Lot 134: FREEHOLD TOWN CENTRE BUILDING COMPRISING FOUR FLATS FOR INVESTMENT

Rookley Villa is an attractive detached Victorian building situated a short distance from the centre of Ventnor and its attractive town centre with the seafront and beach a little further afield.

The building is arranged as four self-contained flats with one of the units (Flat 2) in separate ownership and which is held under the terms of a 99 year lease from 1977. The remaining three flats are all vacant and considered ideal for addition to an income producing investment portfolio.

Each of the vacant flats offers one bedroom accommodation with the living space for Flat 4 situated over two floors.

Flat 1

Ground Floor

Entrance hall, living room, kitchen, bedroom, bathroom with W.C.

Flat 2

Tenure

In separate ownership under the terms of a 99 year lease, from 24th May 1977, at a current ground rental of £10 per annum.

Flat 3

First Floor

Kitchen, living room, inner hall, bedroom, bathroom with W.C.

Flat 4

Ground Floor

Entrance lobby, cloakroom with W.C., kitchen/living room.

Lower Ground Floor

Bedroom and bathroom.

Outside

Concrete courtyard area to the rear of the building.

Freehold with Part Vacant Possession

Residential EPC: D

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