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Lot 6 Sold: £90,000

30 Clifford Street, Newport, Isle of Wight PO30 5AD

  • Photo1

Lot 6   Click here for addendum

Freehold 2 Bed House let on an Assured Tenancy
In the same ownership for over 17 years
6 Week Completion

Situation

Close to the junction with Drill Hall Road in this residential area located within close walking distance of Newport town centre.
Newport is the county town and main commercial centre of the Isle of Wight which runs regular ferry services to Portsmouth.

Property

A mid-terrace building comprising an unmodernised 2 Bed House planned on ground and first floors.

Accommodation¹

Believed to be 2 Bedrooms, Living Room, Dining Room, Kitchen, Bathroom/WC

GIA Approx. 764 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 Assured Tenancy to an Individual at a current rent of £6,240 per annum exclusive (£120 per week).

Note: 20 Clifford Street sold for £154,950 in March 2020 and 18 Clifford Street sold for £148,000 in August 2019 (source: www.zoopla.co.uk).

Enquire about this lot:

Photo of John Barnett

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

Photo of Elliott Greene

Elliott Greene
020 8492 9449
egreene@barnettross.co.uk

JOINT AUCTIONEER:
Athawes, Son & Co
Tel: 020 8992 0056   Ref: Mark Stevens
mark@athawes.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,000 plus VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.