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2 bed property for sale

£74,995

Mill Lane, Bacton, Norwich NR12

2 1 1
Interested in this property? Call +44 1502 392961 * or Request Details

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Property features

  • 2 bedroom holiday property
  • 12 months holiday usage
  • North norfolk coastal location
  • 99 year lease
  • Lease protected under the landlord & tenant act
  • Low annual running costs
  • Fully double glazed
  • Fantastic location
  • New build property
  • Great investment opportunity

Property description

Owning your own holiday home at Rainbows End is a real investment. Somewhere to spend time and earn money. It's your pot of gold at the end of the rainbow! You'll create income from holiday letting and you'll have accommodation you can go to, whenever you want.

There's never been a better time to buy at Rainbows End. We have accommodation for sale, available early 2018, reserve yours today with A £1,000 deposit!

If you've ever dreamed of having a seaside holiday home in sought after North Norfolk, now's your chance! Check out our contemporary lodges right by the sea. Quiet and relaxing, but close enough to the attractions - and shopping if you want it. The dream begins….

Doorstep beach access

Great for exploring North Norfolk

Tranquil grassland setting

Annual Running Costs 2017

Ground Rent: £1200 + VAT

service charge: Estimated £818.93 + VAT

Electric: As used per quarter

Council Tax: Band A (billed by North Norfolk District Council)

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £283,607 Sales 357 Current average value £305,120 (Zoopla Zed-Index) Value change £11,404 ▲ 3.88%

Property value data/graphs for NR12

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £370,067 £266 3.5 £349,155
Semi-detached £220,380 £238 3.0 £205,625
Terraced £219,862 £249 2.8 £203,572
Flats £138,133 £219 1.7 £131,311

Current asking prices in NR12

Average: £284,770
Avg. current asking prices in NR12
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £34,995
(1)
£171,174
(69)
£288,311
(74)
£429,418
(43)
£476,389
(18)
Flats £105,000
(2)
£131,250
(12)
£198,750
(2)
- -
All £81,665
(3)
£165,260
(81)
£285,954
(76)
£429,418
(43)
£476,389
(18)

Current asking rents in NR12

Average: £758 pcm
Avg. current asking prices in NR12
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £750 pcm
(1)
£839 pcm
(3)
£637 pcm
(2)
£1,148 pcm
(3)
-
Flats - £644 pcm
(2)
- - -
All £750 pcm
(1)
£761 pcm
(5)
£637 pcm
(2)
£1,148 pcm
(3)
-

Fun facts for NR12

Highest value in NR12
Highest value streets Zed-Index
Beech Road £952,031
Hall Road £798,769
Horning Road £648,876
The Street £632,715
Meadow Drive £605,423
Highest turnover in NR12
Highest turnover streets Turnover
Dunkerley Court 79.2%
York Road 61.5%
Goose Lane 52.4%
Mallard Way 50.0%
Staitheway Road 47.7%

What Zoopla users think of Bacton

Overall rating:

  • currently 3 stars
Good - 60%

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 2 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3 stars
Restaurants & shopping
  • currently 2.5 stars
Schools & public services
  • currently 2 stars
Transport & travel

Rate Bacton:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • North Walsham (4.6 miles)
  • Gunton (5.6 miles)
  • Worstead (6.0 miles)
  • Norwich International Airport (15.2 miles)
  • London Stansted Airport (85.0 miles)
  • Humberside Airport (90.9 miles)
  • Reedham Ferry North (20.4 miles)
  • Reedham Ferry South (20.4 miles)
  • Southwold Ferry Landing (37.7 miles)

Nearby schools

View all schools in North Norfolk
  • Bacton Primary School (0.2 miles)
  • Mundesley Junior School (2.7 miles)
  • Mundesley Infant School (2.7 miles)
  • Sir Isaac Newton Sixth Form Free School (17.3 miles)
  • East Norfolk Sixth Form College (21.3 miles)
  • Bury St Edmunds County Upper School (52.5 miles)
  • North Walsham High School (4.3 miles)
  • Stalham High School (5.6 miles)
  • Sidestrand Hall School (6.5 miles)
Note: Distances are straight line measurements

Local info for North Norfolk

About the neighbours in NR12

AskMe Q&A for North Norfolk

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Arrange Viewing

For more information about this property, please contact
Langwrights Independent Estate Agents Ltd, NR32 on +44 1502 392961 * (local rate)

Monthly running costs Beta

£492 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,499
Repayment term 25
Interest rate 1.5
Your payment £269 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

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

Energy

Gas £31 Electricity £44 Estimated energy cost £75/mo

Similar properties could save up to £286

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 10900 kWh/year
Electricity: 3600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

North Norfolk

Estimated tax band A Council tax cost £110 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £16 Sewerage £22 Estimated water cost £38 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Langwrights Independent Estate Agents Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Langwrights Independent Estate Agents Ltd, and do not constitute property particulars. Please contact Langwrights Independent Estate Agents Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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