1 bed flat for sale

Victoria Street, Ventnor PO38

For sale by online auction via Clive Emson Auctioneers
Auction date 7th May 2026
Lot number 101
Leasehold flat
Guide Price £70,000 Plus + Fees

West Flat is a one bedroom leasehold apartment located on the first floor of Silver Mist, an attractive converted building set in an elevated position, offering views over Ventnor and some sea views. The property is currently tenanted, with the occupants having lived there for approximately twenty years. While the rent has remained unchanged for some time, it presents a strong opportunity as an addition to an income-generating rental portfolio. The flat also benefits from a parking space at the front of the building, along with an allocated section of garden within the communal grounds.

Accommodation:

Entrance hall: 12'02 x 2'11

Bathroom: 5'11 x 5'01

Separate W.C: 5'11 x 2'06

Kitchen

Living room: 15'07 x 12'04

Bedroom: 11'09 x 10'07

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 Shorthold Tenancy at a current rental of £500 per calendar month. From 1st May 2026 the tenancy will become a rolling tenancy and referred to as an Assured Periodic Tenancy.

EPC Rating:
To be confirmed.

Council Tax Band: A
Residential EPC: Tbc
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.
Disclaimer

We have not tested any fixtures, fittings, appliances or services, including any central heating system and we cannot therefore guarantee that these are in working order.
1) Items shown on photographs in these particulars do not imply that they are included in the sale.
2) Tenures are unconfirmed unless stated otherwise.
3) Floor plans are not to scale and are for guidance as to the arrangement of accommodation only.
4) All measurements are approximate.
5) Internal square footage measurements are approximate and
do not include hallways, bathroom/shower rooms or w.c.s.

To view:
Strictly by appointment only through the vendors joint agents Clive Emson Auctioneers and 01 Estate Agents