For Sale By Auction | 11:00, 11 September 2019 | Lot 19

Penny Wagtail, Bure Valley Farm, Burgh Road, Aylsham, Norwich, Norfolk, NR11 6TZ

Sold £100,000

  • Cottage
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 11/09/2019

Auction Time

11:00

Auction Venue

The Sunningdale Suite Dunston Hall Hotel, Ipswich Road, Norwich, NR14 8PQ

Viewing Times:

Thu 15 Aug

12:30-13:00

Wed 21 Aug

09:30-10:00

Wed 28 Aug

09:30-10:00

Wed 4 Sep

09:30-10:00

Grade II listed barn conversion holiday let. Ideal investment opportunity

Penny Wagtail is a well appointed two bedroom attached holiday use only single storey barn conversion that provides an annual income of approximately £8,000. Holiday let bookings come via Airbnb. Occupancy is around 50% with nightly rates of around £50 offering further growth potential. The barn was converted in 2006, is double glazed and benefits from oil fired underfloor heating. The contents are included within the sale. It is in a popular location on a farm only a mile east of the market town of Aylsham, which has a range of services and amenities. Water is from a shared borehole and there is a maintenance charge for servicing and repair which is a 9th of these charges. The cottage is also on a sewage treatment plant which is emptied and serviced each year, the maintenance charge will again be a 9th of these charges. Based on last years bills this should not exceed £150 inclusive.

Tenure

Freehold

Description

Well fitted kitchen and sitting room with french doors leading to a private terrace. From the kitchen/sitting room a corridor serves access to a wet room and two bedrooms

Outside

Private front courtyard garden, allocated parking

Energy Efficiency Rating (EPC)

Current Rating D

Services

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

Local Authority

Broadland District Council

Solicitors

Hayes & Storr, 27 Bull Street, Holt, NR25 6HP, Ref: Jim Pallister, Tel: 01263 712 835

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

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 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.