2 bed Flat For Sale £95,000
8 St. James Street, Newport, Isle Of Wight PO30

Freehold Terraced Building Consisting of a 2 Bedroom Flat & Commercial Lock Up Shop in Newport, Isle of Wight PO30 - Development Opportunity

Guide Price £95,000 * Buyers Premium Applies

For sale by public auction.25/02/2021.
Auction venue: Now Accepting New Lots - Register Your Property Today .

Register on this lot today. The legal pack can be downloaded from our website, .

Guide price: £95,000 to £105,000
Town & Country Property Auctions are delighted to offer for sale this well presented two bedroom maisonette with a vacant lock up shop and the freehold situated in Newport PO30.

The maisonette is currently let on a rolling contract with the option to continue or to serve notice to the tenants. The lock up shop is currently vacant and in need of light renovation and has potential (stp) to be converted into a further studio flat. The property is being sold with the freehold for the building, all details can be found within the legal pack.

Maisonette Property Features:
Two Double Bedrooms
. Separate Lounge
. Modern Kitchen/ Diner
. Large Modern Bathroom
. Currently Let for £650 Per Month (Rolling Contract)

Lock Up Shop Property Features:
Vacant Lock Up Shop
. Store to Rear
. Staff WC
. Potential to convert into a further studio flat (stp)
Arrange A viewing

Due to the covid-19 restrictions all viewers must wear protective gloves, face masks and follow social distancing rules when viewing this property. Children under the age of 18 are not permitted to view. To arrange a viewing please contact us.
Make A pre-auction offer

Pre-Auction offers are considered by the seller with flexible completion dates offered due to covid-19 restrictions (applies to pre-auction offers only). Please contact us for more information.

Tenure
Freehold

unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 2%+VAT (subject to a minimum of £3,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated).