Lot 99 Freehold Block Of Three Town Centre Flats For InvestmentAuction Date:
18th September 2025

This freehold building comprises three one-bedroom flats situated close to Ventnor's Victorian town centre with the seafront and beach slightly further afield. Each flat is let under the terms of an Assured Shorthold Tenancy Agreement, producing a very worthy income and the property being suited to an income-producing letting portfolio.

Flat 1

Ground Floor

Kitchen/living room, bedroom and bathroom with W.C.

EPC Rating C

Council Tax A

Tenancy

Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £443.34 per calendar month. At the time of publication the Auctioneers were unable to confirm the Tenancy Agreement terms, however a copy will be available in the legal pack which may be downloaded from the Clive Emson website.

Flat 2

First Floor

Entrance lobby, living room, kitchen, bedroom with en-suite bathroom/W.C.

EPC Rating C

Council Tax A

Tenancy

Let under the terms of an Assured Shorthold Tenancy Agreement, for an initial term of six months, commencing 24th December 2024, at a current rental of £550 per calendar month.

Flat 3

First Floor

Entrance lobby, living room, kitchen, bedroom with en-suite bathroom/W.C.

EPC Rating C

Council Tax A

Tenancy

Let under the terms of an Assured Shorthold Tenancy Agreement, for an initial term of 12 months, commencing 8th June 2021, at a current rental of £550 per calendar month.