Property for sale

£800,000

Land Woodland View, Ashey, Ryde, Isle of Wight, PO33 2DG

Key features:
  • For Sale by Public Auction at The Solent Hotel & Spa
  • Auction Date : 02 NOVEMBER 2018
  • Lot Number : 162
  • Over Three Acres Of Land With Planning Consent For 45 Dwellings
  • Land with Planning
  • Freehold
  • *Guide Price : £800,000 PLUS + Fees
Description

Ashey is a popular residential district on the edge of the larger settlement of Ryde with its connections to the mainland. This 1.34 hectare (3.32 acre) parcel of land forms part of a larger development site, for which consent had previously been obtained for over 180 dwellings.

The land now offered for sale runs along the western side of the site, as shown in our plan, with Planning Consent granted for the 45 dwellings, indicated in two-tone brown. The Consent is for a mix of mainly two and three bedroom terraced and semi-detached houses, which once constructed are considered ideal for resale into the local market or for retention for their income-producing potential.

Auctioneer's Note
Construction has commenced on the remainder of the site.

Viewing
This is a working construction site, and due to site safety implications viewing is strictly by appointment.

Planning
Outline Planning Consent was originally granted in 2007 on Appeal under ref: APP/P2114/A/06/2024243/NWF. This Outline Consent was extended under ref: P/01529/12 - TCP/05746/U, dated 14th February 2013. Subsequently, Detailed Consents have been obtained most recently under ref: P/01583/14 - TCP/05746/V, dated 5th June 2015, detailing Reserved Matters for the construction of 181 units in total on the site, subject to conditions.

A copy of the Planning Consents and proposed plans will be available to download from the Clive Emson website, inspection at the Auctioneer’s Office or via the Isle of Wight Council website.

Freehold with Vacant Possession

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/

Wight Agent:

Clive Emson Auctioneers

Clive Emson Auctioneers
14 Victory Park Solent Way Whiteley Fareham PO15 7FN

Tel 01489 564606
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