Union Road, Ryde, Isle of Wight, PO33 2FR

Being sold chain free and Situated just 200 yards from Ryde seafront and Ryde High Street, this well presented 1 bedroom split level maisonette benefits from fantastic sea views and is located in a very convenient location close to all shops, amenities, bus and train stations as well as the ferry links to the mainland. The layout comprises an open plan kitchen and living room with dual aspect windows letting in lots of natural light. The large bedroom with fitted wardrobes and the modern bathroom are downstairs in this split level property. The sea views include glimpses of the ferry ports and all passing traffic in this very busy part of the Solent. The property comes complete with gas central heating and double glazing. This would make an ideal purchase for first time buyers, buy to let investors or indeed as a holiday home. COUNCIL TAX BAND A

LEASEHOLD : 165 Years remaining Ground rent: £50pa Service Charge: £750pa

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.