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Development Site for sale in Shanklin

Cyprus House, Victoria Avenue, Shanklin, Isle Of Wight
For sale
£575,000
AUCTION PROPERTY
clive-emson-auctioneers
This property is marketed by:
Clive Emson Auctioneers
This detached property sits at the end of a driveway accessed off Victoria Avenue in the popular town of Shanklin on the Isle of Wight, close to local schools, businesses and a short drive from Shanklin's sandy beaches with excellent road network access to the rest of the Island.

The property sits on a plot of 0.24 hectares (0.59 acres) and offers a flexible mixture of accommodation over four floors, including six bedrooms. Four of the bedrooms have en-suite facilities and there is access to an attractive terrace from the bedrooms and many reception rooms overlooking the impressive garden. On the lower level there is a games room, further storage rooms, an additional shower room and a play room which has the foundations already dug for the installation of a swimming pool under the timber floor which has access to the patio and gardens.

There is ample parking on the driveway at the front with vehicular access available directly into the garden.

The property requires a significant programme of refurbishment but is worthy of such a scheme, after which it could be a splendid family home or weekend retreat. Alternative uses such as guest house accommodation, holiday home let, rental investment or perhaps site re-development to offer multiple dwellings may be possible, subject to all necessary consents being obtainable.

Ground Floor
Play room, games room, shower room, storage rooms and outside storage under the arches.

Mezzanine Level
Storage room.

First Floor
Kitchen, utility room, dining room and two reception rooms.

Second Floor
Entrance hall when accessed from the front drive, bedroom/office, W.C.

Third Floor
Four bedrooms with en-suite facilities and fifth single bedroom.

Outside
Driveway to front with parking and garden to rear with South facing veranda running the length of the house with steps leading directly to the garden. Jacuzzi room with 6-8 person jacuzzi.

Local Planning Authority
Isle of Wight Council. Tel: 01983 823552. Website: iow.gov.uk.

Council Tax Band F

Freehold with Vacant Possession

Residential EPC: E


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 the Auction Day.


Please note, following the Governments advice, lots are now being offered via our online platform. To register for our online auction please go to our online auction page https://www.cliveemson.co.uk/online/. For further information please go to cliveemson.co.uk or call us on 01622 608400.

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 www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*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 www.cliveemson.co.uk/buyers-fees/

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