Lot 2 - Manor Cottage, Church Street, Wells-next-the-Sea, Norfolk, NR23 1HA

  • Unconditional Online Auction Sale
  • Guide Price* : £29,000+
  • Bedrooms: 3

Lot 2 - Property for Owner Occupation/Investment

Description

ONLINE AUCTION from 16th DECEMBER - 18th DECEMBER 2025

Beautiful 3 bedroom property set in a charming location in Wells Next Sea in Norfolk. This stone wall character cottage is centrally located, and only 5 minutes away from the sea.

Downstairs the property has it’s original features, with a fireplace in the lounge, original beams throughout, large kitchen with built in cast iron fire door, down stairs w/c, and a dinning area that leads to the back garden. There is also a basement to this property offering additional storage space or an opportunity to convert into another room. Upstairs there are 2 very large bedrooms and a double bedroom. As well as a family bathroom.

Outside there is an allocated parking area to the rear of the property, and a large garden which the bell tower can be seen from the back garden with beautiful views.

If you are looking at purchasing the property as an investment for rental from recent comparables online you are looking at around £1,450pcm if the property is presented at a good standard.

If you are looking at purchasing the property to keep as a holiday let investment as the area is booming all year round with tourists staying in the area for holidays and staycations, then you are looking at around £1,500 per week based on comparable on sites such as Airbnb and booking.com for self catering accommodation. This will then generate you an income of around £4,500 -£5,000 pcm. Baring in mind costs such as cleaning etc.

Tenancies

To be sold with vacant possession

INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice.

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Paul Fosh Auctions
01633 254044

Office Contact

Sean Roper
01633254044

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Auction Finance

As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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