Investment for sale in Ryde

AUCTION PROPERTY Located close to Vernon Square in one of the more sought after areas of Ryde, this substantial freehold detached property enjoys stunning sea views from the top floor flat. The building has for many years been configured as flats, with the now derelict basement having also previously been a flat. Two of the three existing flats are currently let, with the top floor flat currently vacant and requiring modernisation.

Flat 1
Ground Floor
Entrance hall, three bedrooms, living room, storage room, kitchen and bathroom with W.C.
Tenancy
Let under the terms of an Assured Periodic Tenancy Agreement at a current rental of 410 per calendar month.

EPC Rating
To be confirmed.
Council Tax Band B

Flat 2
First Floor
Entrance hall, two bedrooms, kitchen, bathroom with shower and separate W.C.
Tenancy
Let under the terms of an Assured Periodic Tenancy Agreement at a current rental of 850 per calendar month.

EPC Rating
To be confirmed.
Council Tax Band B

Flat 3
Second Floor
Stairs up to entrance hall, two bedrooms, living room, kitchen, bathroom and separate W.C.
Tenancy
Currently vacant.

EPC Rating
To be confirmed.
Council Tax Band B

Basement
Previously used as Flat 4 but currently unoccupied.

Outside
Rear garden.

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/