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SOLD STC

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

Key features

  • Excellent holiday let or second home
  • High quality Lodge in idyllic setting
  • Produced gross £32,811 on Airbnb in 2024
  • Near Swaffham and King's Lynn
  • Open plan living with two double bedrooms both ensuite
  • Non Standard Steel Framed Construction - Cash Buyers Only
  • Guide price: £100,000 to £120,000
  • For sale by online livestream auction
  • Unless previously sold or withdrawn prior
  • 11:00am - Wednesday, 12th February 2025

Description

SOLD AT AUCTION FOR £124,000

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.

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.

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
Viewings Viewings are being arranged by appointment only and the next is set for Wednesday 29 January

Please contact the Norwich Office to book your appointment

Tenure: Leasehold

EPC Rating: Please refer to Legal Pack

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

Buyer's Premium Fee: £960 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.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

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

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About Auction House, East Anglia

The Barn Newmarket Road Cringleford Norwich NR4 6UE
Industry affiliations:
Why Use Auction House East Anglia?

    Market position

    Auction House East Anglia are firmly established as East Anglia's no.1 property auctioneers (based on lots sold) and we sell over 80% of lot entries in our local auctions. We hold regular auctions in Norfolk and Suffolk and Cambridgeshire and have offices in Norwich, Kings Lynn, Peterborough and Ipswich.

    Trusted Brand

    Auction House East Anglia is part of the Auction House UK group of 40 regional auction rooms covering England, Scotland and Wales; the network sells more properties 'under-the-hammer' that any other auctioneer and are multi award winners.

    More auctions

    Auction House East Anglia hold 7 regional auctions per year, providing sellers short sale lead in times and more opportunity to sell, as well as weekly national auctions.

    Expert property auctioneers

    Auction House East Anglia is directed by Bryan Baxter as its resident auctioneer. Bryan's team is highly skilled and knowledgeable, ensuring that accurate advice is provided to sellers around Reserve and Guide Price setting. Bryan is also a regular 'celebrity' auctioneer featuring on the TV program Homes Under The Hammer.

    Types of property we sell

    We sell residential and commercial property and land, including land and tenanted investments.

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    We organise attend three to four viewing sessions at each property lot entered into auction. This approach ensures we meet prospective buyers and creates the multiple viewing system creates prospective purchaser competition

    Areas covered

    Norfolk, Suffolk, Cambridgeshire, North Essex and South Lincolnshire

    Powerful marketing

    In order to get the best price each property needs effective promotion on the market, so we use the major UK property portals and our own auctionhouse.co.uk/estanglia website. Properties are also marketed via local and regional press such as the Eastern Daily Press, the Peterborough Telegraph, Your Local Paper and the East Anglian Daily Times

    Choice of auction method

    Auction House East Anglia provides non-conditional (immediate exchange) local and online auctions and conditional (flexible exchange) online auctions. The auction team will provide advice on the most suitable method of auction for your property or land.

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    Disclaimer - Property reference 202501021740sq_b8df. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, East Anglia. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, East Anglia on 01603 361653.

    *Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

    Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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