£139,950

2 bed flat for sale
Melville Street, Isle Of Wight PO33

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: B

Just added
Chain free
Share of Freehold
Added on 11/07/2026

About this property

  • Investment property with 'tenant-in-situ' Sea views

  • Alloated parking space

  • Communal drying area

  • Close to town and sea front

  • Good rental yield

Offered to the market 'chain free' as an investment property with 'tenant-in-situ' is this 2 bedroom, first floor apartment set in the heart of Ryde town centre, just a 2 minute walk from all the shops and amenities. The flat boasts sea views and an allocated parking space below the building. The flat offers a large lounge with bay window, a good size kitchen, 2 double bedrooms and the bathroom. The flat also comes with a good level of storage as well as double glazing and gas central heating. The property has successfully been used as a rental investment for many years with a very good return achieved and the current tenant is happy to stay. A communal drying area is available to all residents with steps leading down into the parking area and the allocated space and an additional storage cupboard. The seafront and main bus and train station are within a 5 minute walk offering easy access to other parts of the Island or to the mainland.
Share of freehold

Service charge: £900pa
No ground rent payable

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Monthly repayment

£700 per month

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More information

  • Tenure

    Share of freehold

  • Service charge

  • Council tax band

    B

  • Commonhold details

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Watson Bull & Porter - Ryde Sales

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