Summary - 42 Valley Lodges, Honicombe Park, Road From Latchley Plain To Norris Green, ST ANNS CHAPEL PL17 8JW
2 bed 1 bath Terraced
Turnkey holiday let with balcony views and long lease, ideal for rental investors.
- Fully furnished two-bedroom holiday let, ready to rent
- Long lease: 964 years remaining (leasehold)
- Annual site fees approx £2,500; optional leisure fee c.£1,500
- Southeast-facing balcony with countryside views
- Off-street residents’ parking with multiple spaces
- EPC rated E; electric boiler heating may raise running costs
- Medium flood risk for the site — assess insurance costs
- Restrictions on front/rear use without landlord permission
A turnkey two-bedroom holiday lodge on Honicombe Park, offered fully furnished and equipped for immediate letting. The first-floor open-plan living space opens onto a southeast-facing balcony with countryside views, while two carpeted bedrooms and a bathroom sit on the ground floor. The property benefits from off-street resident parking and mains services.
This is primarily an investment proposition: the park is well-known locally and attracts holiday visitors to the Tamar Valley and nearby attractions. The lease is extremely long (964 years remaining) so lease duration is not a concern, and the property’s furnished presentation reduces downtime between bookings.
Running costs and site levies are material to net income. Annual site fees are approximately £2,500 and there is an optional leisure-centre fee of around £1,500. The EPC rating is E and main heating is electric (boiler and radiators), which may affect energy bills and appeal to some guests. The site operator’s rules restrict front/rear space use unless a designated storage cupboard is installed with landlord permission.
Practical points to note for buyers: the home sits in a semi-rural holiday park with medium flood risk and average-sized accommodation (circa 745 sq ft). Double glazing was installed before 2002 and the construction is timber-frame as built. These factors, together with service charges and energy rating, should be assessed when modelling rental yield and long-term maintenance budgets.
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