For Sale By Auction | 11:00, 11 December 2024 | Lot 99

Bungay Lodge, Waveney Inn and River Centre, Staithe Road, Burgh St. Peter, Suffolk NR34 0DE

*Guide | £40,000 - £60,000 (plus fees)

  • Detached Bungalow
  • 2 Bedrooms
  • Tenure: Leasehold.

Call the team on 01603 505 100 for more information

Auction Date

Wed 11/12/2024

Auction Time

11:00

Auction Venue

Livestream Auction

A delightfully situated two bedroom detached holiday lodge ideal for investment or private ownership

Located in a picturesque setting this appealing holiday lodge has two bedrooms, one with an ensuite, main bathroom, and open plan lounge/kitchen with built in appliances. The property is fully double glazed and is centrally heated. It has a 12 month holiday occupancy and has use of the Waveney Park facilities which includes a swimming pool and maintained communal grounds. The open balcony has picturesque views over open countryside and towards the River Waveney, there is an allocated parking area.   The property could provide a valuable income from the managed holiday letting service.

Tenure

Leasehold.

Accommodation

Entrance lobby, lounge/dining room, kitchen, inner hall, bathroom, two bedrooms, one with ensuite

Outside

Maintained communal gardens, balcony, parking space

Council Tax Band

To be assessed

Lease details

125 years from 1st January 2021 (122 years remaining) Ground rent: Free ground rent until 2027, saving a minimum of £11,522.28 in the first two years (currently £4,801.78 + VAT (£5,762.14 inc)) Service charge: £982.73 + VAT (£1,179.28 inc) estimate

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

South Norfolk Council

Solicitors

Shoosmiths (Milton Keynes), Ref: Danielle Robins, Tel: 03700 868 407

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 - £900 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.