Summary - Penrose Penrose Seabreeze, Shorefield, Near Milford On Sea, Hampshire, SO41 SO41 0LH
2 bed 2 bath Park Home
Large south-facing deck and strong letting potential near the beach.
Built in 2017; modern, well-presented interior
A well-presented modern park home on an elevated plot at Shorefield, set for seasonal holiday use and strong rental appeal. Built in 2017, the 40' x 13' unit offers two bedrooms plus a sofa bed (6-berth), two shower rooms (one ensuite) and an open-plan living/kitchen area that opens onto a large, secluded south-facing sundeck. The position is walkable to the beach and benefits from on-site leisure facilities including pools, gym and restaurant — useful for letting and owner enjoyment.
This unit has clear income potential for short-term lets during the 11-month season and benefits from a double parking bay and generous outdoor space. The caravan is well maintained and presented in a contemporary style, making it straightforward to market to holidaymakers or use for owner breaks.
There are significant tenure and cost considerations to weigh. The site licence runs until 2038 (about 15 years remaining) and the current ground rent is £7,695 for 2024/25 — a high annual charge. Because of the limited remaining term, many mortgage lenders are likely to refuse lending against this unit, and it cannot be used as a main residence. There is a medium flood risk for the area, which may affect insurance and letting considerations.
This property suits a buyer seeking a hassle-free holiday base with letting potential and immediate income options, or an investor able to purchase with cash and manage ongoing site charges. Be clear on financing limits and future site charges before proceeding; the tenure length and ground rent materially affect long-term value and resale options.
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