an entrance, lounge, kitchen, bedroom and bathroom.

Secure storage for bikes etc is located within the building to the rear.

LEASE INFORMATION Lease commenced 1st of December 2006 for 99 years 82 years remaining
Current Ground Rent £25 per year
Current Service Charge £295 per year payable 1st Jan

Visit purplebricks.co.uk to arrange a viewing or via the Purplebricks app.



Property ownership information

Ground rent review period No review period

Service charge review period No review period

Lease end date 01 12 2105

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller s , unless marked as draft . Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non refundable cost is £80 inc. VAT per offer. You ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

"

Property Data

Data point Compared to road
Tax band A

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £334 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Springwell Alternative Academy Mablethorpe
0.3mi
Mablethorpe Primary Academy
0.8mi
Sutton-on-Sea Community Primary School
1.7mi
Theddlethorpe Primary School
3.1mi
Nearby Stations
Skegness Station
13.2mi
Thorpe Culvert Station
14.6mi
Havenhouse Station
14.9mi
Wainfleet Station
15.6mi
Cleethorpes Station
20.0mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

🤔
New Kitchen
This could increase your home value by £15,000
🤔
New Bathroom
This could increase your home value by £5,000
🤔
Air Conditioning
This could increase your home value by £7,000
🤔
New Windows
This could increase your home value by £10,000

Cost improvements

🤔
Suggestion: Switch energy provider
Click here to view providers

Strengths

😀
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

There's even more data available!

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Frequently asked questions

  1. How much is 4 Mill Flats, Mablethorpe worth?

    4 Mill Flats, Mablethorpe is now worth £73,450 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 4 Mill Flats, Mablethorpe - click click here to get a valuation with no strings attached.

  2. What is the rental value of 4 Mill Flats, Mablethorpe?

    The current rental valuation for this property is £477 per month, within a price range of £430 and £525.

  3. How many bedrooms does 4 Mill Flats, Mablethorpe have?

    This property has 1 bedrooms. Search for nearby properties with 1 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 4 Mill Flats, Mablethorpe?

    Nearby schools in include Springwell Alternative Academy Mablethorpe, Mablethorpe Primary Academy, Sutton-on-Sea Community Primary School, Theddlethorpe Primary School,

    Nearby stations in include Skegness Station, Thorpe Culvert Station, Havenhouse Station, Wainfleet Station, Cleethorpes Station.

  5. What type of property is 4 Mill Flats, Mablethorpe

    This is a Flat property. There are 4 other Flat properties on MILL FLATS, and 8 in total.

  6. When was 4 Mill Flats, Mablethorpe built? How old is 4 Mill Flats, Mablethorpe?

    4 Mill Flats, Mablethorpe was was built between .

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Lincoln, Lincolnshire Woodhall Spa, Lincolnshire Louth, Lincolnshire Mablethorpe, Lincolnshire Alford, Lincolnshire