Large Detached Property with Sea Views and Development Potential (stp), Cowes, PO31 - Freehold
Guide Price £500,000 * Buyers Premium Applies
For sale by public auction.30/06/2021.
Auction venue: Now Accepting New Instructions.
Register on this lot today. The legal pack can be downloaded from our website, .
Town & Country Property Auctions are delighted to offer for sale by auction this impressive detached property which benefits from off road parking, sea views and development potential subject to planning.
The property is a former care home and is offered with vacant possession. Open Day Thursday 10th June from 12pm, please call to book your viewing.
Property features
Large Detached Ex-Care Home
. Off Road Parking
. Private Rear Garden
. Short Walk to the Sea & Local Shops
. Re-develop Potential (stp)
. Freehold
. Vacant Possession
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.
Buying with A mortgage / proof of funds
You must ensure that you have the ability to purchase the property before viewing. You will be asked to provide proof of funds if a cash buyer or a mortgage decision in principle if purchasing with a mortgage. If buying with a mortgage we suggest conducting a survey prior to the auction to ensure your lender is happy to lend. The winning bidder will be subject to paying our buyers premium and a 5% deposit which is non refundable.
Tenure
Freehold
unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 3%+VAT (subject to a minimum of £8,500+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).