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Lot 143 - First Floor Flat For Investment

Lot 143 - First Floor Flat For Investment

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Auction date

11 Dec 2025

Guide price

£82,500

Type

Flat

Tenure

Leasehold

EPC Rating

C

Status

Ended

Auction location placehbolder

Description

This leasehold first floor flat is situated in the popular area of Lake, positioned between Sandown and Shanklin. Currently let, it provides a steady income making it a suitable addition to any investment portfolio.

Complete with an entrance hall, living room, kitchen, two bedrooms, and a bathroom with W.C.

The property benefits from communal gardens and parking facilities.

Let on an Assured Shorthold Tenancy Agreement, currently generating a rental income of £850 monthly.

Remaining portion of a 999-year lease from March 28, 2023, inclusive of a share of the freehold.

Last update: 20 Nov 2025

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