Initial price	£40,000
08/06/24	£38,000
Price Change	-5.00%

The property in question is a leasehold chalet situated in a picturesque woodland setting in Norton Park, on the outskirts of Dartmouth. It offers a south-facing orientation with new pedestrian access, ample parking, and is well-suited for outdoor dining. The chalet features UPVC double glazing and has been successfully operated as a holiday let, with potential for seasonal worker accommodation or as a home and income opportunity. The current lease has approximately 60 years remaining from a 99-year lease, with a Management Company, Aspect Surveyors Limited, overseeing the site and management fees of £196.00 per quarter. The property is currently achieving 100% occupancy with nightly rates set at £99.00, and there is no legal requirement for an EPC. Heating is provided by panel heaters throughout. It is noted that completion is required after 31st July 2024. This property presents an attractive investment opportunity without an onward chain.