For Sale By Auction | 10:30, 28 July 2021 | Lot 29

Flat 19 Ashcombe Court, 40 Victoria Avenue, Shanklin, Isle of Wight, PO37 6LS

Sold £45,000

  • Flat
  • 1 Bedroom
  • Tenure: Long Leasehold. The property is held on a lease for a term of 925 years from 25th March 2000 (thus having approximately 906 years unexpired) at a current ground rent of £25 per annum.

Call the team on 020 7625 9007 for more information

Auction Date

Wed 28/07/2021

Auction Time

10:30

Auction Venue

Live Stream

A First Floor One Bedroom Flat Subject to a Life Tenancy at Nil Rent

The property comprises a first floor one bedroom flat situated within a popular development arranged over ground and first floors.

Tenure

Long Leasehold. The property is held on a lease for a term of 925 years from 25th March 2000 (thus having approximately 906 years unexpired) at a current ground rent of £25 per annum.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Shanklin Beach are within easy reach. Transport links are provided by Shanklin rail station.

Accommodation

First Floor Reception Room Bedroom Kitchen Bathroom

Exterior

The property benefits from communal gardens and allocated off-street parking.

Tenancy

The property is subject to a Life Tenancy at nil rent.

The property has not been inspected by Auction House London. All information has been supplied by the vendor.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.