Land

Crofts Estate Agents are offering a unique opportunity to design and build a holiday chalet on the famous Humberston Fitties. The lease on the plot can be purchased free from Stamp Duty Land Tax, and services such as electricity, drainage, and water will be provided by the freeholder, Tingdene Holiday Parks Limited, with no additional cost to the buyer. The buyer can either apply for planning permission to construct a chalet that complies with the Humberston Fitties Chalet Design Guide or benefit from the Caravan Site Licence, which allows for the placement of a caravan on the plot without the need for further planning consent. The buyer will be responsible for applying for planning permission and paying ground rents, which are delayed until the properties are built out or the start of 2024, whichever is earliest. The plot is a one-off opportunity for investors to maximize their returns, with a potential return on investment of up to 45% per annum through short-term holiday lets.