Gavros 4:43 Fri May 5
Owning & renting out a static caravan
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You alright im a pikey bla bla bla
Just looking into the financial viability of buying and renting out. A good quality big second hand caravan costs about £25,000 but can pick up up to £15,000 a year in rental fees. Taking into account all fees and other costs, that's upto £7000 net which is a tidy 28% net.
Anyone do this?
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Replies - In Chronological Order ( Show Newest Messages First)
Northern Sold
4:52 Fri May 5
Re: Owning & renting out a static caravan
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Please just give up....
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Athletico Easthamico
4:56 Fri May 5
Re: Owning & renting out a static caravan
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Stick in the vast Langdon playing fields on the outskirts of Newham. Ha ha ha!!!!
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Gavros
4:57 Fri May 5
Re: Owning & renting out a static caravan
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make your own humour, athleticunt?
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Athletico Easthamico
4:59 Fri May 5
Re: Owning & renting out a static caravan
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Have I touched a nerve out of towner???
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Gavros
5:05 Fri May 5
Re: Owning & renting out a static caravan
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where in east ham are you from then, cunt?
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13 Brentford Rd
5:06 Fri May 5
Re: Owning & renting out a static caravan
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15k PA, you sure? You also have to pay rent to keep it there I think.
Personally I wouldn’t bother as they need a fair bit of maintenance and I doubt you’ll clear anything like 15k.
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Northern Sold
5:07 Fri May 5
Re: Owning & renting out a static caravan
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Gav's Gone.... PWOPA GONE
Cart him off to Barley Lane and keep us all safe....
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Gavros
5:08 Fri May 5
Re: Owning & renting out a static caravan
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asm i said 13, the net is about 7k if fully let. Even assuming its let half of the time brings in a net of 14%
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Athletico Easthamico
5:10 Fri May 5
Re: Owning & renting out a static caravan
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Ha ha ha!!
Gavros getting all wound up, the man who says people take things far too seriously on here.
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Athletico Easthamico
5:12 Fri May 5
Re: Owning & renting out a static caravan
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Is there a discount for hipsters?
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Gavros
5:13 Fri May 5
Re: Owning & renting out a static caravan
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yes hipsters get 10% off for being cool.
people from essex are banned.
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13 Brentford Rd
5:14 Fri May 5
Re: Owning & renting out a static caravan
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Ah yes you did. So 7k is still dependant on it being fully let. For 3.5k PA it’s risky I’d say as issues with them can become expensive.
Each to their own I suppose.
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BubblesCyprus
5:29 Fri May 5
Re: Owning & renting out a static caravan
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Mrs BC worked in our own Travel business out here if you are relying on Holiday Lets don't do it IMO The turnarounds every 2 weeks the cleaning Bills alone took most of any profit plus other nightmares.If you can get that level of Rental Income on a long term let with half decent tenants seems OK. People on Holiday do not look after rented accomodation is my 15/20 years of experience.Worst were those making a reservation for a young couple who regularly brought 2 or 3 other couples with them. Could right a book on the subject of the disasters we had sadly with mainly British Tourists.
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BRANDED
5:43 Fri May 5
Re: Owning & renting out a static caravan
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If you have a caravan on a park you are essentially in competition with a fuck load of other caravans all vying for the same business. Same with most kinds of park type accomodation.
On the other hand if you wanted to live in it cheaply, as millions are now doing, its a fucking beaut. Cheap an usually somewhere really nice. Well its as nice as the place you put it or buy but there are loads of great places.
Best of both worlds is live in it most of the time and rent at peak time which should make you enough to cover all costs.
There are a lot of not so stupid pikey people out there.
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Takashi Miike
5:45 Fri May 5
Re: Owning & renting out a static caravan
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schizo corner
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Private Dancer
6:06 Fri May 5
Re: Owning & renting out a static caravan
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Please just go away, you are destroying this site. A cunt like you can make a man lose the will to live. Please, just fuck off.
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goose
6:09 Fri May 5
Re: Owning & renting out a static caravan
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Gavvy why dont you rent one instead? i hear thats much more finicially adventageous than buying one.
a common theme on this site.
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Gavros
6:09 Fri May 5
Re: Owning & renting out a static caravan
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Private Dancer 6:06 Fri May 5
Die you cunt.
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joe royal
8:21 Fri May 5
Re: Owning & renting out a static caravan
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Minimum of 300 a month site fees
Cleaning bills
If one renter moves out sat am can you get the door/window/locks fixed by 3pm?
Buy one by all means and rent it out but don't expect to make any money on it .
Some sites insist that it's less than ten years old , I doubt if a disposal is going to be cheap , looking at a minimum of 400 just for a truck and driver.
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Mr John
8:33 Fri May 5
Re: Owning & renting out a static caravan
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I have a young family and we often do The Sun holidays, 2 or 3 times a year go for a long weekend away and really enjoy it.
I can't see that financially it really adds up though. £15k if its fully booked through the season, but I would guess you'd do well with 70% occupation and £15k gives an average of £375 per week (if divided over 40 weeks) and we certainly do not pay that much when we go, although i'm sure the peak season charges are higher.
Site fees are what, £4k or £5k a year, then if it's been rented through the site, they'll take a further chunky slice of the income for dealing with the rental side, and then there's also I bet another fee for managing the caravan (i.e. arranging repairs/cleaning etc).
You've also then got the gas and electric bills (and we go for it when we're using one). Then you've got the insurance, don't know if there's council tax or rates.
The last trip we did a month or so ago the boiler was leaking, it got fixed but the bloke who fixed it said it was an expensive job.
I suspect it will be more hassle than its worth, especially if it's far away from where you live. Personally i'd buy £25k worth of Lloyds shares or something if I had the money.
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