For Sale By Auction | 11:00, 12 February 2025 | Lot 89

64 Pentney Lakes, Common Road, Pentney, Norfolk PE32 1LE

*Guide | £80,000 - £100,000 (plus fees)

  • Detached House
  • 2 Bedrooms
  • Tenure: Leasehold.

Call the team on 01553 777 773 for more information

Auction Date

Wed 12/02/2025

Auction Time

11:00

Auction Venue

Livestream Auction

Non standard steel framed construction situated on a popular holiday resort known as Pentney Lakes producing a gross income in 2024 of £32,811 on Air bnb.

Pentney Lakes is situated twixt Swaffham and King's Lynn. This splendid site has a mixture of lodges and residential properties and is a well respected holiday destination in the area. This non-standard steel frame dwelling is fully insulated with 100ml of insulation on the interior and 40ml on the exterior. The property has two double bedrooms both with ensuite shower rooms, whilst the remainder of the space is open plan with modern kitchen, woodburning stove and glazing which expands across the rear taking in views of the rear south facing courtyard with hot tub (included in the sale). Ideal investment for those looking for a retreat in the heart of Norfolk and latest figures from Airbnb show for 2024 there was a gross income of £32,811.00pa. Viewings can be arranged on Tuesday, Wednesday and Thursday and are strongly advised. The lease on the building is renewed every 20 years with 17 years remaining. The lease is extendable for a further 20 years at the cost of a £1.00.

Tenure

Leasehold.

Accommodation

Open plan living area with kitchen, two double bedrooms with ensuite.

Exterior

A generous drive way with ample parking with a south facing courtyard which offers a great entertaining space with hot tub (included in the sale)

Lease Details

17 years remain on current lease with the option to extend the lease for an additional 20 years for £1.00 Ground rent: £5579.47 (2024 price including services)

Council Tax Band

A

Energy Efficiency Rating (EPC)

Current Rating Please refer to Legal Pack

Services

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

Local Authority

Kings Lynn and West Norfolk Borough Council

Solicitors

Rudlings LLP (Thetford), Ref: Jason Sidney, Tel: 01842 754151

Offered in association with

Minors & Brady Norwich

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £960 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.