Lot 127
Available at £80,000
4 Jellicoe House
52 High Street, Ventnor, Isle of Wight
PO38 1LT
Of interest to investors. A first floor one bedroom flat let on an Assured Shorthold Tenancy conveniently located in the town centre. Investment let at £5,700 per annum.
By Order of Tesco plc
Tenure
Leasehold. 125 years (plus 10 days) from 11th July 2014. Ground rent a peppercorn.
Location
  • Ventnor is a seaside resort and civil parish established in the Victorian era on the south-east coast of the Isle of Wight, England, eleven miles from Newport. It is situated south of St Boniface Down, and is built on steep slopes leading down to the sea
  • The property is located on High Street, between the junctions with Market Street and Spring Hill
  • Shopping facilities, as well as a range of bars and restaurants, are immediately available on High Street
  • Leisure facilities can be found at Ventnor Botanical Park
Description
  • A first floor flat
  • Forming part of a mid terrace building
  • Presented in reasonable decorative condition
Accommodation
  • First Floor – Reception Room/Kitchen, Bedroom, Bathroom/WC
  • GIA approximately 440 sq ft
Tenancy
12 month Assured Shorthold Tenancy from 9th May 2018 at £475 per calendar month
Total Current Rent £5,700 per annum
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