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Under Offer

6 bedroom house for sale in Witton, North Walsham, Norfolk, NR28

Asking price £775,000

  • 6
  • 3
  • 2

2 miles from Coast

  • Garden
  • Swimming Pool
  • Holiday Home
  • Resi Investment
  • Detached
  • House
  • Freehold
  • Off Road Parking
  • Double Garage

Manor Lodge is a detached Victorian house built in 19th
century of traditional brick and flint under a pitched tiled
roof. Formerly three cottages, it was converted in the 1970s into a single house and subsequently extended in
about 2006.

The property has a southern aspect and is privately situated in about 1.33 acres of gardens, surrounded by farmland with far reaching views.

The house was acquired by the current owners in 1999
and has been modernized and upgraded and includes
Hive technology, security cameras and a sound system
to the leisure complex. The extensions included an
enlarged sitting room and a brick and flint constructed
indoor swimming pool complex equipped with pool
lighting; swim current Jacuzzi, shower and a sauna.

The accommodation provides an ideal layout for entertaining with a dining room leading off the reception
hall with French doors to the west facing garden. An open plan sitting room has access to the large terrace, also accessed from the swimming pool complex. The first floor has unspoilt views over farmland.

The Business

The current owners have run Manor Lodge as a holiday
letting business and in the first year has achieved aturnover of £86,937 pa. Costs for year ending March 2019 have been in the region of £26,414 providing a surplus of £60,520.

The owners are predicting a turnover for the year
ending March 2020 in the region of £100,000 with a
surplus anticipated to be in the region of £78,954.

The owners are selling to pursue their management
business and would be able to continue to manage the
property for a new owner, if required.

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