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.
FOR SALE BY NETWORK E
Leasehold: 95+ years unexpired. We are advised the ground rent is £10 pa and service charge £40 pcm, see legal pack for confirmation.
EXTERNAL VIEWING ONLY
Isle of Wight Council
Please contact Elliott Network Auctions on 01923 240420.
Generally speaking Guide Prices 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. 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.
This auction lot is now closed.
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