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Guide price £75,000+
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Residential · Detached · Leasehold

A Vacant Two Bedroom Detached House Situated on a Plot of Land Measuring Approximately 271 sq m (2,917 sq ft). Offered with Planning Permission to Demolish the Existing Building and Erect 2 x Two Bedroom Semi Detached Houses.

53-55 St. Catherine Street, Ventnor, Isle Of Wight, PO38 1HG

Property type
Detached
Tenure
Leasehold

Description

A Vacant Two Bedroom Detached House Situated on a Plot of Land Measuring Approximately 271 sq m (2,917 sq ft). Offered with Planning Permission to Demolish the Existing Building and Erect 2 x Two Bedroom Semi Detached Houses. Tenure: Leasehold. The property is held on a 999 year lease from 25th December 1910 (thus approximately 884 years unexpired). Location: The property is situated on a residential road close to local shops and amenities. The open spaces of Ventnor Beach are within easy reach. Transport links are provided by Shanklin rail station. Accommodation: Ground Floor Reception Room Kitchen/Diner Storage Room WC First Floor Two Bedrooms Bathroom Exterior: The property benefits from both front and rear gardens. Planning: Isle of Wight Council granted the following planning permission (ref: 24/00497/FUL) on 21st May 2024: 'Demolition of existing dwelling (no.55), construction of a pair of semi-detached houses'. Proposed Accommodation: Each house will consist of Ground Floor Reception Room Kitchen WC First Floor Two Bedrooms Bathroom

Financial Tools

Your estimated monthly payment
£312.66/mo
Deposit £18,750 (25%) Loan £56,250 Interest £37,547
Total cost £93,797 Total interest £37,547
Property price£75,000
Deposit25%
£18,750
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

Location

53-55 St. Catherine Street, Ventnor, Isle Of Wight, PO38 1HG
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