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Guide Price £60,000 £70,000 fees . For Sale by National Timed Auction, bidding opens 12 05 25 at 13 00pm and closes 24 hours later. Three Double Bedroom detached holiday lodge with hot tub. Full legal pack available to download via our website.
Detached Holiday Home
Situated within the popular holiday park of Honicombe Park, is this well presented three double bedroom detached lodge with a hot tub. There is the added benefit of on site facilities including a public house restaurant, site reception, tennis court, gym, an indoor and outdoor heated pool, playgrounds, maintained grounds and on site shop.
ACTIONEERS NOTE Please note, the property is subject to a holiday home restriction and cannot be used as a primary residence. Further information can be found in the legal pack. We have been advised that only a limited number of Lodges on the site have been permitted to install hot tubs, which enhances the letting appeal of this Lodge considerably, particularly outside of the peak seasons.
We are informed by the current seller that in the tax year 2023 24, the property generated a gross income after booking agent fees of approx. 24% deducted of approximately £19,000. The occupancy in recent years has typically ranged from 29 to 36 weeks per year. The property is let for between £525 per week in low season and up to £1795 per week in high season. The current seller advertises on the Cottages.com and Airbnb platforms. There is potential to increase income by allowing more flexibility with check in days, and shorter stays, or by using alternative agents or self advertising.
The current seller also informs us they currently have an external cleaning contract and linen change which is approximately £130 per change over. They have also stated that electricity typically costs approximately £70 to £170 per month. We are also informed that the site fees for 2024 for the ground rent, maintenance fees, and insurance were approximately £3,757. The 2025 figures are estimated at £3,888.
ACCOMMODATION GROUND FLOOR
Entrance Hallway
Double Bedroom
Double Bedroom
Double Bedroom
Bathroom
Shower Room
Sun Deck
First Floor
Sitting Dining Room
Kitchen
Balcony
FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements when available are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.
VIEWINGS Please telephone Auction House South West on to request a viewing.
NOTICE TO BIDDER Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Tenure Leasehold
Lease Details 999 years from 1 April 1988
EPC Rating F37
Administration Fee £1200 inc VAT payable on exchange of contracts.
Buyer s Premium Fee £300 inc VAT payable on exchange of contracts.
Disbursements Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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