West Flat, Silver Mist, Victoria Street, Ventnor, PO38 1ES

West Flat is a first floor one-bedroom leasehold flat situated within the attractive building, Silver Mist, a converted property that sits on an elevated position with views across Ventnor and the English Channel.

The flat is currently let to tenants who have been in occupation of the property for over 20 years and the rent has not increased in some time, however, it is considered very worthy of addition to an income producing letting portfolio.

The flat is also sold with a parking space to the front of the building and an allocated area of garden within the communal grounds.

Accommodation Entrance Hall, bathroom, separate W.C, kitchen, living room, bedroom. Outside Parking space and garden.

Tenure Remainder of a 125-year lease from 30th April 1973 at a current ground rental of £10 per annum.

Tenancy Let under the terms of an Assured Periodic Tenancy at a current rental of £500 per calendar month.

EPC Rating E Council Tax Band A Residential EPC: E 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