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The Pitts, Ventnor, PO38

£90,000Leasehold

111

Key Information

Tenure:Leasehold
Service charge:Not available
Ground rent:Not available
Time remaining on lease:Not available
Council tax band:Not available
Broadband:up to 900Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

First floor apartment located in this beautiful period property
1 bedroom
Spacious living room
Communal gardens with sea views
Allocated parking
Close to beach and Ventnor esplanade
Tranquil location
Ideal holiday home/bolt hole
Long lease with 964 years remaining

Description

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £90,000 First-floor 1 bedroom apartment in a beautiful period property. Enjoys communal gardens with sea views and allocated parking.

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £90,000

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £90,000
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

This one-bedroom apartment is situated on the first floor of an attractive period property. The spacious living room provides ample space for relaxation or entertaining guests. The communal gardens offer sea views, providing a serene environment to enjoy the outdoors.

Allocated parking ensures convenience, making this an appealing choice for those seeking a second home.

Located in The Pitts, Ventnor, this apartment benefits from its proximity to the beach and Ventnor esplanade. The area is known for its tranquil atmosphere and natural beauty, making it an ideal location for those wanting a peaceful retreat. The property is well-suited as a holiday home or bolt hole due to its convenient location and serene surroundings.

The long lease of 964 years adds significant value to this leasehold property, providing peace of mind for future ownership. Whether you're looking for a personal getaway or an investment opportunity, this apartment offers both comfort and practicality. Don't miss the chance to own a piece of this charming location; contact us today to learn more.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Arrange Viewing

St Catherine's School
(0.81 miles)
Good
Number of pupils: 71
Age Range: 7 - 19
The Island Free School
(1.29 miles)
Good
Number of pupils: 621
Age Range: 11 - 16
St Francis Catholic and Church of England Primary Academy
(1.37 miles)
Good
Number of pupils: 230
Age Range: 4 - 11
Wroxall Primary School
(1.78 miles)
Requires improvement
Number of pupils: 129
Age Range: 2 - 11
St Blasius Shanklin CofE Primary Academy
(2.05 miles)
Good
Number of pupils: 197
Age Range: 5 - 11
Gatten and Lake Primary School
(2.68 miles)
Good
Number of pupils: 204
Age Range: 5 - 11
Broadlea Primary School
(3.25 miles)
Good
Number of pupils: 346
Age Range: 5 - 11
Godshill Primary School
(3.83 miles)
Good
Number of pupils: 135
Age Range: 2 - 11
The Bay Church of England School
(4.18 miles)
Good
Number of pupils: 1281
Age Range: 4 - 16
Niton Primary School
(4.26 miles)
Good
Number of pupils: 198
Age Range: 5 - 11

Property Calculators

If you would like to learn more about how we can help with your mortgage please visit our mortgage page.

Mortgage

Estimated Monthly Mortgage Payment:
£450 /mo.25 Years, 4.5% Interest
Loan
£81,000
Total Repay
£135,067

Land Transaction Tax

You’ll have to pay the land transaction tax of:
£0
0% up to £90,000
Your effective land transaction tax is 0%

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