Lot 160 Town Centre Flat For Investment Or OccupationAuction Date:
18th September 2025
Flat 7, James House, Church Lane, Ryde, Isle Of Wight, PO33 2LX
Key Features
James House is a landmark building at the junction of Union Street, Cross Street and High Street and this top floor apartment enjoys attractive views over central Ryde and also of The Solent from one of the windows. The top floor apartment has been in use as a letting investment for many years but is now offered for sale vacant. The flat has recently been redecorated and is now considered ideal for occupation by an owner occupier or for continued use as an income-producing investment.
Accommodation
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenure
Remainder of a 99-year lease from 29th September 1989.
Auctioneer's Note
In July 2025, in response to an enquiry by the current owner to the freeholder in relation to a lease extension, a reply was received setting out options which included a 990-year replacement lease for the sum of £13,510 with an ongoing peppercorn ground rent. Full details of the correspondence is included in the legal pack under 'Other Documentation', available to download from the Clive Emson website.
EPC Rating E
Council Tax Band A
Further Information
Rob Marchant/Mike Marchant
on 01489 564606
Viewings
- Thu 4th September
11:00 - Mon 8th September
11:00 - Thu 11th September
11:30 - Mon 15th September
11:30
The viewing times for the lot are listed below, please make sure you book into the viewing either through the website or phoning 0345 8500333, as on occasions viewing times change or may be cancelled.
Book a new viewing or cancel an existing viewing for this property before 5pm the day before.
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
