New Listing

Devon

3893/Exeter

£600,000 Freehold

Newly developed Holiday Lodge Park with full 12 month use set in picturesque countryside close to the cathedral city of Exeter and the East Devon coastline

  • On 2 acres (approx.)
  • Extant Planning Permission for 12 Holiday Lodges (12 months use)
  • Unrestricted holiday use throughout the year
  • 12 developed bases inclusive of 1 Show Home sited
  • 11 occupied Homes on holiday licences
  • Rent roll £32,120 p.a. (from January 2019) – 11 fee-paying
  • Projected rent roll at full capacity £35,000 p.a. approx
  • Low overheads and high margin assignment commissions at 15% per unit
  • Simple low maintenance investment