78 Arkley Park, Barnet Road, Barnet, Hertfordshire, EN5 3JH

Description

A vacant 1 bedroom residential park home for over 50's with secure gated entry, allocated parking spot and own garden plot. Situated on the sought after 'Arkley Park' site (over 50's), the home is presented in good condition throughout and benefits from gas central heating, double glazing, off street parking and garden.

Accommodation

Lounge - 13'5 x 9'6; Kitchen - 11'3 x 9'6; Bedroom One - 9'6 x 7'3; Bedroom Two - 6'9 x 5'3; Wet Room/WC

Location

The site is conveniently located with local shops and amenities within walking distance.

Tenure / Property Information

Investment Analysis

No completed-sale comparables, rental evidence or formal valuation are supplied. The £75,000 guide is stated plus fees and cannot support a GDV estimate. Vendor-reported site fees are approximately £270 pcm (£3,240 annually), subject to legal-pack verification.

Investment Snapshot

Strategy Recommendation

Do not bid on an investment basis until the legal pack confirms site fees, permitted occupation or letting arrangements, and all charges. Treat as a specialist park-home purchase only after independent valuation and inspection.

Works Required

No refurbishment works are evidenced; the home is described as being in good condition. Allow only for inspection, routine maintenance and any legally required works identified in the legal pack.

Rental & Market Context

Potential BRRR Position

BRRR cannot be underwritten because there is no supported GDV, rent, refurbishment budget or refinance valuation. The property is governed by the Mobile Homes Act 2013 rather than conventional freehold or leasehold tenure.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rent is supplied. Site fees of approximately £270 pcm would materially affect net income, and the legal pack should confirm letting and occupation rules.

Flip Analysis

A flip appraisal cannot be completed without completed-sale comparables, a supported resale value, refurbishment costs and selling-cost evidence.

Investor Risks & Due Diligence

• Approximately £270 pcm site fees are vendor-reported and require legal-pack verification.

• Tenure is neither freehold nor leasehold and is governed by the Mobile Homes Act 2013.

• The site is for over-50s, creating an eligibility restriction.

• Guide price is stated plus fees, but buyer premium and administration charges are not supplied.

• No reliable rent or resale-value evidence is available.

• The property is vacant, so there is no passing rental income.

Recommendation

Do not bid on an investment basis until the legal pack confirms site fees, permitted occupation or letting arrangements, and all charges. Treat as a specialist park-home purchase only after independent valuation and inspection.

Strategy Rating

Analysis Confidence

Only the guide price, description, occupancy, tenure framework and vendor-reported site fees are supplied; there are no comparable sales, rental evidence, EPC, formal costs or valuation.