.png)
West Flat, Silver Mist, Victoria Street, Ventnor, Isle Of Wight, PO38 1ES
Leasehold Flat For Investment
Under Offer
West Flat, Silver Mist, Victoria Street, Ventnor, Isle Of Wight, PO38 1ES
£70,000+
West Flat is a first floor one-bedroom leasehold flat situated within the attractive building, Silver Mist, a converted property that sits on an elevated position with views across Ventnor and the English Channel.
The flat is currently let to tenants who have been in occupation of the property for over 20 years and the rent has not increased in some time, however, it is considered very worthy of addition to an income producing letting portfolio. The flat is also sold with a parking space to the front of the building and an allocated area of garden within the communal grounds.
Accommodation
Entrance Hall, bathroom, separate W.C, kitchen, living room, bedroom.
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
Marketed by:
Clive Emson
London Road, Maidstone, Kent, England, ME16 8PY
0345 8500333
Auction Details :
Clive Emson
Auction Date :
05/05/26
Lot Number :
101
Property Location:
West Flat, Silver Mist, Victoria Street, Ventnor, Isle Of Wight, PO38 1ES
Building Suppliers in your area
Tradespersons in your area
Professionals in your area
Properties by:
Clive Emson
Image | Property Title | Price | Postcode | Location | Auction Date | Status |
|---|---|---|---|---|---|---|
Detached Mixed Use Property With Moorings At Rear | £276,000 | ME11 | Kent | 06/02/2025 | Sold | |
Semi-detached House | £92,000 | TR5 | Cornwall | 06/02/2025 | Sold | |
Six Self-contained Flats In Block With Structural Issues | £358,000 | PO36 | Isle of Wight | 06/02/2025 | Sold | |
Detached House For Improvement And Repair | £242,000 | CO2 | Essex | 06/02/2025 | Sold | |
Freehold Property With Additional Land | £152,000 | TR15 | Cornwall | 06/02/2025 | Sold | |
Semi-detached House For Improvement | £250,000 | TN5 | East Sussex | 06/02/2025 | Sold | |
End-terrace House For Repair | £222,000 | TN11 | Tunbridge and Tonbridge | 06/02/2025 | Sold | |
Freehold Offices In Popular Village With Potential | £130,000 | TN26 | Kent | 06/02/2025 | Sold | |
House In Need Of Improvement | £168,000 | ME7 | Kent | 06/02/2025 | Sold | |
Planning For Development Of 32 Flats And Lapsed Planning For Care Home | £1,000,000 | ME5 | Kent | 06/02/2025 | Sold | |
End-terrace House For Improvement | £68,500 | PL31 | Cornwall | 06/02/2025 | Sold | |
Land For Investment | £30,000 | TN34 | East Sussex | 06/02/2025 | Sold |