2 bed flat for sale

Esplanade, Ryde, Isle Of Wight PO33

Positioned in a stunning seafront setting with the beach quite literally across the road, this impressive two bedroom first floor purpose-built apartment offers coastal living at its finest. Perfectly suited as a permanent residence, holiday retreat or investment opportunity, the property is offered chain free and presented in good order throughout - making it ready for immediate enjoyment.

The accommodation is thoughtfully arranged and features a spacious open plan lounge/kitchen diner, creating a bright and sociable living space ideal for both relaxing and entertaining. Double doors from the lounge open directly onto a private balcony, providing the perfect spot to enjoy the fresh sea air.

Further benefits include an allocated parking space, adding valuable convenience in this sought-after coastal location. A lift to all floors is available along with a communal laundry room. Combining a desirable seaside address with well-maintained interiors and no onward chain, this apartment presents an exceptional opportunity to secure a home by the sea.

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.