Lot 118 House For Improvement And Attached Two Storey Workshop With PotentialAuction Date:
21st September 2022
12 Arctic Road, Cowes, Isle of Wight, PO31 7PE
Situated a short walk/drive away from the centre of Cowes and its internationally renowned yachting facilities, this three storey freehold house offers a unique feature being the first and second floor workshop attached to the side of the building.
Both the house and the workshop are in need of significant upgrading and refurbishment but considered very worthy of the improvements required. It is considered the workshop could be incorporated into a scheme to extend the living accommodation of a single dwelling or, perhaps, provide a separate self-contained dwelling or form part of a scheme to create three dwellings at ground, first floor and second floor levels. Any such works will, of course, be subject to all necessary consents being obtainable.
Main House
Ground Floor
Entrance lobby, living room, dining room, kitchen and conservatory.
First Floor
Bedroom and bathroom with W.C.
Second Floor
Bedroom and bathroom with W.C.
Outside
Gardens to the rear in need of cultivation.
Workshop
Significant workshop/storage area over two floors.
Council Tax Band C
Local Planning Authority
Isle of Wight Council. Tel: 01983 823552. Website: iow.gov.uk.
Freehold with Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
