Property Auctions - sandown
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 £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 £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, 20/02/2025 - 12:00
Guide Price £220,000. A freehold tenanted detached four bedroom chalet bungalow currently producing £10,200 per annum. Driveway providing parking for two cars to the front, rear garden.
Auction date: Thu, 06/02/2025 - 11:00
Guide Price £395,000. Freehold block of nine flats for investment. 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. The building is considered ideal for addition to an income producing letting portfolio. There is parking on the front forecourt for several vehicles and a courtyard-style rear garden provides communal space and a clothes drying area.
Auction date: Thu, 06/02/2025 - 11:00
Guide Price £250,000+. The property was originally constructed as accommodation for high ranking military officers. It later became a hotel before being converted to form six large self-contained rental apartments, producing investment income. In recent years, the building has suffered from some structural movement, particularly to the front bay window area, though it is considered that the building is very worthy of the repairs required to continue its use as an income producing investment. Freehold with vacant possession.
Auction date: Wed, 24/07/2024 - 11:00
Guide Price £85,000 - £95,000. This three-bedroom maisonette is located close to local amenities. The property is well presented throughout and would benefit from some modernisation, following which it would be ideally suited to an owner occupier or addition to an investment-producing portfolio. Leasehold with vacant possession.
Auction date: Wed, 24/07/2024 - 11:00
Guide Price £150,000. This freehold three bedroom cottage requires a significant amount of repair and refurbishment but is considered very worthy of the improvements. The living accommodation extends to two reception rooms and a large kitchen breakfast room on the ground floor while on the first floor are three bedrooms. The cottage sits on a plot 0.05 hectares (0.13 acres) which includes a workshop and adjoining timber store to the rear. Gardens to side and rear.
Auction date: Wed, 12/06/2024 - 11:00
Guide Price £85,000. Most recently the ground floor of this town centre building served as offices. The vacant ground floor extends to 223 square metres (2,400 square feet).
Auction date: Wed, 01/05/2024 - 11:00
The ground floor of this town centre building served as offices. The first floor of the building has been converted into a residential dwelling which has been sold on a long leasehold.