Initial price	£225,000
15/05/24	£210,000
Price Change	-6.67%

This holiday home is situated on the edge of Golden Bay Holiday Park, offering stunning ocean views from its balcony and multiple roof light windows. The property features three double bedrooms, including one en-suite, as well as a bathroom, utility room, and open-plan living room with a fitted kitchen. With a 113-year lease ending in 2135, the property is expected to generate gross rental income of over £20,000 per annum. The property is available for 12-month holiday use only and cannot be used as a permanent residence. The annual maintenance charge is £1,500 plus VAT, and the ground rent is £2,899 plus VAT, with buildings insurance estimated at £480 per year.