11 bed block of flats for sale

West Point, 1 Vernon Square, Ryde, Isle Of Wight PO33

This imposing semi-detached building is situated in an attractive and sought after residential location overlooking Vernon Square and with sea views from the upper floors. West Point is located a short walk from the centre of Ryde with all its shopping and other amenities, with Ryde's famous sandy beach and mainland transport links a short distance away.

The building was converted in the early 1990s to provide seven apartments with four offering two bedroom accommodation and three with one bedroom. In addition there is car parking to the front and side of the building.

West Point is considered ideal for addition to an income producing letting portfolio.

Lower Ground Floor
Flat 1
Entrance hall, living room, kitchen, two bedrooms and bathroom with W.C.

EPC Rating E

Council Tax Band B

Tenancy
Let under the terms of an Assured Shorthold Tenancy from 28th February 2025 to 27th February 2027 (24 month term) at £675 per calendar month, with a rent increase on 26th February 2026 of £50 per calendar month.

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

EPC Rating E

Council Tax Band A

Tenancy
Let under the terms of an Assured Shorthold Tenancy from 14th April 2025 to 13th April 2026 at a current rental of £735 per calendar month (paid in advance).

First Floor
Flat 3
Entrance hall, living room, kitchen, two bedrooms and bathroom with W.C.

EPC Rating E

Council Tax Band B

Tenancy
Let under the terms of an Assured Shorthold Tenancy from 10th September 2025 to 9th September 2026 at a current rental of £815 per calendar month.

Second Floor
Flat 4
Entrance hall, living room, kitchen, two bedrooms and shower room and cloakroom with W.C.

EPC Rating C

Council Tax Band B

Tenancy
Let under the terms of an Assured Shorthold Tenancy from 1st December 2024 to 30th November 2025 at a current rental of £850 per calendar month.

Third Floor
Flat 5
Entrance hall, living room, kitchen, two bedrooms, shower room and cloakroom with W.C.

EPC Rating D

Council Tax Band B

Tenancy
Let under the terms of an Assured Shorthold Tenancy, currently on a rolling periodic tenancy, from 14th June 1999 at a current rental of £750 per calendar month.

Ground Floor - Annexed Building
Flat 6
Entrance hall, living room, kitchen/dining room, one bedroom, bathroom and cloakroom with W.C.

EPC Rating D

Council Tax Band A

Tenancy
Let under the terms of an Assured Shorthold Tenancy from 30th April 2025 to 29th April 2026 at a current rental of £670 per calendar month.

First Floor - Annexed Building
Flat 7
Entrance hall, living room, kitchen, one bedroom and bathroom with W.C.

EPC Rating D

Council Tax Band A

Tenancy
Let under the terms of an Assured Shorthold Tenancy from 10th August 2025 to 9th August 2026 at a current rental of £700 per calendar month.

Outside
Car parking to the front and side.
Residential EPC: D
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.

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