Lot 20 Town Centre Cottage With Consent For Demolition And A Pair Of Replacement CottagesAuction Date:
12th June 2025
53-55 St. Catherine Street, Ventnor, Isle Of Wight, PO38 1HG
Key Features
Occupying a position close to the town centre, this semi-derelict cottage is situated on a plot measuring approximately 0.03 hectares (0.07 acres) and requires significant upgrading and refurbishment if the property is to be brought back into residential use.
Alternatively, the site has the benefit of Planning Consent for a pair of semi-detached cottages. Should the new owner decide on the redevelopment option, it is considered that once completed the finished homes will be ideal for re-sale into the local market place or perhaps for addition to a income producing letting portfolio or perhaps for commercial holiday letting.
Proposed Accommodation
Ground Floor
Living room, kitchen/breakfast room and cloakroom with W.C.
First Floor
Landing, two bedrooms and bathroom with W.C.
Outside
Gardens to front and rear.
Planning
Planning Consent has been granted by Isle of Wight Council under ref: 24/00497/FUL dated 21st May 2024 for demolition of existing dwelling (55), construction of a pair of semi-detached houses. A copy of the Planning Consent and accompanying documents can be downloaded from the Isle of Wight Council website, iow.gov.uk. Tel: 01983 823552.
Freehold with Vacant Possession
Further Information
Rob Marchant/Mike Marchant
on 01489 564606
Viewings
Applicants may view directly on site during daylight hours
Service Providers
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Local Information
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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
