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Cheap beach-side homes around £2000?

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Comments

  • 999mph
    999mph Posts: 94 Forumite
    I saw a few of these sold on ebay without a lease. Basically the only requirement is that you pay for any maintenance. And this is anywhere between £1400 - £4000
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It's the yearly fees that stop me buying a holiday home. Most sites seem to work out at about £3000/year. Where I live, such chalets/homes are more like £50-120k (prices down by about 30% in the last couple of years for the obvious reasons).

    Usually the RM adverts (and all adverts) don't tell you what the fees are until you enquire, which is annoying because at those prices you know you have to be able to guarantee that you can pull that much out of your pocket yearly .... it's a lot when you look at it like that.

    Jaywick used to be one place that always had cheap shacks ..... it's like a shanty town down there these days though as people have moved into them. They're now about £30-40k http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=REGION^13647&insId=1&sortByPriceDescending=false&maxPrice=50000&includeSSTC=true&_includeSSTC=on

    Certainly the east coast and south coast are inundated with these places ... quite cheap. I've been looking at them and thinking "lucky bugg4hs to live close enough to those that it'd be worthwhile".

    My betting is that the marketing material the OP can't find was actually hiding the fact they'd be buying into a timeshare. £2k is way too cheap for such a beast anywhere.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    This one's £8k (plus the yearly fees they don't mention): http://www.rightmove.co.uk/property-for-sale/property-14240061.html

    There's another one on that site for sale at £7k + 15% to the park. When you sell these things there is a fee to pay the site owner, so I'd imagine that on that one they want the buyer to pay that to the park too.
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