Lot 41 House With Stunning Sea Views Ideal For Occupation Or Holiday UseAuction Date:
15th June 2023
24 Ocean View Road, Ventnor, Isle Of Wight, PO38 1AB
As the road name suggests, this end-terrace house enjoys stunning sea views over the town of Ventnor and the English Channel beyond. The house could provide two or three-bedroom accommodation depending on requirements.
The house requires some upgrading and refurbishment but is considered very worthy of the improvements required beyond which it is considered ideally suited to owner occupation as a traditional letting investment or, potentially, as a weekend retreat/holiday home or commercial holiday letting. The rear garden runs up a steep bank to the rear of the property but the journey to the top is well worth it for the even better views over the English Channel. At the top of the garden is a summer house which requires refurbishment or replacement.
The house occupies a position above the town of Ventnor where the Victorian town centre offers a good range of amenities with the seafront and beach slightly further on.
Ground Floor
Entrance lobby, kitchen and living room.
First Floor
Landing, two bedrooms, shower room with W.C. and bedroom three/study/second living room.
Outside
Garden to rear in need of some cultivation. Summer house.
Council Tax Band A
Tenure
Remainder of a 999-year lease from 11th October 1902.
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
