Over 40 million people visit the UK each year, and in 2019 – the last ‘normal’ year – inbound visitors spent £28 billion. In 2013, a Deloitte study into tourism jobs and growth estimated that by 2025, Britain will have a tourism industry worth £257.4 billion. As you can see then, tourism in the UK is big business. And with a fantastic blend of history, culture, food, drink, heritage – even scenery – it’s no wonder tourism to the UK is so popular.
If you are one of the millions of people visiting the UK each year, perhaps you’ve considered purchasing a property here to use as a base for your travels. Perhaps you have considered a townhouse in London, or a cottage in Yorkshire. Perhaps, however, you’ve not considered purchasing a park home as your base in the UK, or perhaps you are not completely sure what a park home is exactly.
At first glance, park homes are similar to bungalows and static caravans – they’re one floor, detached, and stand on private land.
However, for it to be classed as a park home, it must be transportable in either a single piece or in two pieces. This means they are typically manufactured in a factory before being transported to the park – often making for quite the sight if you happen to see them being transported by truck on the motorway.
Technically speaking a park home is supposed to be less than 20m long, 6.8m wide, and 3.05m tall, so as you can see, they’re compact making them an ideal holiday home.
Despite a more compact size compared to a traditional brick-and-mortar building, park homes make the most of their size.
Inside, park homes tend to feature multiple bedrooms, a bathroom, a kitchen area, even central heating. If you are an individual, a couple, or even a family, you will have enough space to live while you travel.
Moreover, park homes are often affordable, depending on the specification, making them somewhat more affordable than a London flat. Additionally, a park home could be rented out when you’re not traveling to the UK, giving you an optimum return on investment – possibly even paying for the home in the long run.
Running costs too are also made affordable, as utilities are often paid for through the park owner, and there are regulations in place to ensure you aren’t overcharged.
When coupled with the money you would save overall on flight and hotel packages, from a financial perspective it would appear to make a lot of sense.
The UK boasts a lot of holiday parks in scenic countryside areas, giving you peace and tranquillity to either spend your time relaxing or serenity to unwind after a day of sightseeing, giving a more laid-back change of pace. And with it being your home, you would have more control over your surroundings, not at the mercy of hotel check-in and check-out times.
With park homes being built to strict regulations, you will still get high quality with less outlay over a traditional property. And if buying from new, it might be that you can have more influence over the exact specifications, allowing you to create an environment best suited for your needs.
And being affordable and cost-effective to run, whilst being situated in scenic, relaxing areas across the UK, perhaps it’s worth considering a park home as a holiday home.
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