St. Georges Lane, Newport, Isle of Wight
£185,000

Guide price

Bedrooms: 4
PART BUY - PART RENT OPPORTUNITY!!

Presented to the market without the burden of an onward chain, this spacious detached four-bedroom residence has a remarkable connection to local history. It was the former residence of the renowned English geologist, John Milne, born in 1850, celebrated as the pioneering figure in the field of Seismology. Milne's significant contributions to the scientific study of earthquakes and his residence in this house from 1895 until his passing in 1913 make this property of unique historical value. Previously known as 'Shide Hill House,' its proximity to Pan Chalk pit allowed Milne to conduct crucial measurements related to earth tension. His final resting place is nearby, and the 'Milne Trail' connects the house to his burial site.

This residence offers generous living space with the potential to become a truly magnificent home on the outskirts of Newport. Accomodation comprises a kitchen, dining room, lounge, storage room, and a WC. The first floor has a large landing with doors to four well-proportioned bedrooms and a family bathroom, with the main bedroom incorporating a walk-in dressing room.

The property provides off-road parking in front, and additional parking is available on the lane. The house is enveloped by gardens that partially encircle the property, featuring a courtyard and a tiered garden at the front, offering ample potential for landscaping and optimizing the available views.

'Milne House' enjoys an elevated position, granting it scenic vistas across the countryside and Newport Town centre. To truly grasp the generous space and potential this property offers, we strongly recommend arranging a viewing.

Located on the outskirts of Newport, in an elevated position along a country lane, the property imparts a semi-rural ambiance while remaining within a short walking distance of Newport Golf Course, the Island's main cycle track, scenic countryside walks, and Newport town centre, which hosts an array of amenities.

Property Description ** PART BUY PART RENT **

£185,000 is for a 50% share purchase, the full property price is £370,000.

The minimum CASH DEPOSIT you will need is £92,500

Turn any freehold property into part buy –part rent with Hose Rhodes Dickson Estates Agents and 'Your Home'. You simply need 25% cash deposit on the full purchase price, there's no need for a mortgage and you can buy more or move at any time. Subject to status and certain criteria (please see below for more details), you can buy from 25% -75% and pay rent on the part you do not buy whilst being able to staircase over time to own 100% of the property. Your Home is a part buy –part rent scheme available on freehold properties for sale with Hose Rhodes Dickson Estate Agents.

*Your Home eligibility criteria:

•Good credit history

•Income to support the unpurchased share

•Be a British or EU citizen or have indefinite rights to remain in the UK

•Must be your principle and only home at completion

For more information on 'Your Home' and to apply, please contact Hose Rhodes Dickson Estate Agents on 01983 521144 or newport.sales@hrdiw.co.uk

Entrance Hall

Kitchen 14'9" x 10'6" (4.5m x 3.2m).

Dining Room 15'9" x 13'9" (4.8m x 4.2m).

Living Room 19'8" (max) x 20' (6m (max) x 6.1m).

WC

Landing

Bedroom 1 15'9" x 13'9" (4.8m x 4.2m).

Dressing Room 10'6" x 7'3" (3.2m x 2.2m).

Bedroom 2 14'1" x 9'10" (4.3m x 3m).

Bedroom 3 13'9" x 9'2" (4.2m x 2.8m).

Bedroom 4 11'6" x 10'6" (3.5m x 3.2m).

Bathroom 9'10" x 5'3" (3m x 1.6m).

Tenure Freehold

Council Tax Band 'E'

NB Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.

Sales Disclaimer- These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However, any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase

01983 521144

Hose Rhodes Dickson - Newport Sales

The Estate Office, 138 High Street, Newport

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