Devizes Marina Village Lodges, Devizes, Wiltshire

£125,000

Guide price

  • Bedrooms: 2
**IDEAL SECOND HOME** GREAT RENTAL OPPORTUNITY** VIEWS OVER THE MARINA** NO CHAIN A wonderful waterside holiday home fully equipped and beautifully appointed overlooking Devizes Marina Village and the Kennet and Avon Canal. This luxury lodge is ready to use and is one of only 8 contemporary lodges at the exclusive Devizes Marina Village, all built and and finished to a high specification by Lynx Lodges. Lodge 3 is 'The Tiger' design (40ft x 20ft) and overlooks The Marina. Internally there is an open plan living area with a well equipped kitchen, two double bedrooms with wardrobes and en suites. Outside is a wonderful decked terrace from which you can take in the views. A hot tub is also included within a private enclosed area to the rear of the lodge. Allocated parking for two cars. Three further designs of Lodges are available on the 2 remaining plots at Devizes Marina Village, three siding on to the Marina and two are alongside the canal with far reaching views. Please call for further details and prices. Cash buyers.

How It Works

Devizes Marina Village has 8 luxury lodges, four lodges can be purchased on a Buy To Let basis and with the added bonus that you can holiday in your home annually as well. The Holiday Buy To Let market is growing rapidly and this is a hassle free way of seeing a healthy return on your investment.

Devizes Marina Village has previously used Hoseasons, the largest Lodge Rental company in the UK to let out the lodges. In 2019 the lodge made over £15,500 in rental income which would equate to a 12% yield based on the current asking price of £125,000. Alternative options are use as an Air B'n'B or through a private rental under a booking.com model. Also it would make a perfect second home!

50 Year Lease

Fixed Ground Rent for 3 years

All furniture and fixture and fittings are included in purchase price

Decking & Hot Tub included

N.B please note you can not use this as your primary residence.

Directions

Proceed out of Devizes on the A361 London Road, past the Police Headquarters, then continue straight over the first roundabout and at the second roundabout by B&Q store turn right on to Hambleton Ave then left on to Naughton Avenue. Turn right at the roundabout and then left hand in to The Marina. Devizes Marina Village is accessed through the electric gates by the café.

Situation

Devizes Marina Village is located on the edge of Devizes, adjacent to the famous Kennet and Avon Canal and within easy access of the local villages of Bishops Cannings, Coat and Stert. On site there is an excellent public house called The Hourglass and a bustling café serving a delicious range of hot and cold food and drinks. The historic market town of Devizes has many amenities including town centre shopping, a leisure centre, schools for all ages, various supermarkets, a variety of shops, cinema, theatre and thriving weekly market. The historic Kennet & Avon Canal runs through the town providing fishing and walking facilities. The major centres of Bath, Salisbury, Swindon, Marlborough and Chippenham are all within a 30 mile radius.

Externally

Parking

Two parking spaces.

Decking & Hot Tub

Decked sun terrace and hot tub. Storage area underneath the lodge.

Property Information

Mains electricity, water and drainage.

LPG heating.

Tenure is leasehold- Ground Rent is £3,500 p.a with a new 50 year lease.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representations of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only.

Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Arrange viewing 01380 698006

Strakers - Devizes

6 - 7 Market Place, Devizes, Wiltshire, SN10 1HT

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