Lotu.uk

 - UK Property Auctions

Freehold Block Of Five Flats For Investment And Large Workshop/store With Potential

Freehold Block Of Five Flats For Investment And Large Workshop/store With Potential

Address

16 Surbiton Grove, Ryde, Isle Of Wight, PO33 1EB, England

Auction date

12 Jun 2025

Guide price

£330,000

Type

Other

Tenure

Freehold

EPC Rating

C

Auctioneer

Clive Emson

Description

This freehold property comprises a block of five flats, currently generating an annual income of £24,780. Each flat is separately metered for gas, electric, and water, with the ground floor flats having dedicated gardens. The property also includes a sizable workshop/store which offers potential for redevelopment. Conveniently located near local amenities and transport links, it presents an attractive investment opportunity.

  • Flat 1: Lower Ground Floor Front, includes living room, kitchen, and bedroom.
  • Flat 2: Lower Ground Floor Rear, includes living room and bedroom.
  • Flat 3: Upper Ground Floor, includes entrance hall and living room.
  • Flat 4: First Floor, includes living room and kitchen.
  • Flat 5: Top Floor, includes entrance hall and living room.

Last update: 10 Jun 2025

Similar property auctions: