2 bedroom apartment for saleSt. Martins Road, Wroxall, Ventnor, Isle of Wight, PO38 3BW
Guide Price* £43,750
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.
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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.
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