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Get brand editions for Watson Bull & Porter, Ryde

Melville Street, Isle of Wight, PO33

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Floorplan
1

Key features

  • Investment property with 'tenant-in-situ' Sea views
  • Alloated parking space
  • Communal drying area
  • Close to town and sea front
  • Good rental yield

Description

Offered to the market 'chain free' as an investment property with 'tenant-in-situ' is this 2 bedroom, first floor apartment set in the heart of Ryde town centre, just a 2 minute walk from all the shops and amenities. The flat boasts sea views and an allocated parking space below the building. The flat offers a large lounge with bay window, a good size kitchen, 2 double bedrooms and the bathroom. The flat also comes with a good level of storage as well as double glazing and gas central heating. The property has successfully been used as a rental investment for many years with a very good return achieved and the current tenant is happy to stay. A communal drying area is available to all residents with steps leading down into the parking area and the allocated space and an additional storage cupboard. The seafront and main bus and train station are within a 5 minute walk offering easy access to other parts of the Island or to the mainland.
SHARE OF FREEHOLD
SERVICE CHARGE: £900pa
NO GROUND RENT PAYABLE




COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Melville Street, Isle of Wight, PO33

Approximate location
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Affordability

Monthly repayments£702
Property: £ 139,950
Deposit: £ 13,995
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Watson Bull & Porter, Ryde

9 High Street, Ryde, Isle of Wight, PO33 2HN
Industry affiliations:

Watson Bull & Porter serves the Isle of Wight with comprehensive property services across the island. Established in 1850, the team combines deep‑rooted local expertise with a personalised approach, guiding you confidently through every stage of your property journey.

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Disclaimer - Property reference WRE250605. 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, Ryde. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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