Lot 108 Town Centre House For Investment Or Owner OccupationAuction Date:
1st May 2025
56 Albert Street, Ventnor, Isle Of Wight, PO38 1EY
Key Features
This is an attractive semi-detached property situated in the heart of Ventnor's popular Victorian town centre. The seafront and beach are only slightly further afield. The home is nicely presented and whilst in need, perhaps, of some cosmetic improvement and repair, the house is considered ideal for future use by an owner occupier or perhaps for addition to an income-producing letting portfolio. An alternative use may be to put the property to use as a holiday home, either by the new owner or perhaps on a more commercial holiday letting basis.
Ground Floor
Entrance hall, living room, dining room and kitchen.
First Floor
Landing, two bedrooms and bathroom with W.C.
Outside
Small raised garden to the rear.
Tenure
Held under the terms of a 950-year lease from 29th September 1923.
EPC Rating D
Council Tax Band B
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
