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Lot 189 - Freehold Former Hotel Now Arranged As Two Large Maisonettes With Potential
Address
See address
Auction date
18 Sep 2025
Guide price
£150,000
Type
Other
Tenure
Freehold
EPC Rating
E
Status
Upcoming

Description
This notable freehold building is positioned at the intersection of St Johns Road and Monkton Street, near Ryde St Johns Road railway station. Initially constructed as the Terminus Hotel by the London, Brighton & South Coast Railway Company to support the neighboring railway station, it has since been repurposed into two spacious maisonettes.
The upper maisonette has been unoccupied for some years, while the lower unit retains an unusual feature: it incorporates space underneath a railway arch that was previously used as a gymnasium and a recording studio. The property requires extensive renovations but is regarded as an excellent opportunity for development into a single family home or multiple residential units, potentially as an HMO, subject to obtaining necessary consents. Access is available from Monkton Street.
The property offers a variety of rooms across three levels. The lower maisonette is equipped with both a bathroom and a shower room, while the upper one has been largely stripped out.
Lower Flat A and Upper Flat (70A) Deleted.
E & G
Isle of Wight Council. Tel: 01983 823552. Website: iow.gov.uk.
Last update: 29 Aug 2025