2-bedroom property · TA23 0JR
For saleListed 1 day
Opportunity summary
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About
2022 Victory Lakewood Lodge (42' x 13') with 2 bedrooms, 2 shower rooms, spacious open plan living space, large decking with sea views, and a private garden.
Site open 12 months of the year!Benefitting from double glazing and central heating, the park home comprises, in brief - entrance area, open plan kitchen/dining/sitting room, master bedroom with ensuite shower room and walk in wardrobe, twin bedroom, and further shower room.
Externally there is a large area of decking to the front and side, with sea views. The garden lies to the rear and has been laid to lawn with mature borders and flower beds.
An additional area of woodland has been fences off to the rear and can be used and further developed by a new owner if they so wish.Site fees and other costs - £4676.69 (total 2026 fees).
There are broken down as follows: Site fees - £3522.79 Water & Sewage - £247.78 Gas safety Check - £60.00 Washing Machine - £66.66Warren Bay is open for 12 months of the year.
The site is perfectly positioned between the historic harbour town of Watchet with its artisan quayside and interesting shops and the promenade of Blue Anchor with it sand and pebble beach both benefiting from a halt on the West Somerset Steam railway.In addition the site benefits from its own private beach, accessed via a wooded lane ideal for fossil hunting and rock pooling.The development is well served by a shop with a range of groceries, laundry and children's play area.
Value & comps
No previous sales on record.
Returns
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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 Warren Bay, Watchet
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