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Monkton Street, Ryde, Isle of Wight

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • FOR SALE BY ONLINE AUCTION
  • 6 WEEKS’ COMPLETION
  • Terraced house
  • Potential for re-develeopment (STPP)
  • Cash buyers only
  • Vacant leasehold

Description

For cash buyers only. A long leasehold two bedroom house which has suffered severe fire damage. The property requires complete renovation, with potential for redevelopment or reinstatement, subject to the necessary planning permissions.

The property is situated in a residential area close to Ryde town centre, offering convenient access to local shops, schools, transport links, and the seafront. Its location presents an appealing opportunity for future development, subject to obtaining the relevant consents.

Please note: The property is deemed unsafe and cannot be viewed internally.

First For Auctions, our clients, and any associated agents accept no responsibility for any injuries sustained as a result of unauthorised attempts to view the property.

Auction

To be sold by online auction (unconditional) on Thursday 31st July 2025 with a 6 WEEK COMPLETION, bidding will open at 10.00.

To view

The site can be viewed externally only at any reasonable time. Please take reasonable care to respect the privacy of residents within the local vicinity. First for Auctions, our clients, or associated agents accept no responsibility for any injuries incurred from unauthorised access or attempts to view the property.

Registration

All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure

Long Leasehold with vacant possession.

Lease

999 years from 29 June 1855.

EPC rating

This property is likely to be exempt from EPC requirements due to its intended demolition and redevelopment. Buyers are advised to make their own enquiries and seek legal advice to confirm the exemption under current regulations.

Council tax band

A - Isle of Wight

Legal pack

For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.

Guide prices

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

Additional fees

A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Deposit

If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.

Pre-auction offers

These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

Please note

All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of Her Majesty's Stationery Office @ Crown copyright. All rights reserved, Licence no: .

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Monkton Street, Ryde, Isle of Wight

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About Hose Rhodes Dickson, Ryde

37 Union Street Ryde PO33 2LE
Industry affiliations:

As the Isle of Wight's largest estate agency, Hose Rhodes Dickson continue to offer friendly service and local knowledge throughout our 7 branches.

Our broad base of property expertise includes:

Isle of Wight property sales with offices in Newport, Ryde, Shanklin, Ventnor, Cowes, East Cowes and Freshwater

Competitively priced property Surveys and Valuations by RICS Chartered Surveyors

Residential Lettings - renting and managing property

Commercial Property and Hotels

Mortgage and Financial Advice

Isle of Wight Self Catering Holidays

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Disclaimer - Property reference RYD250146. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hose Rhodes Dickson, Ryde. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hose Rhodes Dickson, Ryde on 01983 212432.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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