2 bedroom detached for sale

£625,000 Guide Price

2

Bedrooms

1

Bathrooms

Floorplan

A stylish and contemporary two bedroom detached cottage in a quiet coastal setting.

Very well-presented contemporary detached property.

Accommodation of almost 800 sq.ft. comprising; open-plan Kitchen/Dining/Sitting Room, Landing, two double Bedrooms and a Shower Room/WC.

Private, paved walled rear garden with gate opening on to the loke to the High Street and coastal path.

Desirable features include double-glazed powder coated aluminium windows, air-source underfloor heating, wood-burning stove, vaulted ceilings to bedrooms, tiled floor to ground floor, Juliet balcony with canopy to bedroom 2 and bespoke Neptune kitchen with integrated appliances.

Currently a successful holiday let and available to purchase with no upward chain fully furnished and equipped by separate negotiation.

Parking is available on The Fairstead, a quiet no-through road, and the nearby village hall.

Services Main water, electricity and drainage.
Heating Air-source heating and wood-burning stove.

Council Tax Band Currently rated for business purposes.

Broadband Ultrafast full fibre broadband is available to the property.

Mobile Coverage Ofcom report that indoor voice and data availability is as follows; EE & Three-None, Vodafone-Limited, O2-Likely.

Ofcom report that outdoor voice and data availability is as follows; EE, O2 and Vodafone-Likely; Three is Limited.

Agents Notes: 1-The property is situated in a conservation area.

Cley next the Sea is a beautiful, historic coastal village situated in an Area of Outstanding Natural Beauty (in 2024 it was listed in the Daily Telegraphs top 20 most beautiful villages in Britain). In the 16th century, it was one of the most important ports in the UK, with trading links all over Europe and the architecture in the village reflects this. Today visitors from all over the world still visit and enjoy the pubs, cafes, galleries, the fabulous deli, smokehouse and the world-renowned nature reserve. Cley is situated right on the coastal path, offering many miles of stunning walks. Cley beach is any easy walk from the village and Blakeney pit is accessible from the harbour by boat or kayak, via the river Glaven. The village has a excellent community spirit, with plenty of events happening throughout the year. The Georgian town of Holt, 5 miles away, is known for its excellent selection of shops, cafes and galleries and also for Greshams public school for girls and boys. The city of Norwich with a main line to service to London is approximately 26 miles away.

FIXTURES AND FITTINGS: Unless specifically mentioned in these particulars, all fixtures and fittings are expressly excluded from the sale of the freehold interest. Some items and contents may be available by separate negotiation if required.

IMPORTANT NOTICE: These particulars have been prepared in all good faith to give a fair overall view of the property. Measurements and distance are given as a guide only. We have endeavoured to ensure the information given is accurate but we would urge you to contact the office before travelling any great distance to ensure that your impression of the property is as we intended. None of the services, appliances or equipment have been tested and purchasers should satisfy themselves on such matters prior to purchase.

VIEWING: Early inspection is recommended through the Agents. For an appointment please telephone BEDFORDS, The Bower House, Market Place, Burnham Market, Kings Lynn, PE31 8HF. Tel: . All our properties can be found on the internet at

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 518325

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 15625
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 49575
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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