Chain-free seaside terrace with parking and renovation potential for investors.
Two-bedroom mid-terrace, approx. 668 sq ft
Short walk to Sandown town centre and beach
Allocated parking and en-bloc garage included
Private enclosed rear garden; small plot
Requires modernisation and exterior maintenance
Electric storage heaters; likely no cavity insulation
Sold by auction with undisclosed reserve and buyer fees
Slow broadband and high local crime rate
This mid-terraced two-bedroom home sits on the outskirts of Sandown, a short walk from the town centre and the beach. Offered chain-free as a freehold and sold via the Modern Method of Auction, it includes allocated parking, an en-bloc garage and a private enclosed rear garden. The open-plan lounge and practical footprint (approx. 668 sq ft) make it suitable for simple family life or a straightforward buy-to-let.
The property clearly needs modernisation: the exterior shows vine growth and dated 1970s finishes, and internal heating is by electric storage heaters. Walls are assumed to have no cavity insulation and double glazing predates 2002, so retrofit work may be required to improve comfort and energy performance. Broadband speeds are slow in the area.
Buyers should be aware of the auction conditions: an undisclosed reserve price applies, a non-refundable reservation fee (4.2% of purchase price, minimum £6,000) is payable on completion of the reservation agreement, and additional buyer fees and pack costs apply. The auction process allows 56 days for completion to enable mortgage arrangements, but full due diligence is the buyer’s responsibility.
For investors or DIY buyers seeking a value entry on the Isle of Wight, the location and included parking/garage are strong practical advantages. However, budget for modernisation, possible insulation and heating upgrades, and factor in the auction fees and high local crime statistics when assessing rental yield or resale value.
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