1-bedroom bungalow · EX34 9SJ
Listing removedListed 104 days
Opportunity summary
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About
**New Park Ownership** One-bedroom coastal holiday lodge with sea views, private decking, parking, on-site pool and bar, pet-friendly setting, and site fees paid until January 2027. No onward chain.
Property Description Under New Ownership – Site Fees Included Until January 2027 Set within the stunning grounds of Watermouth Castle, this one-bedroom holiday lodge which presents an excellent opportunity to secure a coastal getaway or holiday-let investment in a highly sought-after North Devon location.
Offered with no onward chain and dynamic outlets for use, the property provides an easy and attractive purchase opportunity. Finance options are also available in partnership with Pegasus.
The accommodation comprises a bright open-plan lounge, dining, kitchen area with a range of wall and base units and space for white goods.
There is a large light bedroom with a 4 piece en-suite including large bath, shower cubicle, W/C and hand basin.
Externally, the property benefits from parking for one/two vehicles and a pet-friendly setting with decking space to the front aspect with fantastic far reaching sea views, making it particularly appealing to holidaymakers and investors alike.
Residents and guests can also enjoy a range of on-site facilities including a swimming pool, restaurant and bar.
Ideally situated close to beautiful beaches, coastal walks and popular North Devon attractions, this charming lodge offers superb potential as both a personal holiday retreat and an income-generating investment.
Agent Notes - New License agreement (extendable subject to t&c's). - The park is open 12 months of the year.
- Service charge/Ground Rent - £4950 annually (includes water and sewage), includes use of all site facilities Directions From our offices proceed along Portland Street, then Hillsborough Road until the road becomes the A399 (eastbound).
Carry on along this road through Hele Bay. Around 2 miles outside of Hele you will see Watermouth Castle appear on your right hand side, .
Turn right into the castle grounds and follow the road round to the left of the castle where you will find the holiday lodge site.
For this lodge take the middle road where it will be found immediately on your left hand side. What3words - woes.shirts.stolen
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
Agent & docs
FAQ
About 16, Watermouth Lodges, Watermouth Castle, Watermouth
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