Lot 171 One-Bedroom Flat With Parking And A Share Of FreeholdAuction Date:
26th March 2026
1 Newlands Villa Apartments, 2 Royal Crescent, Sandown, Isle Of Wight, PO36 8LZ
Currently let at £8,100 per annum
Key Features
Royal Crescent is a very pleasant residential road in the seaside resort of Sandown on the east coast of the Isle of Wight. This attractive building was converted some years ago to form four separate residential apartments with the freehold in the ownership of the four flat owners. Consequently a quarter share of the freehold will be transferred to the new owner on completion.
The flat is currently let under the terms of an Assured Shorthold Tenancy and is considered very worthy of addition to an income producing letting portfolio. Flat 1 is also sold with the benefit of a parking space to the front of the building.
Flat 1
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Outside
Parking space to front of the property.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement from 3rd September 2025 at a current rental of £675 per calendar month.
EPC Rating C
Council Tax Band A
Tenure
Remainder of a 999-year lease from 1st January 2004.
Auctioneer's Note
The freehold in the block is owned by the current flat owners. A quarter share of the freehold will be transferred to the new owner on completion of the flat purchase.
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
