Lot 98 - 25A Madeira Road, Ventnor, Isle Of Wight

PO38 1QS

Clive Emson Online Auction describes this property as: This first floor flat offers three double bedroom accommodation and stunning sea views and is sited in Madeira Road, which is situated a short distance from Ventnor’s pretty and popular town centre. While requiring some updating, the flat is very habitable and is considered ideal for future use by an owner occupier, as a letting investment, or potentially as a holiday home or weekend retreat for use by the new owner. Outside of the property there is a terraced garden to the rear, which also enjoys lovely views and the scope to add a parking space outside of the back gate. Accommodation. Lobby, landing, living room, dining room, kitchen, three bedrooms and bathroom with W.C. Outside. Terraced garden to the rear and rear pedestrian access to Spring Gardens. Auctioneer’s Note. We are advised that a car parking space at the rear of the property is available by separate negotiation with an adjoining property owner. Potential purchasers should rely on their own enquiries. Tenure. Remainder of a 999 year Lease from 23 January 1976 at a current ground rental of £5 per annum. Leasehold with Vacant Possession

Auctioneer's Lot page

£120,000 – £130,000

Guide Price

  • FLAT

  • 3 Bedrooms

The Local Area

  • £206,250

    Average Sale Price

    View Data
  • £211,230

    Average Asking Price

    View Data
  • £259

    Average Weekly Rental Income

  • 6.4%

    Annual Yield

  • £218

    Average Asking Price per Sq Ft

  • £184

    Average Sale Price per Sq Ft