A two bedroom detached bungalow to be sold subject to a long established regulated tenancy currently producing £4,056 pa rising to £5,044 pa from 25 November 2021

This detached two bedroom bungalow is situated in the popular coastal village of Mundesley overlooking fields and within walking distance of the beach and village centre. The property is currently occupied by a married couple paying £388 per calendar month on a registered rent last assessed by the rent officer in 2015. The rent has just been reviewed by the office of fair rents at £97 per week with effect from 25 November 2021. Mundesley is approximately 6 miles from Cromer, 5 miles from North Walsham and 20 miles from Norwich.

Tenure

Freehold

Accommodation

Hall, lounge, dining room, kitchen, two bedrooms, bathroom

Outside

Sheltered gardens to front and rear.

Energy Efficiency Rating (EPC)

Current Rating E

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. Tel: 01263 513811

Solicitors

Bindman, 22 Front Street, Whickham, Newcastle Upon Tyne, NE164DT, Ref: Claire Stanton, Tel: 0191 432 4408

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 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.