2-bedroom bungalow · LE14 3TL
For saleListed 133 days
Opportunity summary
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About
A stunning Lakeside Park Holiday Lodge offering 365 days a year holiday licence on a remaining 93 year renewable lease.
This unique concept offers a development of 50 plus properties, the property offering a substantial detached timber constructed lodge with full underfloor heating, fully insulated throughout with a wood burning stove to the living area.
The property is accessed via a wraparound veranda with magnificent open-plan living/dining kitchen with two French doors onto front veranda with balustrades.
There is an inner hallway which leads to a utility room, luxury master bedroom with en-suite bathroom and a French doors onto the rear veranda with balustrade.
There is a second double bedroom and a separate shower room. Outside are two driveways with off street parking connecting surrounding gardens for ease of maintenance with outside lighting.
The lodge was constructed 6 years ago for the current vendors occupation to a bespoke and exact specification with a contemporary luxury finish.
This property would be ideally suited to those looking for an easy reach holiday lodge with an instant escape from the hustle and bustle of the modern world, also having the added advantage of being able to let the property on an Airbnb style basis and could potentially obtain income in excess of £30,000 per annum.
Frisby Lakes Lodge Park is an exclusive luxury holiday park development set in approximately 110 acres of stunning countryside with a number of picturesque lakes and beautiful walkways ambling through the site.
The park is a haven for wildlife and is securely electronically gated with driveway access leading to off road parking for at least two vehicles.
Location Asfordby is a particularly well serviced village offering an excellent range of local shopping, primary school and public house.
The village is particularly well situated with fast access to Melton Mowbray, Loughborough and Leicester.
The A46 just to the North allows access to Newark and Lincoln, the North West Leicester bypass at Leicester providing fast access to the M1.
Entrance Entered via a wraparound veranda with steps from the side with further open veranda with tongue and groove floor boarding and vaulted ceiling with spotlights.
The lodge is entered via a composite double glazed front door into: Open-plan Living/Dining Kitchen With a living and dining area, two triple glazed French doors to the front veranda area, obscure triple glazed windows from the living area and triple glazed windows from the kitchen and dining area.
There is a pine clad vaulted ceiling with spotlighting, two roof windows, freestanding wood burning stove on a granite base.
The quality fitted kitchen has a range of base cupboards and drawers, single sink and drainer with mixer tap and a hot boiling water tap, granite effect work surfaces, induction hob, oven and microwave, integrated fridge/freezer, central island with feature lighting over, pull-out drawers and cupboards and end breakfast bar.
A square archway leads into: Inner Hall Leading to: Utility Room With a wall mounted boiler, controls for the underfloor heating, worktop, plumbing for washing machine, vaulted ceiling with spotlighting and shelving unit over.
Bedroom One A double bedroom with a vaulted ceiling with spotlighting, triple glazed windows to the side, built-in wardrobe with shelving, obscure triple glazed French door leading to further veranda with tongue and groove floorboarding and surrounding balustrade.
Archway through into: En-suite Bathroom With a freestanding bath, central chrome mixer taps and telephone shower, vanity wash hand basin with mixer taps, mirrored cabinet over, low level WC with dual flush, double shower with roller doors, wall mounted shower with built-in shelving.
Heated chrome towel rail, vaulted ceiling with spotlighting and obscure triple glazed window to the side with blind.
Shower Room Having a shower with roller doors and wall mounted shower with built-in shelving, vanity wash hand basin with mixer taps and mirror over, low level WC with dual flush, obscure triple glazed side window, heated chrome towel rail, vaulted ceilings with extractor fan and spotlighting.
Bedroom Two Having a triple glazed window to the front, vaulted ceiling with spotlighting and single wardrobe.
Outside There is lawned gardens, two gravel driveways for car standing and Sylvian tree lined rear boundary.
Services & Miscellaneous Within the community, residents can enjoy a range of leisure facilities including swimming, paddle boarding and canoeing.
Fishing is available free of charge within the lakes, and a sauna is currently under construction.
The on-site café is open from 10am–3pm on weekdays (excluding Tuesdays) and from 9am–5pm at weekends, with residents benefiting from a 15% discount.
Please note that the properties are available exclusively to purchasers aged 45 and over.
Owners are permitted to stay in the property for 12 months of the year and, uniquely, three of the lodges within the development - including this particular lodge - may also be let on an Airbnb-style basis or similar.
Subject to occupancy levels, this could potentially generate an income in excess of £30,000 per annum, representing a possible return on investment of over 10%.
As these are Lodge Park residences, there is no Council Tax or Stamp Duty payable. We understand that the property is connected to mains gas, (truncated)
Value & comps
No previous sales on record.
Returns
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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 Hoby Road, Asfordby, Melton Mowbray
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