Owning a holiday park property

[DayKay]

Does anyone own a caravan or lodge in a holiday park as a holiday home to rent out?
I’m just wondering how it all works.

Not a clue but interested in doing this myself

lots in the press about very high charges making them almost impossible to sell in the future. be very careful and do your research.

Dont do it if you want to earn any money from it.

Have a bit of a Google and there are literally hundreds upon hundreds of bad experiences.

My friend had a van on haven. They had nothing but problems, couldn't use the van when they needed to, things were always going missing or being broken. They didn't live nearby so had to use the haven cleaners at a cost and low standard to boot. Site fees extortionate and they only take vans under 7 years old or something like that.

Absolutely not worth the effort.

A family member had a static caravan on Haven. They were allowed a couple of weeks during high season, and then it had to be rented out if I recall correctly. However, and here's the kicker, unlike bricks and mortar which you might reasonably expect to increase in value over time, a static caravan loses value - rather like a car. Once the caravan reaches a certain age (I think 12 years?), Haven will require you to replace it with a newer model or move it off their site. So essentially it's a depreciating asset that you can only use a couple of weeks in the summer, you have ongoing costs (site fees, maintenance etc) and only the summer rental income to offset everything. I'm afraid just the "depreciating asset" bit would be enough to put me off.

If you're able to have it on another site, without the replacement restrictions, and you are able to successfully market it yourself, and engage cleaners and check in people, then maybe you can make some money on it. But not sure it would cover both the costs and the hassle.

Dont do it. Mugs game. First of all its a depreciating asset. Secondly it is parasitic upon someone elses land. That landowner will charge you maybe £3k pa or thereabouts to site it. Not only that you will have to buy gas/elec/water from the landowner at inflated prices. There may be clauses as to sale commission when you try to sell it.

Dont touch it.