Lot 101 - Impressive Six-bedroom Detached House For Improvement Or Development
Cyprus House, Victoria Avenue, Isle Of Wight, PO37 6LS
Guide Price: *
£575,000
Fees apply
Buyer's fee:Check legal pack
All fees include VAT at 20%
Holding Deposit: *£5,000
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£575,000Bid history
1 bidA
03/06/2024 11:43:54 - £575,000
This detached property sits at the end of a driveway accessed off Victoria Avenue in the popular town of Shanklin on the Isle of Wight, close to local schools, businesses and a short drive from Shanklin's sandy beaches with excellent road network access to the rest of the Island.
The property sits on a plot of 0.24 hectares (0.59 acres) and offers a flexible mixture of accommodation over four floors, including six bedrooms. Four of the bedrooms have en-suite facilities and there is access to an attractive terrace from the bedrooms and many reception rooms overlooking the impressive garden. On the lower level there is a games room, further storage rooms, an additional shower room and a play room which has the foundations already dug for the installation of a swimming pool under the timber floor which has access to the patio and gardens.
There is ample parking on the driveway at the front with vehicular access available directly into the garden.
The property requires a significant programme of refurbishment but is worthy of such a scheme, after which it could be a splendid family home or weekend retreat. Alternative uses such as guest house accommodation, holiday home let, rental investment or perhaps site re-development to offer multiple dwellings may be possible, subject to all necessary consents being obtainable.
Ground Floor
Play room, games room, shower room, storage rooms and outside storage under the arches.
Mezzanine Level
Storage room.
First Floor
Kitchen, utility room, dining room and two reception rooms.
Second Floor
Entrance hall when accessed from the front drive, bedroom/office, W.C.
Third Floor
Four bedrooms with en-suite facilities and fifth single bedroom.
Outside
Driveway to front with parking and garden to rear with South facing veranda running the length of the house with steps leading directly to the garden. Jacuzzi room with 6-8 person jacuzzi.
Local Planning Authority
Isle of Wight Council. Tel: 01983 823552. Website: iow.gov.uk.
Council Tax Band F
Freehold with Vacant Possession
Summary
- Lot number
- 101
- Auction end
- 3rd Jun at 11:55
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 5+
- Bathrooms
- 3+
- Council tax band
- Ask Agent
Summary
- Lot number
- 101
- Auction end
- 3rd Jun at 11:55
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 5+
- Bathrooms
- 3+
- Council tax band
- Ask Agent
This property is being sold by:
Clive Emson - Hampshire, Dorset, Wiltshire & Isle of Wight
01489 564606
Unit 14, Fulcrum 2, Solent Way, Whiteley, Fareham, Hampshire, PO15 7FN
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Clive Emson Auctioneers shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Clive Emson Auctioneers. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
