Can you live permanently in a residential park home?
Yes. Park homes on licensed residential sites are built for permanent residency, and you’ll also pay council tax just like you would in a traditional house.
Is buying a residential park home by the sea a good idea?
For many, absolutely. They’re more affordable than many coastal properties, have lower running costs, and offer a ready-made community, particularly attractive to retirees and those aged 45+.
What are the downsides of a park home?
Unlike traditional houses, park homes usually depreciate in value, so they’re not a typical investment property. They’re best seen as a lifestyle choice, not a financial one, although they may help you free up capital from an existing property sale.
For anyone seeking an affordable home by the coast, residential park homes provide a unique opportunity: the freedom of permanent seaside living, without the high price tag of a traditional coastal property.