Lot 8 Click here for addendum
2 Bed Flat let on a Regulated Tenancy
In the same ownership for over 20 years
6 Week Completion
Situation
Opposite the junction with Ward Avenue 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
Forming part of a purpose built apartment block comprising an unmodernised Self-Contained 2 Bed Flat on the second floor. The property includes a balcony at the rear with a sea view.
Accommodation¹
Second Floor Flat
Believed to be 2 Bedrooms, Living Room, Kitchen, Bathroom/WC
GIA Approx. 495 sq ft
¹Not inspected internally by Barnett Ross. Area taken from EPC.
VAT is NOT applicable to this Lot
Tenure
Leasehold for a term to expire on 31st March 3009 at a fixed ground rent of £10 p.a. PLUS SHARE OF FREEHOLD.
Tenancy
The property is let on a Regulated Tenancy to an Individual at a current rent of £5,980 per annum exclusive (£115 per week).
Effective Date of Registration 11th August 2019