Flat 3 Clarendon Press, Market... 2 bed flat for sale

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Flat 3 Clarendon Press, Market... 2 bed flat for sale

Flat 3 Clarendon Press, Market Street, Ventnor, Isle Of Wight, PO38 1HF
£60,000

Our Summary

  • Guide Price £60,000 to £80,000 * Buyers Premium AppliesFor sale by public auction
  • unconditional online auction
  • Town & Country Property Auctions are delighted to offer For Sale by Public Auction this two bedroom first floor flat in the popular coastal town of Ventnor
  • The property will be entered into our 10th December auction which is held online and starts at 10am
  • Please contact Town & Country Property Auctions for more information and to register for the auction
  • The auction will be held online, and registration is now open
  • The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated)
  • Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date
  • All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
  • To make a pre-auction offer we will require two forms of ID,
  • Great investment opportunity

Description

This two-bedroom first-floor flat in Ventnor is being sold by public auction, with a guide price of £60,000 to £80,000. The property, which is offered with vacant possession, features an entrance hall, open-plan lounge kitchen, two bedrooms, and a bathroom. With a market value of £125,000 and a rental value of £750 per month, this is a great investment opportunity. The property is leasehold, with a remaining lease of 104 years and an annual ground rent of peppercorn. The annual service charge is £783.48. Viewings are highly recommended and can be arranged by contacting Town & Country Property Auctions. The auction will be held online, and registration is now open. A £5,000 or 5% deposit and a 3%+VAT (minimum of £6,500+VAT) buyers premium will be required upon the fall of the hammer, and contracts will be exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell.