Lot 7: FREEHOLD THREE STOREY BUILDING ARRANGED AS TWO SELF-CONTAINED FLATS FOR IMPROVEMENT

Vacant Residential - Isle of Wight
Vacant Residential - Isle of Wight
Vacant Residential - Isle of Wight
Upper Flat
Vacant Residential - Isle of Wight
Upper Flat
Vacant Residential - Isle of Wight
Ground Floor Flat
Vacant Residential - Isle of Wight
Sold £212,000

Originally known as Grove House and reputedly constructed by the master builder WH Brading this attractive three storey building occupies a position on the corner of Adelaide Grove and Yarborough Road. The building is at present configured as two self-contained flats with a one/two bedroom apartment on the ground floor and a three bedroom unit on the upper two floors.

The flats were let for many years providing a worthwhile investment income and subject to some upgrading and refurbishment (particularly to the ground floor flat) are considered ideally suited for continued use in this guise. Alternatively, there may be potential to revert the living accommodation back to a single dwelling, subject to all consents being obtainable. Outside of the property there is the benefit of off-road parking with scope for additional parking spaces in the rear garden if required.

Of interest to investor purchasers might be the proximity of the adjoining car repair garage and the longer term potential for perhaps a collaborative re-development, again subject to all consents being obtainable.

Flat 102A

Ground Floor

Kitchen/living room, shower room with W.C., living room/bedroom two, further bedroom.

Flat 102B

Upper Floors

Ground Floor

Entrance hall with stairs to:

First Floor

Landing, living room, kitchen, bathroom with W.C.

Second Floor

Three bedrooms.

Outside

Wrap-around corner garden including off-road parking accessed from Adelaide Grove.

Local Planning Authority

Isle of Wight Council. Tel: 01983 823552. Website: iwight.com

Freehold with Vacant Possession

Residential EPC: E

Videos