Property Auctions - auction property for sale isle of wight

Auction date: Wed, 26/03/2025 - 07:30

Guide Price £200,000. A substantial derelict corner building requiring complete modernisation understood to have been previously arranged as four shop units, a ground floor commercial office and two floor upper parts with potential for re-development subject to the necessary consents being obtained. Benefits from yard at rear, Leasehold for a term of 955 years from 11th November 1904 (thus having approximately 834 years unexpired). Vacant possession.

Auction date: Thu, 20/03/2025 - 11:00

Guide Price £30,000. This three bedroom bungalow offers extensive accommodation but, sadly, has suffered from structural damage. Benefits from gardens and garage. Freehold with vacant possession.

Auction date: Thu, 20/03/2025 - 11:00

Guide Price £220,000 - £240,000. A freehold former hotel now arranged as two large maisonettes. While in need of significant upgrading and refurbishment, it is considered that the building is very worthy of the works required, beyond which there is scope and potential for a splendid single family dwelling or for conversion into a number of residential units, subject to all necessary consents being obtainable. The building enjoys the benefit of rear pedestrian and vehicular access. 

Auction date: Thu, 20/03/2025 - 11:00

Guide Price £70,000. This purpose built two-bedroom second floor flat is offered vacant. The apartment has the benefit of en-suite facilities to the main bedroom and is considered ideal for owner occupation or addition to an income producing letting portfolio. In addition to the attractive internal accommodation, the flat has the added advantage of an allocated car parking space. 

Auction date: Thu, 20/03/2025 - 11:00

Guide Price £150,000. This is an attractive two bedroom semi-detached property with small raised garden to the rear. The home is nicely presented and whilst in need, perhaps, of some cosmetic improvement and repair, the house is considered ideal for future use by an owner occupier or perhaps for addition to an income-producing letting portfolio. An alternative use may be to put the property to use as a holiday home, either by the new owner or perhaps on a more commercial holiday letting basis.

Auction date: Thu, 20/03/2025 - 11:00

Guide Price £220,000 - £230,000. This freehold two bedroom bungalow has been refreshed since last in use as a traditional letting investment, and it is considered the property has scope and potential for use by an owner occupier for its income-producing potential, or holiday use. Gardens and driveway/car parking to front. Garage to side and enclosed rear garden. Freehold with vacant possession.

Auction date: Thu, 20/03/2025 - 11:00

Guide Price £95,000. This three-bedroom semi-detached house has suffered some structural movement. The property has attractive sea views from the first floor and is considered ideal for owner occupation, traditional letting or holiday use, either by an owner or on a more commercial basis. Freehold with vacant possession.

Auction date: Thu, 20/03/2025 - 11:00

Guide Price £280,000 - £300,000. This impressive freehold building comprises a chemist shop on the ground floor, which has been sold off under the terms of a long lease with the long lessees contributing to the building insurance and maintenance via a service charge. The upper floors have been converted into four self-contained residential flats, all of which are let under the terms of Assured Shorthold Tenancy Agreements and producing a very healthy and worthwhile income stream. Currently let at £29,640 per annum. 

Auction date: Thu, 20/03/2025 - 11:00

Guide Price £370,000 - £390,000. This splendid Victorian building comprises residential accommodation arranged as nine flats. All of the flats offer one-bedroom accommodation and all nine are at present let, many to longstanding tenants under the terms of Assured Shorthold Tenancy Agreements. Currently let at £48,469.96 per annum. The building is considered ideal for addition to an income producing letting portfolio. 

Auction date: Thu, 20/03/2025 - 11:00

Guide Price £220,000 - £240,000. These attractive and imposing buildings formerly served as a doctors surgery and health centre, with extensive consulting rooms over two floors. Unusually, the property further benefits from a large garage, accessed from the side of the building, providing covered car parking for several vehicles and with direct access to the rear of the building. To the rear there is an enclosed garden featuring a magnificent copper beech tree. It is considered that the buildings could continue in their existing commercial guise or there is significant scope and potential for alternative uses, subject to all necessary consents being obtainable. The site extends to 0.09 hectares (0.21 acres). Freehold with vacant possession.