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2 bedroom apartment for sale

St. Martins Road, Wroxall, Ventnor, Isle of Wight, PO38 3BW

Guide Price* £43,750

Property Description

Full description

Tenure: Leasehold

We are selling a 100% interest on a life tenancy basis, the current tenant is a male aged 66. We believe the current vacant possession value to be in the region of £100,000. Situated in the village of Wroxall to the north of Ventnor the property is presented in good order with a fitted kitchen and modern bathroom, there is plenty of storage space and a loft.

First Floor: Entrance hall, living room, kitchen, 2 bedrooms, bathroom.
Outside: Private garden.

Leasehold: 95+ years unexpired. We are advised the ground rent is £10 pa and service charge £40 pcm, see legal pack for confirmation.

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Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a reserve (unless otherwise stated). The reserve is a figure below which the auctioneer cannot sell the property during the auction. The reserve will be within the guide range or no more than 10% above a single figure guide.


Listing History

Added on Rightmove:
11 August 2016

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Network Auctions, UK on 020 7871 0420.


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