Lot 64 - FREEHOLD TOWN CENTRE BUILDING ARRANGED AS TWO FLATS

Sold £198,000

This semi-detached building now requiring some improvement, is situated a short distance from the centre of Sandown with all of its shopping and other amenities and attractive sandy beach. The building has for many years served as an income-producing letting investment for the current seller and is considered ideal for continued use in this guise.

The first floor flat offers two-bedroom accommodation with a roof terrace overlooking the rear garden, while the lower flat has one bedroom, although Planning Consent has been obtained for the addition of a window to an existing store at the rear of the ground floor flat providing potential for linkage to the main flat building and an additional bedroom to be added if required.

Ground Floor Flat

Entrance hall, living room, kitchen/dining room, study/office, bedroom and bathroom with W.C.

First Floor Flat

Entrance hall, kitchen, living room, dining room, inner hallway, two bedrooms and bathroom with W.C.

Outside

The upper flat has a terrace, while to the rear of the building is an enclosed garden.

Planning

Planning Permission has been granted by Isle of Wight Council under reference 23/01565/FUL, dated 26th October 2023, for formation of new window opening on rear elevation of ground floor flat, subject to conditions.

A copy of the Planning Consent and accompanying documents may be downloaded from the Local Planning Website: iow.gov.uk. Tel: 01983 823552.

Council Tax Band

Each flat Band A.

Freehold with Vacant Possession

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 cliveemson.co.uk/buyers-fees/