3-bedroom house · EX34 9SJ
Listing removedListed 143 days
Opportunity summary
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About
**New Park Ownership** Two-bedroom coastal holiday lodge with countryside views, private hot tub, parking, on-site pool and bar, pet-friendly setting and site fees paid until Jan 2027.
No onward chain. Property Description Experience the perfect blend of comfort and relaxation with this modern 3-bedroom lodge at Watermouth Lodges.
Beautifully presented and thoughtfully designed, Plot 25 is ideal as a holiday home, family getaway, or investment opportunity.
•2 bathrooms, including an en-suite to the master bedroom •Spa bathtub •Open-plan living, dining and kitchen area •Modern fully equipped kitchen •Private decking area •Private hot tub •Central heating throughout •Free Wi-Fi and on-site parking •Pet friendly •Fully connected utilities, ready for immediate use Added Benefits •free site fees until January 2027 •Utilities billed quarterly •Finance available through Pegasus •Part exchange considered •Open 12 months a year •Subletting permitted with excellent holiday-let potential •Turn-key property, ready to enjoy immediately 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, Free until 2027 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.
Park at reception and a sales representative will meet you in the reception area. What3words - tycoons.item.subplot
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 25, Watermouth Lodges, Watermouth Castle, Watermouth
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