Knight Knox International Ltd

Knight Knox International Ltd
4a Worsley Road, Worsley, Manchester, M28 2NL

http://www.knightknox.com
House / Home - For Sale - Devon, United Kingdom
Enquire On This Property
Ref: mcpuk3 From £105,000
   
 
Devon, United Kingdom
  • 8% increasing rental guarantee for 3 years
  • 75% LTV finance available
  • 6 weeks personal use
  • Beautiful location with panoramic sea views
  • Type: 0 bedroom Chalet

    “The only property sector set to perform throughout the recession"

    The Holiday park is situated in North Devon, between the costal resorts of Woolacombe and Ilfracombe.

    There has never been a more perfect time to invest in the booming UK holiday lodge sector, with bookings reportedly up by 143% from 2008 and still expecting to rise further throughout the year. The UK holiday industry is set for its largest growth in history.

    With lodge owners recouping generous returns and taking advantage of substantial tax benefits it is not difficult to see why lodge developers are seeing greater demand from investors than the traditional customer looking to purchase a holiday home simply for their own use.

    The Lodges

    All of the Lodges are built to the highest possible specification, each beautifully designed and carefully hand crafted with a particular emphasis on style and comfort. They are all purchased on a 125 year lease which is very rare in the holiday lodges sector as many parks only offer licence agreements, some as small as 15 years.

    The specification includes:

    * UPVC Double Glazing
    * Gas Central heating
    * En-suite bathrooms with 950 x 950mm showers
    * Luxury kitchens including appliances, microwave, oven, fridge-freezer,
    * Carpet throughout
    * Built in wardrobes
    * Full furniture package
    * External decking/balcony

    There are three styles of lodge available at the park:

    Mini-Lodge

    The mini lodges have been designed and built to the same quality standard as the full size lodges. They are excellent for small families and couples visiting the area and have also proven popular with surfers due the park’s excellent location next to some of the best beaches in the country. They have been specifically designed to maximise the space within the lodge and still feel luxurious providing everything guests would expect.

    The mini-lodge comes in two sizes, 37ft x 14ft, and 40ft x 14ft

    Luxury Lodge

    With a choice of either a two or three bedroom lodge it really is up to the owner if they prefer the extra space of only having two bedrooms or the practicality of having three. The net floor area is the same but as the lodges are hand crafted owners have the choice to choose either option. The rental guarantee is not affected by this and yields remain the same for both types of lodge.

    The luxury lodge is available in three sizes, 32ft, 36ft, and 40ft (all 20ft wide).

    VIP Lodge

    The VIP lodges are the most prestigious lodges available at the Holiday Lodge development and at over 80m2 they are more spacious than most 3 bedroom apartments. The specification is excellent with improved furniture and appliances and the extended outdoor decking has a luxury hot tub that is sunk into the decking.

    The VIP lodge is available in one size, 40ft x 20ft

    Rental Guarantee Programme

    All of the lodge owners at Holiday Lodge can enter into a unique rental scheme that guarantees an increasing rental return in the first three years of operation, whilst allowing the owner 4 weeks free usage during off peak periods.

    In normal practise rental guarantees are paid either quarterly or annually in arrears. This isn’t practical and leaves owners with extra funds to find upon completion and with this in mind the developer has agreed to pay the guarantee quarterly in advance. This will give owners peace of mind knowing that their mortgage payments will be covered from day one and eliminate the need of paying the mortgage for the first three months.

    Year 1 6% NET per annum

    Year 2 7% NET per annum

    Year 3 8 NET per annum

    Holiday lodges have been providing excellent returns for investors for years, however have not received the exposure they deserve due to an influx of investors buying overseas.

    The rental guarantee programme has been staggered for a specific reason and that is to increase the value of the lodges every year by increasing the income yield they produce. As a result of the lodge receiving more income every year it should in turn increase the value providing owners with the confidence that even in the current economic climate their investment is growing in value.

    Please contact us for a full information pack.



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