Two bedroom chalet in popular development just a few steps from the sandy beach

A well presented two bedroom chalet on the popular Rainbows End Park which is in the popular seaside village of Bacton. The site has direct access to a beautiful stretch of sandy beach and onto the well tended communal gardens. The chalet has recently provided an excellent investment income with overnight rates currently £130 per night peak season and £100 per night off peak. The possibility exists to occupy all year round excluding a three week period making it an ideal investment or second home. There is an option to purchase two further properties on the site (Plot numbers 7 and 46). Accommodation comprises of an open-plan living/dining area and a modern fitted kitchen. A separate hallway provides access to two double bedrooms and a modern fitted bathroom. The property has a veranda to the front, small private garden and allocated parking. This property is a leasehold and is subjected to service charges and ground rent.

Accommodation

Open veranda, living room, kitchen area, two bedrooms, bathroom

Outside

Small private garden area, fully maintained communal gardens with parking area. Direct access to extensive and picturesque sandy beach.

Lease details

Term: 99 years from 16 September 2010 (87 years remaining) Ground Rent: £1,838.62 (inc vat) Service Charge: £955.93 (inc vat) (2022)

Note

The purchaser will have the option to purchase two further lots on the site for the same price (Plots 7 and 46) These are similar in design and condition. Further details available from the Auctioneer.

Business Rates

Current rateable value from 1 April 2023 to present: £600

Energy Efficiency Rating (EPC)

Current Rating F

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

North Norfolk District Council

Solicitors

Bindman and Co, Ref: Claire Stanton, Tel: 0191 432 4408

Additional Fees

Buyer's Premium - £420 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.