Lot 148 Two-bedroom House For Investment Or OccupationAuction Date:
1st November 2024
64 Leeson Road, Ventnor, Isle Of Wight, PO38 1QD
This terraced cottage has, for many years, been in use as an income-producing letting investment. It is considered ideal for continued use in this guise, either for traditional letting purposes or a weekend retreat/holiday home. The property is nicely presented throughout and is considered ready for immediate occupation if required.
Ground Floor
Entrance lobby, bathroom with W.C., kitchen/breakfast room, inner hall and living room.
First Floor
Landing and two bedrooms.
Outside
Enclosed garden to rear.
Council Tax Band B
Auctioneer’s Note
Following a landslip further along Leeson Road, the property was inspected in April 2024 by a structural engineer on behalf of the sellers’ buildings insurers. The subsequent report confirmed that there had been no damage resulting from subsidence, heave or landslip. The insurers have continued to offer cover.
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
