Lot 128 Two-Bedroom Town Centre Flat For Investment Or OccupationAuction Date:
24th September 2026
Flat 1, 68 Pyle Street, Newport, Isle Of Wight, PO30 1UJ
Key Features
Pyle Street is considered one of the major thoroughfares through the town of Newport, the Isle of Wight's County Town. The two-bedroom first floor flat has been used for many years as an income-producing letting investment and is considered ideal for continued use in this guise. Alternatively, the flat could suit owner-occupation.
First Floor
Entrance hall, living room, kitchen, two bedrooms and bathroom with W.C.
Tenure
Remainder of 99-year lease from 12th September 1997 at a current ground rental of £25 per annum.
Auctioneer's Note
We are advised the Seller is the freeholder and will grant a new 125-year lease with the flat on completion of the sale. Further information will be available in the legal pack.
EPC Rating E
Council Tax Band A
Leasehold with Vacant Possession
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
