Sold after auction for an undisclosed amount

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By Order of the Liquidator

Freehold land equivalent to 1.27 acres comprising highway, paths, verges and parcels of land in a residential area.

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Description/Location

The land is situated in Cedar Drive, Scotchells Close and Downlands View, potential for a significant garden extension at 34 Downland Drive with land equivalent to 0.22 acres at Scotchells Close. We believe the title will comprise land that is publicly maintained highway, buyers should make their own enquiries in this regard. The Lot is sold subject to such requirements as set out in the title to transfer part of or otherwise deal with the Lot for stated third parties.

Tenure

Freehold

Local Authority

Isle of Wight Council

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Please contact Charles Darrow Network Auctions on 01626 330022

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.