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Brickfield Cottages,East Cowes Road, East Cowes, Isle of Wight, PO32

Guide Price
£140,000
Watson Bull & Porter, Newport
PROPERTY TYPE

Land

SIZE

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Description

Located on the outskirts of Newport Town is this extensive plot of land (Approx 1.04 acres) that has previously been used for a slab manufacturing business and due to its convenient, central location would be perfect for a builders or scaffolders yard whilst there are many other uses for this land.

A couple of existing outbuildings remain in situ.

There is the potential that subject to planning this plot of land could be ideal for development due to its separate access to East Cowes Road.

A 3 bedroom cottage & 1 bedroom annex connected to the land is also being sold through Watson Bull & Porter.


This property is offered through Modern Method of Auction and is subject to an undisclosed 'Reserve Price.' Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £445.00 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Brickfield Cottages,East Cowes Road, East Cowes, Isle of Wight, PO32

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ryde Esplanade Station4.8 miles
  • Ryde Pier Head Station4.8 miles
  • Ryde St. Johns Road Station4.9 miles

About Watson Bull & Porter, Newport

31 High Street, Newport, Isle of Wight, PO30 1SS
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Watson Bull & Porter has been serving the Island's needs since 1850, creating an enviable reputation for selling homes of all types. We are proud to remain at the forefront of our established market with friendly and professional Island staff assisting you in all residential property enquiries, Country Homes, Letting and Holiday Letting, Mortgages, Surveys and Auctions.

For all your property requirements on the Isle of Wight, all you need is Watson Bull & Porter.

NEWPORT

Newport is the Island's County Town being situated centrally, with the Quay at the top end of the medina River, and a mixed High Street of small traditional traders alongside national names.

A varied residential surrounding includes many Victorian character houses particularly in the vicinity of the renowned Carisbrooke Castle with estates having grown up around primary, middle and high schools.

The Newport office of Watson Bull & Porter occupies a prime central location on the High Street corner of St Thomas's Square and offers a range of properties in and around town, outlying villages including Brighstone, Shorwell, Chillerton, Rookley and Wootton Bridge. These all combine rural surroundings with easy access into Newport.

OFFICE DIRECTIONS

Walking from the central bus station, take Town Lane, across Pyle Street into St Thomas's Square. Walk past the rear of the church and our offices are to the right on the High Street corner.

Driving from the dual carriageway (Medina Way), take the lane for Newport Town Centre turn left at the third exit into East Street. Follow this road, going past Safeway and the bus station, keep in the right-hand lane and follow the road around into St James Street. At the traffic lights turn right into High Street. Go straight through the next set of traffic lights outside Boots and Watson Bull & Porter can be found on the right-hand side on the corner of St Thomas's Square and High Street.

Notes

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Disclaimer - Property reference WNT250355. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Watson Bull & Porter, Newport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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 Watson Bull & Porter, Newport on 01983 212538.

*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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