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2 Bed Flat, Potential PLO/LOA, Ventnor, PO38 3BH £82,500

WROXALL HOUSE High Street, Ventnor, Isle Of Wight, PO38 3BH - a year ago
  1. Deal Search
  2. Ventnor
  3. PO38
  4. PO38 3BH
Leasehold
Auction
Negative Equity
ROI: 9%
68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Ventnor
  • More Deals in PO38
  • More Negative Equity Deals
  • More Negative Equity Deals in Ventnor
  • More Negative Equity Deals in PO38

Property History

Listed for £82,500

-31%

December 2, 2024

Sold for £108,000

2006

Sold for £46,000

2000

Sold for £20,000

1996

Description

For Sale By Auction on Thursday 30 January 2025

*Guide Price £82,500

Vacant Leasehold 2-Bedroom Second Floor Flat

Description
A purpose built second floor flat comprising, living room, kitchen, two bedrooms and bathroom, with communal gardens.

Situation
The property is situated in Wroxall Village, within easy access of local amenities. Portsmouth Portsea IOW Car Ferry Terminal connects Ventnor with Portsmouth/Portsmouth mainline train station with services to London Waterloo.

Location Pin (What3Words): splints.novelists.kings

Accommodation
Hallway
Lounge - 7.20 x 3.01
Kitchen - 2.70 x 2.30
Bedroom 1 - 3.60 x 3.60
Bedroom 2 - 3.60 x 2.50
Bathroom - 2.40 x 1.70
Storage
Total Floor Area - 67.03 sq.m.

NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO BUYERS PREMIUM OF £1,560 (INC VAT) AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY

Tenure
Leasehold 99 years from 29 September 1974 (approximately 48 years remaining)
Ground rent - £10/£25/£50/£100 every 25 years

Council Tax - Band A

EPC Rating - D

Agent Details

Austin Gray, Auction House Sussex

01273 109784

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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