25A Madeira Road, Ventnor, Isle Of Wight - PO38 1QS

Guide Price: £120,000 – £130,000

Beds: 3
Type: FLAT
Tenure: No data

Past Auction - See Local Market Data For Sales Info

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Property Details

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. ...

Auction Details

Auctioneer:
Clive Emson Online Auction
Auction date:
TBA - 23 Sep 2020
Venue:
Remote Bidding

For viewings, biddings or more information:

Go to the Clive Emson Online Auction Website

Local Market Data

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The following data is based on a 3 bedroom FLAT. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average sold price:

£206,250

Average asking price:

£211,230

Average price per sq/ft:

£184
Date Price Address Distance (miles)
03 Jun 2020 £183,000 31, Hildyards Crescent, PO37 7EY 3.36
26 May 2020 £295,000 23b, Monckton Road, PO12 2BG 13.05
22 May 2020 £192,000 8, Dover Street, PO33 2AQ 9.43
24 Apr 2020 £205,000 The School House, Bridge Road, PO32 6TU 11.84
03 Apr 2020 £150,000 77a, Brockhurst Road, PO12 3AR 14.55
18 Dec 2019 £165,000 31, Whitepit Lane, PO30 1LX 7.97
29 Nov 2019 £235,000 Wordsworth Mansions, 2, Apartment 7, Whitecroft Park, PO30 3DW 7.09
20 Nov 2019 £190,000 6, Copse Lane, PO13 0DH 15.17
10 Oct 2019 £295,000 2, Cormorant Walk, PO13 0RP 15.55
04 Oct 2019 £350,000 15d, Crescent Road, Alverstoke, PO12 2DH 13.04
17 Sep 2019 £325,000 Seaview Court, 43, Flat 2, Marine Parade East, PO13 9BA 13.91
05 Sep 2019 £136,000 Regency House, 4b, Spencer Road, PO33 2NZ 9.40
02 Sep 2019 £198,000 6, Albacore Close, PO13 8GG 13.99
20 Aug 2019 £275,000 5, Medina Breeze Walk, Binfield, PO30 2GS 9.54
22 Jul 2019 £300,000 Seaview Court, 43, Flat 1, Marine Parade East, PO13 9BA 13.91
01 Jul 2019 £189,500 111, Arthur Street, PO33 3BT 9.00
27 Jun 2019 £69,000 31, George Street, PO33 2EW 9.46
17 May 2019 £200,000 14, Old Road, PO12 1RE 13.66
15 May 2019 £195,000 76a, Pellhurst Road, PO33 3BS 8.84
23 Apr 2019 £160,000 29a, Landguard Manor Road, PO37 7HZ 2.76

The following data is based on a 3 bedroom FLAT. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average weekly rental: £259

Average yield: 6.4%

Weekly Rent Bedrooms Property Type distance (miles)
£196 3 flat 7.87
£167 3 flat 8.48
£144 3 flat 11.82
£219 3 flat 13.68
£277 3 flat 13.83
£288 3 flat 13.86
£277 3 detached_house 13.92
£277 3 flat 13.93
£346 3 flat 13.93
£237 3 flat 14.06
£254 3 flat 14.07
£277 3 flat 14.07
£273 3 flat 14.13
£249 3 flat 14.19
£183 3 flat 14.20
£288 3 flat 14.22
£242 3 flat 14.23
£231 3 flat 14.23
£312 3 flat 14.24
£277 3 flat 14.28