Studio Flat For Sale £65,000
Flat 2 Wrafton House, 46 Melville Street, Ryde, Isle Of Wight, PO33 2AE

Air BnB Allowed - Vacant Modern Studio Flat in Ryde with High Rental Potential, Flat 2 Wrafton House, 46 Melville Street, Ryde, Isle Of Wight, PO33 2AE - Long Lease and Vacant Possession

Guide Price £65,000 * Buyers Premium Applies

For sale by public auction.unconditional online auction.

.
.

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 public auction 2 Wrafton House is perfectly positioned for easy access to both the busting town centre at Ryde and its renowned extensive beaches. Less than 100 yards from the shops this imposing building is part of central Ryde's architectural heritage and well worthy of its grade 2 listing.

Flat 2 is a beautifully presented ground floor studio flat ideally suited to those hankering for a 'latch-key' style of property readily convenient and easy to lock-up and leave when needed. The proximity from the town centre shops and Ryde's sandy beaches offers added attraction as a holiday home and holiday rental sector. The layout includes a sizeable multi-purpose living/dining/bedroom space with west facing windows. There is a separate smart modern kitchen and a shower room to complete the internal arrangement. A pillared entrance leads to the communal parking area from Melville Street, guest and visitors will find additional parking within Melville Street. Ryde has one of the best selections of retail shops and services found anywhere on the Island and these will be almost on your doorstep. Asides from its beaches Ryde is particularly well known for its iconic pier and regular passenger crossings to mainland Portsmouth and Southsea.

Communal Facilities - Lawned communal grounds sweep around this impressive building on three sides. Perimeter fences or stone walls enclose the grounds from the surroundings. There is plenty of space to the south facing sunny side of the building for residents to use and enjoy. A large mature tree is prominent within the frontage offering welcomed screening from the Melville Street. Dustbin storage area.

PROPERTY FEATURES
. Studio Flat
. Open Plan Living Space
. Separate Kitchen
. Modern Kitchen & Shower Room
. Large Communal Garden
. New lease of 125 Years
. Annual service charge: £950 every six months
. Service Charge Has Recently increased
. Council Tax Band: A
. Holiday lettings are permitted
. No pets allowed
. Rental Value Per Month: £750
. 28 Day Completion

The property is available for viewing immediately. 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.

PRE-AUCTION OFFERS ARE CONSIDERED The seller of this property would consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but 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, proof of your ability to purchase the property and complete our auction registration processes online.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 2%+VAT (subject to a minimum of £5,000+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).

Pre Auction Offers Are Considered
The 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, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.