£ 120,000
Added: 09/05/2025
GDV£145,000
Profit£18,400
ROCE15%
Property description
Strategy: Buy to Sell
"Off Market Lodge in Cornwall"
The market value is £145,000, with an agreed price of £120,000 for a quick sale. The property generates £44,000 in gross revenue per year as a short let, easily achieving £1,500 to £2,000 per week in the summer. Running costs are approximately £500 per month, which includes site fees and utilities.
https://www.victoryleisurehomes.co.uk/ranges/holiday-lodges/parkview
The unit is located just 10 minute walk from Lands End:
https://maps.apple.com/?address=Sennen,%20Penzance,%20TR19%207AD,%20England&auid=16984841242225810764&ll=50.068591,-5.695163&lsp=9902&q=Seaview%20Holiday%20Park&t=m
The financials:
▪ Purchase price: £120,000
▪ GDV: £145,000
▪ Purchase costs: £3,600
▪ Profit once sold: £18,400
▪ ROCE: 15%
Sourced reference: 137333433786842
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Due diligence
No information supplied.
