5, Beech Road, Isle of Wight, PO30 2AH

** great renovation/project opportunity!

** A superb opportunity to acquire great plot or a two-bedroom detached bungalow set in a popular residential area of Newport, offered with huge scope for modernisation and improvement.

Positioned on a corner plot, the property benefits from generous outside space, making it ideal for those looking to create their ideal home or undertake a rewarding renovation project.

The accommodation offers well-proportioned rooms throughout, providing a versatile layout ready to be reimagined to suit modern living.

Both bedrooms are of good size, complemented by a comfortable living space and kitchen area, all presenting an excellent canvas for refurbishment.

Externally, the standout feature is the excellent outdoor space, with the corner plot allowing for wraparound gardens or the potential for landscaping and extension (subject to the necessary permissions).

The property also benefits from residents permit parking, adding convenience to this already appealing location.

Situated within easy reach of Newport town centre, local amenities, transport links, and well-regarded schools, this bungalow combines position, potential, and opportunity in equal measure.

An ideal purchase for developers, investors, or buyers seeking a project in a sought-after location.

This property is offered through Modern Method of Auction and is subject to an undisclosed 'Reserve Price.' Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.

This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.

This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.

The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.

A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £445.00 inc. VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.

These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.