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Development Site for sale in Ventnor

The Retreat, Undercliff Drive, St. Lawrence, Ventnor, Isle Of Wight
For sale
£50,000
AUCTION PROPERTY
clive-emson-auctioneers
This property is marketed by:
Clive Emson Auctioneers
The Retreat is situated towards the eastern end of Undercliff Drive, a short distance from the dead end on the road, making this a quiet residential location with very little passing traffic. The area was affected by a landslip in 2023 and as a result, the Retreat and other neighbouring properties suffered some movement and structural damage.

The structural movement is particularly noticeable at the rear of the property where the vehicular access has become all but impassable for vehicles and unfortunately the current owners car has been marooned as a result. While the Retreat has suffered some movement, the property was occupied by the current owners until May 2025 when a change in life circumstances has caused them to move on.

While prospective purchasers may wish to consider that repair and restoration of the building, others may consider that it is perfectly suitable as is for use by an owner occupier or perhaps as a holiday home or weekend retreat or potentially with some upgrading as a commercial holiday let. While the majority of the living accommodation is across a single floor, there is also an attic room which in addition to providing useful storage has also been utilised as a bedroom for visiting children. On the lower level, is a significant 'man cave' utilised by the current owners and which provides additional very useful space.

The Retreat is sited on a good sized plot with a mature garden to the rear. Some pruning of the rear trees/hedge line would further enhance the views of the English Channel which are available from the property.

Ground Floor
Entrance hall, living room, kitchen, three bedrooms and bathroom with W.C.

First Floor
Attic room.

Lower Ground Floor
'Man cave' fitted out as a workshop and hobby room.

Outside
Garage, gardens to front and rear.

Auctioneer's Note
There is a rear access to the property an this previously included vehicular access. As stated in the body of the sale particulars, the 2023 landslip has made vehicular access impossible for traditional motor vehicles and without remedial works, the rear access is at present for pedestrians only.

EPC Rating
To be confirmed.

Council Tax Band C

Freehold with Vacant Possession

Residential EPC: TBC


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.


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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