Osborne Court is a splendid Art Deco building comprising purpose built flats, situated on the esplanade and overlooking the harbour mouth at Cowes, with views over The Solent.
One of the many features of the block is the splendid communal areas, while the apartments themselves are nicely designed and of a size compatible with the era in which they were built. Flat 11, which has the benefit of balconies to both the front and rear elevations of the building, is particularly nicely presented. The apartment is at present occupied under the terms of an Assured Shorthold Tenancy Agreement and could well continue in this guise as a letting investment, if required. However, there is also potential for owner occupation at the expiry of the current AST if this is preferable to the new owners.
Accommodation
Entrance hall, living room, kitchen, bathroom with W.C., two bedrooms and balconies to the front and rear which are accessed from the living room and main bedroom respectively.
Tenancy
Holding over under the terms of an Assured Shorthold Tenancy Agreement from 20th November 2020 at a current rental of £695 per calendar month.
Tenure
Sold under the terms of a 150-year lease, from 29th September 2005, at a current ground rental of £100 per annum.