West Point, 1 Vernon Square, Ryde... 11 bed block of apartments for sale

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West Point, 1 Vernon Square, Ryde... 11 bed block of apartments for sale

West Point, 1 Vernon Square, Ryde, Isle Of Wight
£795,000

Our Summary

  • Residential EPC: DImportant:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
  • Auction Date : 18 September 2025
  • For Sale by Online Auction

Description

This impressive semi-detached building, West Point, is situated in a desirable location overlooking Vernon Square and offering sea views from the upper floors. The property is a short walk from Ryde's town center, with its shops, amenities, and transportation links. The building was converted in the 1990s into seven apartments, ranging from one to two bedrooms, with car parking available at the front and side. The apartments are let on Assured Shorthold Tenancies, generating a total rental income of £4,240 per month, with rent increases planned for some of the flats. The property is considered ideal for adding to a rental portfolio, with a strong potential for long-term income growth.