2 bed bungalow for sale

Yaverland Road, Sandown, Isle Of Wight PO36

Offered to the market 'chain free' is this 2 bedroom holiday chalet with lovely countryside views set on the popular Sandown Bay Holiday Centre, just a 5 minute walk from the largest golden sandy beach on the Island. The chalet is well presented throughout and includes a combined lounge/dining area, well equipped kitchen, modern shower room and 2 bedrooms. All appliances and furniture can be included in the sale. There is easy parking on site for all owners and the coastal path offering wonderful walks with sea views is right on your doorstep. This comfortable chalet is an ideal holiday home or 'holiday let' business opportunity offering additional income between March and December every year.
Leasehold: 62 years remaining
Service charge - £1415 per year (includes water)
Insurance - £383 per year
Ground rent - £120 per year

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.