Lot 105: TWO BEDROOM FLAT FOR INVESTMENT

Residential Investment - Isle of Wight
Residential Investment - Isle of Wight
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Available At £85,000 + Fees
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27F Holyrood Street, Newport, Isle Of Wight. PO30 5AZ

Currently let at £6,900 per annum

Viewing by arrangement with Hose Rhodes Dickson

01983 521144

Further information from Clive Emson Auctioneers

01489 564606

Mike Marchant/Rob Marchant

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Located in central Newport, this two bedroom second floor flat is deceptively spacious and benefits from a roof terrace. The property is considered ideal for addition to an investment portfolio for its income producing potential.

Accommodation

Entrance hall, kitchen, living room, two bedrooms, bathroom with W.C. and roof terrace.

Tenancy

Let on an Assured Shorthold Tenancy Agreement from 13th April 2019 at a current rental of £575 per calendar month.

Tenure

Remainder of a 999 year lease from 4th September 2009. Further details will be available within the legal documentation which can be downloaded from the Clive Emson website.

Residential EPC: D

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

* Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors.

For more information on fees please go to cliveemson.co.uk/buyers-fees/

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The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.

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