Anyone had experience of holiday lodges?
Property Investment

Peter HUMPHREY

1 Thanks

4 Posts

5 years ago

I am looking to diversify into a holiday let as the BTL market is becoming so awkward.

Has anyone any experience of holiday letting wooden lodges? I've seen a new development in a place I know to be viable, which has a few units complete and let via Hoseasons- so I can estimate income. Net return appears to be appx. 11% (bought outright), which means I need 15 years out of the thing to be worth tying the money up rather than banking it...Is that optimistic for a glorified shed?

My worry is the lifetime in constant use of the F&F, and the likely (lack of) resale value if I change my mind

Thoughts? (Horror stories welcome)

Peter

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.

Join Today

Have you forgotten your password?

Anyone had experience of holiday lodges?Property Investment

Please Login

Anyone had experience of holiday lodges?
Property Investment