Lot 1 Click here for addendum
Freehold 2 Bed House let on an AST
In the same ownership for over 20 years
6 Week Completion
Situation
Close to the junction with Victoria Road in this residential area located within walking distance of Cowes town centre and Harbour.
Cowes is located on the A3020 and is one of the main seaside towns on the north coast of the Isle of Wight which runs regular ferry services to Portsmouth.
Property
A mid-terrace building comprising a 2 Bed House planned on ground and first floors.
Accommodation¹
Believed to be 2 Bedrooms, Living Room, Dining Room, Kitchen, Bathroom/WC
GIA Approx. 925 sq ft
¹Not inspected internally by Barnett Ross. Area taken from EPC.
VAT is NOT applicable to this Lot
FREEHOLD
Tenancy
The entire property is let on an AST to an Individual for a term of 1 year from 28th July 2018 (holding over) at a current rent of £8,700 per annum exclusive.
Note 1: There is an £800 Rent Deposit held.
Note 2: 4 Anzac Cottages sold for £214,000 in June 2018 and 126 St. Mary's Road (diagonally opposite) sold for £240,000 in September 2020 (source: www.zoopla.co.uk).