Park Hall Resort Cottages Chorley
Nestled amidst 140 acres of picturesque countryside and expansive green forests, Park Hall Resort emerges as a premier destination, once the abode of a Benedictine monastery dating back to 669 AD. With an array of top-tier amenities such as banqueting suites, an upcoming newly refurbished Spa and Fitness Centre, a 140-bedroom hotel, 55 independent cottages, and even its own nightclub, the resort offers a diverse range of activities.
About Park Hall Resort Cottages
The unforeseen closure of the resort in 2022 led to a change in management, heralding a revival marked by an ongoing multi-million pound refurbishment. Under the guidance of new proprietors, the resort is positioned for a remarkable resurgence, with ambitious plans to rejuvenate the establishment and establish it as a premier holiday destination in the region.
An appealing opportunity has emerged, enabling the resort owners to raise finance to reinvest in the resort: the acquisition of a freehold cottage within the resort, starting from just £89,950. All cottages are slated for refurbishment, ensuring investors acquire a freshly renovated freehold cottage. Additionally, investors will benefit from a rental assurance of 10% fixed for 5 years, with buyback options in year 3 and year 5 at 105% and 110% respectively. Investors are also granted the opportunity to spend up to 2 weeks in their chosen cottage without affecting their assured income.
10% NET Rental Return
High Demand Short-term Rentals
Key Regeneration Area
Excellent Ownership Perks
Key Facts
Why Lancashire
As the landscape of travel and leisure evolves, the proprietors are shifting their focus to transform this space into a vibrant holiday resort, aligning with the growing trend of staycations. Positioned strategically and equipped with a range of facilities, the resort emerges as an ideal destination for families seeking short breaks, offering a diverse array of activities and comforts for an unforgettable stay.
The furnished holiday let market in the UK stands as a dynamic sector within the real estate industry. With the surge in staycations and the growing preference for experiential travel, furnished holiday lets have become an enticing investment avenue for investors aiming to diversify their portfolios and boost cash flow.
The demand for high-quality holiday accommodations in popular UK tourist destinations has witnessed a notable increase. Travellers now seek unique, home-like experiences during their vacations. These properties often yield attractive rental incomes, surpassing those of traditional buy-to-let properties. Moreover, they hold potential for capital appreciation owing to their appeal among holidaymakers.
