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2-bedroom flat requiring comprehensive renovation

Sandown, PO36 - Get Access

2 bed 1 bath

Description

A two-bedroom long leasehold flat requiring comprehensive renovation, offering clear potential for investors and developers seeking a refurbishment project. The property provides scope to create an improved modern home or rental investment, subject to the necessary consents and lease provisions. Situated in a popular area of Sandown Bay, the property benefits from access to local amenities, transport links and the wider attractions of the eastern Isle of Wight, including nearby coastal destinations. Offered by auction, this is an opportunity to acquire a two-bedroom flat with significant scope for improvement and enhancement.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Low confidence Floor Area Estimated: 600 sq ft

Valuing this two-bedroom flat involves assessing regional Isle of Wight coastal apartment benchmarks for a property measuring approximately 600 sq ft. The property is situated in Sandown Bay and requires a comprehensive internal renovation program. Valuation is established by applying typical unmodernised flat values and factoring in necessary capital expenditure for repairs.

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