Flat 7B, Rychris Court, 8, Victoria Avenue, Isle of Wight, PO37 6LG

Available for cash and mortgage buyers This immaculately presented, modern, 1 bedroom flat with far reaching countryside and sea views is offered to the market chain free.

The purpose-built flat is just a 2 minute walk from all the town centre amenities of Shanklin including main bus routes and the train station.

The flat is located on the top floor of this very well maintained apartment building with a secure entry system in place.

The large open plan lounge and kitchen area are complimented by a very good size bedroom plus the shower room & WC.

The flat has modern double glazing and gas central heating throughout with the kitchen complete with built-in hob and oven.

If parking is required there is a local authority car park just 100 yards away for which a parking permit can be attained easily.

This smart apartment would make an ideal property for first time buyers or even those looking for a holiday home 'bolthole' on the Island as the beach is only a 10 minute walk away.

Easy access to the mainland ferries is also available from the train station just a short walk away.

Leasehold: 999 years from 24 June 2002 (976 years remaining) service charge: £65pm incl ground rent council tax band: A Auctioneer Comments This property is for sale by the Modern Method of Auction.

Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.

This additional time allows 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.

This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.

The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property.

The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.

A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Please call us to discuss this route of purchasing.

Open Plan Living Area (5.26m x 4.57m) Bedroom (4.22m x 3.78m)