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Monkton Street, Ryde, Isle of Wight

PROPERTY TYPE

Detached

BEDROOMS

4

BATHROOMS

3

SIZE

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

Freehold

Key features

  • Ideally located close to town and beaches.
  • Three self-contained one-bedroom flats.
  • Ground floor flat with private entrance and garden.
  • Excellent rental or holiday letting potential.
  • Potential to convert into a four or five-bedroom family home, subject to consents.
  • Floorplans are for guidance only and may not be accurate.

Description

Situated in an ideal location close to the town centre and beautiful nearby beaches, this attractive and versatile property presents an excellent investment opportunity, currently arranged as three separate flats (one 2 bedroom and two 1 bedrooms) within a single building. Offering accommodation across three floors, the property has great potential for investors seeking to generate rental income or explore holiday letting opportunities, subject to any necessary permissions.
Alternatively, the property could offer the opportunity to reconfigure the existing layout and convert it back into a substantial four or five-bedroom family home, subject to the necessary consents and any building regulations requirements. This flexibility makes it an appealing prospect for a range of buyers, whether looking for an investment opportunity or a spacious residential property.
Ground Floor Flat
The ground floor flat benefits from its own private entrance and private garden, creating an appealing sense of privacy. The accommodation comprises of two bedrooms, a bathroom and a comfortable living room, making it an attractive option for tenants or holidaymakers alike.
First Floor Flat
The first floor flat offers a well-arranged layout comprising one bedroom, a shower room, a kitchen and a separate living area, providing practical and comfortable accommodation.
Top Floor Flat
The top-floor flat features one bedroom, a shower room, a kitchen and a living room, creating a self-contained living space with plenty of potential.

A Versatile Property with Excellent Potential
Ideally positioned within easy reach of local amenities, the town centre and nearby beaches, this property offers a wealth of possibilities. Whether you are looking to establish a rental portfolio, explore the holiday accommodation market or reconfigure the building to create a spacious four or five-bedroom family home, this is a property with plenty of scope to suit a variety of needs.
Early viewing is highly recommended to appreciate the location, flexibility and potential this unique property has to offer.

Please Note: Any conversion or alteration to the existing layout would be subject to the necessary planning permissions, building regulations approval and any other relevant consents. The floorplans are provided for illustrative purposes only and may not be to scale or accurately reflect the property's layout or dimensions. All measurements and floorplans should be treated as a guide and independently verified by prospective purchasers.

Brochures

Particulars
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: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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Energy performance certificate - ask agent

Monkton Street, Ryde, Isle of Wight

Approximate location

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Affordability

Monthly repayments£1,462
Property: £ 295,000
Deposit: £ 29,500
Interest rate: 5.22%
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 Hose Rhodes Dickson, Ryde

37 Union Street Ryde PO33 2LE
Industry affiliations:

As the Isle of Wight's largest estate agency, Hose Rhodes Dickson continue to offer friendly service and local knowledge throughout our 7 branches.

Our broad base of property expertise includes:

Isle of Wight property sales with offices in Newport, Ryde, Shanklin, Ventnor, Cowes, East Cowes and Freshwater

Competitively priced property Surveys and Valuations by RICS Chartered Surveyors

Residential Lettings - renting and managing property

Commercial Property and Hotels

Mortgage and Financial Advice

Isle of Wight Self Catering Holidays

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Disclaimer - Property reference RYD260213. 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 Hose Rhodes Dickson, 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.