Block of Flats for Auction Sandown PO36

Auction Date 06 February 2025
Guide Price £250,000
Property Summary

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.

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