High Street, Ryde, Isle of Wight 6 bed block of apartments for sale

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High Street, Ryde, Isle of Wight 6 bed block of apartments for sale

High Street, Ryde, Isle of Wight
£230,000

Our Summary

  • Cash buyers only
  • This is an ideal investment opportunity in the heart of Ryde
  • A large first floor apartment in need of some renovation
  • This property is for sale by the Modern Method of Auction
  • This method of auction requires both
  • Scope for renovation in the four bedroom flat

Description

This investment opportunity in Ryde is a three-unit apartment building, with two existing tenants, and a third floor apartment in need of renovation. The property features a mix of room sizes, including a large first-floor apartment, and has the potential for significant rental income. The ground floor unit has a separate kitchen, bedroom, and bathroom, while the first-floor apartment has a lounge, kitchen, and bedroom. The second floor has five bedrooms, a kitchen, and two bathrooms. The property is being sold by auction to cash buyers only, with the auctioneer's comments noting that the Modern Method of Auction will be used, requiring buyers to register and provide information if they wish to view, offer, or bid on the property.