Guide price
£365,000
(£420/sq. ft)
2 bed flat for saleSandown, Isle Of Wight PO36
2 beds
2 baths
1 reception
869 sq. ft
EPC Rating: B
About this property
Spacious ground floor garden apartment
High specification finish
Efficient home with under floor heating
Balance of NHBC warranty
Adjacent to cliff path and overlooking the beach
Underground secure parking
Proven successful holiday let income
A beautifully presented garden apartment with unobstructed far reaching sea views, situated within a private gated development with underground parking.
A light and spacious ground floor garden apartment consisting of open plan kitchen/living room with direct access to the private and communal gardens and excellent sea views beyond. Two double bedrooms enjoy a rear aspect and the principal bedroom has a luxurious ensuite shower room and a further family bathroom has a large bath with shower over.
This luxurious apartment is finished to a high standard throughout boasting fully fitted and high specification open plan kitchens, low-maintenance and high energy efficiency with under floor heating, fitted wardrobes, tiled floors and fitted carpets. Offered with comfort of the balance of an NHBC certificate the impressive apartment also has a secure underground car park with allocated parking, and the convenience of lift access to all floors, visitors parking and the added security of video entry to all apartments. Fantastic sea views can be enjoyed from the living space there which opens onto a large private garden and terrace and communal gardens. Such wonderful lifestyle properties, the apartments are well suited as a holiday home, unique permanent residence or holiday let investment property with a full indicative letting forecast available by request.
Sandown Bay and surrounding areas are renowned for its long stretching sandy beaches and where there is plenty to see and do. The development occupies a particularly convenient location close to the Cliff Path with direct beach access and the town centre with amenities, restaurants and cafes as well as beautiful coastal walks to Yaverland and Shanklin. A short walk from Sandown train station providing links through to Ryde and access to passenger ferry services to Portsmouth where there are connecting trains to London Waterloo, the entire journey time taking an estimated time of 2.5 hrs door to door.
Open Plan Kitchen / Living Area
Fitted with Corian work tops with integrated drainers, 'Smeg' sinks with mixer tap over, induction hobs and double cookers with integrated microwaves. LED spot lighting, aluminium bi-folding doors with anthracite grey external colouring.
Bathrooms
Tiled walls and flooring and usually consisting of a panelled bath with shower over, vanity unit wash basin, heated towel rail, W.C.
Bedrooms 1 And 2
Carpeted floors and window overlooking the rear aspect with window overlooking the rear aspect. Bedroom 1 is a substantial double room with built in wardrobes and an ensuite shower room.overlooking the beach.
Underground Parking
Within the gated development there is allocated underground parking and plenty of visitors parking to the front and a store.
Services
Mains gas, electricity, water and drainage. Heating is provided by gas fired boiler and delivered via radiators. Zoned underfloor heating, Vaillant combination boilers.
Holiday Let Income
Gross projected income in year 1 up to £21,205 and rising to £23,211 in year 3.
Tenure
Leasehold - with the balance of a125 year lease from 2020. A managing agent maintains the development, communal areas and lifts with an annual service charge (2025) of £X, XXX. Ground Rent is £250pa
Postcode
PO36 8FB
Viewings
All viewings will be strictly by prior arrangement with the selling agents, Spence Willard.
Important Notice
1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value. Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4. VAT: The VAT position relating to the property may change without notice.
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More information
Tenure
Leasehold (125 years)
Service charge
£2,609 per year
Council tax band
C
Ground rent
£250
Ground rent date of next review
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