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

  • Network E Sale
  • Guide Price* : £43,750

A lifetime tenancy investment - 2 bedroom, first floor apartment with private garden.

Description/Location:

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.

Auction Date

FOR SALE BY NETWORK E

Accommodation:

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

Tenure:

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

VAT

EXTERNAL VIEWING ONLY

Local Authority:

Isle of Wight Council

Enquiries:

Please contact Elliott Network Auctions on 01923 240420

* Guide Prices & Reserves

Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Agreements

Office Contact

Please contact Elliott Network Auctions on 01923 240420

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