£995,000

7 Reception(s)

11 Bedroom(s)

7 Bathroom(s)

Key Features

• Fully Let Freehold Investment Opportunity
• Corner of Vernon Square/Melville Street
• 7 Apartments (4 x 2 beds; 3 x 1 bed)
• Very Well Maintained Residence Throughout
• Superb Outlook over Vernon Square & Solent
• Residents' Car Park (One Space Per Flat)
• All Let on Assured Shorthold Tenancies
• Moments from Town, Beach, Mainland LInks
• Council Tax Bands x 7: A x 3, B x 4
• Annual Rental Figure Available On Enquiry

Property Details

FULLY LET FREEHOLD RESIDENTIAL INVESTMENT OPPORTUNITY!

A beautifully maintained, imposing Grade II Listed building located within a most sought after setting within the heart of Ryde - on the corner of Vernon Square and Melville Street, being so ideally positioned within short walking distance of the town amenities, sea front, beaches ... nce of the town amenities, sea front, beaches and Island/mainland transport links. In 1990/91, this FREEHOLD block was converted into 7 APARTMENTS (4 x 2 bedrooms; 3 x 1 bedroom) – all well appointed and being sold FULLY LET subject to Assured Shorthold Tenancies (Note: Some tenants have resided within West Point for a number of years – and all are fully referenced). <br/><br/>All apartments are unique in their design and the majority benefit from MAGNIFICENT VIEWS over the Solent and/or the attractive VERNON SQUARE gardens. The properties benefit from electric heating and a PARKING SPACE within the well proportioned residents' car park. EXCELLENT OPPORTUNITY. show more