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Madeira Road, Ventnor, PO383 bedroom house for sale

  • 2
  • 3
  • 1
£175,000 Guide price
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Main Features

  • FOR SALE BY ONLINE AUCTION
  • 6 WEEKS’ COMPLETION
  • Semi-detached
  • 3 bedrooms
  • Requires refurbishment
  • Vacant freehold
  • Potential for extension (STPP)
  • Investment potential

About this property

A vacant well-proportioned 3 bed semi-detached house requiring modernisation, offering good potential for improvement. Situated in a popular residential location with sea views, in close proximity to central Ventnor, seafront and Bonchurch Village. Offering good investment potential as holiday, or standard let. Please note: We understand the property has been historically underpinned.

Auction date

To be sold by online auction on Tuesday 30th April 2024 with a 6 WEEK COMPLETION, bidding will open at 10.00.

To view

Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk

Registration

All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure

Freehold with vacant possession Ground rent and service charge Please see legal pack for further details.

EPC rating

F

Council tax band

C - Isle of Wight

Legal pack

For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.

Guide prices

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

Additional fees

A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Pre-auction offers

These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

Please note

All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of Her Majesty's Stationery Office @ Crown copyright. All rights reserved, Licence no: 100020449.

Map

Branch

Ventnor

Marlborough House, 1 High Street, Ventnor, Isle of Wight, PO38 1RY

01983 855525

[javascript protected email address]

Opening hours

  • Monday08:30 - 17:30
  • Tuesday08:30 - 17:30
  • Wednesday08:30 - 17:30
  • Thursday08:30 - 17:30
  • Friday08:30 - 17:30
  • Saturday09:00 - 16:00
  • Sunday -

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