£330,000

6 bed block of flats for sale

  1.  Front View Of The Block
  2.  Rear View Of The Building And Parking
  3.  Balcony To The Rear
Auction
Freehold

Guide price

£330,000

6 bed block of flats for sale

Dundas House, 32 The Strand, Ryde, Isle Of Wight PO33

6 beds

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • St Mary's Catholic Primary School 0.3 miles
  • Dover Park Primary School 0.3 miles
  • Ryde Hoverport 0.4 miles
  • Ryde Esplanade 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • For Sale by Online Auction
  • Auction Date : 24 July 2024
  • Lot Number : 97
  • Freehold Block Of Six Flats For Investment With Parking To The Rear
  • Residential Investment
  • Freehold
  • Current Rental : £21,840 Per Annum
  • *Guide Price : £330,000 - £350,000 + Fees
Dundas House is an attractive building situated a short walk from Ryde Esplanade, giving access to the splendid sandy beach with views over the Solent beyond and ferry and hovercraft connections to Portsmouth.

The building is arranged as six self-contained flats, each separately assessed for Council Tax and with independent electricity and water supplies. Offering a mix of one and two-bedroom units, the property is considered ideal for addition to an income-producing investment portfolio.

Lower Ground Floor
Flat 6
Entrance hall, living room, two bedrooms, kitchen and bathroom with W.C.

Tenancy
Currently vacant. Previously let at a rent of £140 per week.

Council Band B

Ground Floor
Flat 2
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £100 per week.

Council Band B

Flat 3
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.

Outside
Patio garden accessed via the living room.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £120 per week.

Council Band A

First Floor
Flat 4
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £100 per week.

Council Band A

Flat 5
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £100 per week.

Council Band A

Second Floor
Flat 1
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £120 per week.

Council Band B

Outside
Garden to the front and car parking to the rear, accessed via Simeon Street.

Freehold with Part Vacant Possession
Residential EPC: Tbc

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to

Floor plans and tours

Floor plans

No floor plan available

Tours

No virtual tour available

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Listed by

Clive Emson Auctioneers

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  1. Zoopla
  2. For sale
  3. Isle of Wight
  4. Ryde
  5. The Strand

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