Summary - HONICOMBE MANOR HOLIDAY PARK, ROAD FROM LATCHLEY PLAIN TO NORRIS GREEN PL17 8JW
3 bed 1 bath Bungalow
Low-cost holiday-park home with garden and parking, ideal for investors or downsizers.
Three double bedrooms in compact single-storey accommodation
Set on a well-regarded holiday park in the Tamar Valley, this single-storey bungalow offers straightforward, low-maintenance living with south-facing views over parkland and the river beyond. The compact footprint (about 746 sq ft) includes three bedrooms, an open-plan living/kitchen area, a bathroom and separate WC — suitable for a holiday let, a countryside retreat, or downsizers seeking single-floor accommodation.
The property is being sold chain free via the Modern Method of Auction. Buyers should note this sale route requires a non-refundable Reservation Fee of 4.5% of the purchase price (minimum £6,600 inc. VAT) and the viewing of a Buyer Information Pack; the pack fee and reservation terms apply. The bungalow is leasehold (961 years remaining) and a service charge is recorded at approximately £3,094 per year.
Externally the bungalow benefits from a sunny garden, patio seating and convenient off-street parking. The exterior and some internal elements appear dated but well maintained, offering scope for cosmetic modernisation to add value for a private owner or investor. Broadband speeds are fast and the location is in a very low-crime, rural hamlet setting with good access to nearby towns and park amenities such as a pool, restaurant and leisure facilities.
Major positives are the long lease, low purchase price and holiday-park location with tenant demand potential. Important practical drawbacks are the leasehold status, annual service charge, and the auction sale costs and conditions — factor these into affordability and rental-yield calculations before bidding.
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