Savills | Bungalow Park Home Estate, Holders Road, Amesbury, Salisbury | Properties for sale
3.83 Ac(1.55 Ha)
Guide price £2,500,000

Bungalow Park Home EstateHolders Road, Amesbury, Salisbury

  • Under offer

Key features

  • Capacity for 71 mobile home pitches
  • 61 pitches currently occupied - 45 double and 16 single units
  • 6 vacant plots - 2 double and 4 single
  • Space for 4 additional homes (subject to planning and site licence conditions)
  • 2 semi-detached one-bedroom residential units
  • Block of 7 garages
  • Rental income of £118,272.12 pa from pitches currently occupied
  • Rental income from garages of £1,586.16 pa

Bungalow Park Home Estate is an attractive and well maintained residential park home estate with potential for further development.

About this property

  • Bungalow Park has been in the ownership of the vendor's family for 12 years and has been owned personally by the vendor since 2017. The family acquired the park in 2007 since when they have continued to improve and maintain it to a high standard. The site is served by tarmac surfaced driveways which lead around the park to all of the mobile homes, except three which are accessed directly from Holders Road. These three plots offer potential for development as residential building plots, subject to planning permission. In addition it may be possible to develop three further plots on land currently occupied by seven garages and an area of grass in the centre of the park. The two semi-detached one-bedroom residential units are presently laid out as one residential property which is currently vacant and in need of refurbishment. In addition there is a small site office. Car parking is adjacent to each pitch, with a central car parking area mainly reserved for visitors. Since preparing the sale particulars we have been advised by our client that Wiltshire Council will be issuing a new site licence which will remove the maximum number of homes permitted on the site, which the current site licence states to be 70, provided that any additional homes meet the site licence in terms of spacing. There will therefore be space for four additional homes on the site, subject to planning and site licence conditions, which will bring the total number of plots to 71.

Local information

  • Bungalow Park is located in the town of Amesbury, which is situated to the south of Salisbury Plain at the intersection of the A303 trunk road and the A345 Salisbury to Marlborough Road, in Wiltshire. The property has good transport links to the A303 which is situated approximately one mile to the north and connects the M3 to the A30 in Devon. The park is accessed via Holders Road, an adopted highway, with the majority of roads around the property being privately owned.
  • Amesbury has a population of circa 10,724 (2011 Census) and is a popular retirement location with approximately 17.65% of the population being over the age of 60. The town centre, which is approximately 0.6 miles from Bungalow Park, provides an excellent range of retail and service outlets, and a Tesco supermarket has been developed on London Road, which is situated close to the park at the end of Holders Road.

Additional information

  • The business generates income mainly from pitch fees, with additional income from the letting of the seven garages and sale commissions on the sale price of any park home sold on the site by an existing park home owner.