Lot 142 Two Storey Three-bedroom Flat For Improvement With Stunning Sea ViewsAuction Date:
21st September 2022
Flat 5 & Flat 7, Wydford House, 23 Bellevue Road, Ryde, Isle of Wight, PO33 2AR
Originally a Victorian gentleman's residence, Wydford House was converted into apartments with Flat 5 occupying the front section of the first floor and Flat 7 the front section of the second floor, with the added bonus of the observation platform on the roof giving stunning views over the Solent.
In more recent times, the two flats have been converted into a large single residential dwelling occupying both the first and second floors and offering flexible accommodation with three bedrooms. Both floors have retained separate access to the communal landings.
The living accommodation is in need of a programme of upgrading and refurbishment but is considered very worthy of the improvements required. These works may include restoring the original arrangement as two separate flats if required and subject to all necessary consents being obtainable.
Accessed from the second floor (Flat 7) there is an observation tower with a small outside space offering stunning views over the town of Ryde and the Solent and South Hampshire.
Ground Floor
Communal entrance.
First Floor
Entrance lobby, kitchen/dining room and living room.
Second Floor
Landing, three bedrooms and two bathrooms (one with W.C.).
Third Floor
Observation tower/sun room.
Outside
Parking to front.
Tenure
Held under the terms of a 125-year lease, from 24th March 1987, at a current ground rental of £70 per annum.
Local Planning Authority
Isle of Wight Council. Website iow.gov.uk. Tel: 01983 823552.
Council Tax Band C
Leasehold 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
