2 bed terraced house for sale

George Street, Sandown, Isle Of Wight PO36

Offered to the market 'chain free' is this 2 bedroom cottage set back from the road in a quiet spot in Sandown. The property is just a 5 minute walk from the High St amenities as well as the golden sandy beach. The front gate to the cottage leads into a good size and well enclosed garden, ideal for enjoying the afternoon sun. A useful entrance porch leads into the open plan living and dining area to the ground floor with a separate kitchen and bathroom to the rear along with a small courtyard. The upper floor comprises 2 good size bedrooms. The cottage also benefits from double glazing and gas central heating. This would make an ideal investment property or even a holiday home/holiday letting property although there is need for some minor decorative work initially. (Part of the property at the rear we understand to be of 'single skin construction' which may limit mortgage lending)
leasehold: 900 years from 25 March 1859 (733 years remaining)
No ground rent of fees payable

Council tax band: A

Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction
within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation
Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable
consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation
cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Please call us to discuss this route of purchasing.