I bought a hoarder’s old 3-bed mobile home for £626 – trolls say it’s ‘nice for a homeless person’ but it’s a goldmine
A SAVVY investor showed her followers the latest property she was planning to flip.
The TikToker explained that she purchased a rundown mobile home for just £626.
In her viral video, the woman gave her audience a virtual tour of the space.
The US-based investor revealed that she spent $800 (£626) on the double-wide mobile home.
She began with the exterior of the home, which included a small cluttered wooden porch.
Walking in the front door, she panned the camera around the spacious living area.
The area was covered in old furniture and rubbish from the previous tenant.
However, the TikToker explained her vision for the space.
“Excuse the mess, the last owner was a hoarder and to a regular person, this place is a hot mess and a piece of garbage but to an investor, this is a goldmine,” she said.
Moving through the living room, she turned the corner to show off the kitchen.
This room featured even more clutter and mess than the entrance of the home.
She also gave a brief glimpse into one of the cramped bedrooms in the home.
But again, the “fix and flip” professional was able to see through the rubbish.
She revealed exactly what she would do to fix up the cramped space.
The floors in each of the rooms were run down after years of use.
“I plan on putting an island in the kitchen, knocking that wall down, fixing the roof, getting some new floors,” she explained.
She told her followers that the home included three bedrooms and two bathrooms.
How much does it cost to live in a caravan?
LIVING in a caravan can be an economical and flexible lifestyle choice in the UK. Here's a breakdown of potential costs:
Initial Costs
- Caravan Purchase: £8,000 – £40,000 (depending on size, age, and condition)
- Caravan Insurance: £200 – £800 per year
Ongoing Monthly Costs
- Pitch Fees: £150 – £600 (varies by location and facilities)
- Utilities (Electricity, Gas, Water): £40 – £120
- Maintenance and Repairs: £20 – £80
- Internet and TV: £20 – £50
- Gas for Heating/Cooking: £15 – £40
Other Potential Costs
- Waste Disposal Fees: £8 – £25
- Transport Costs (if moving locations): Variable, depending on distance
- Optional Add-ons (Awning, Solar Panels, etc.): £400 – £1,600 (one-time)
Sample Monthly Budget
- Pitch Fees: £400
- Utilities: £80
- Maintenance and Repairs: £40
- Internet and TV: £40
- Gas for Heating/Cooking: £25
- Total: £585
Annual Estimated Cost
- Total Monthly Costs: £585 x 12 = £7,020
- Insurance: £500
- Maintenance and Repairs: £480
- Total Annual Cost: £8,000
Tips to Save
- Off-Peak Pitch Fees: Look for lower rates during off-peak seasons.
- DIY Maintenance: Handle minor repairs yourself.
- Energy Efficiency: Invest in solar panels to reduce utility costs.
While initial setup costs can be significant, ongoing expenses for living in a caravan can be relatively low, making it a viable option for those seeking an affordable and mobile lifestyle in the UK.
The TikToker predicted that she would “quadruple” her investment.
TikTok users shared their thoughts on the mobile home in the comments section.
One follower pointed out that space would be considered “nice for a homeless person.”
“All I saw when you opened that door was POTENTIAL,” wrote another viewer.
“That’s actually a good buy, it’s not leaking and it seems solid, good luck,” commented a third person.
“The amount of money that needs to be livable is going to be crazy,” said another TikTok user.