FOUR Isle of Wight properties have been listed for sale at the next Clive Emson online auction at the beginning of May.

A terraced cottage not far from to the Isle of Wight’s popular attraction, Carisbrooke Castle, is to be auctioned with a guide price of £90,000-plus.

The one-bedroom freehold residence at 80 Carisbrooke High Street, Carisbrooke, Newport, is among 110 land and property lots listed across southern England by Clive Emson Auctioneers.

Rob Marchant, the firm’s Isle of Wight auctioneer, said: “The cottage is in need of some improvement and would be ideally suited for owner occupation or as an addition to an income-producing letting portfolio.”

Isle of Wight County Press: The cottage at 80 Carisbrooke High Street, Isle of Wight.The cottage at 80 Carisbrooke High Street, Isle of Wight.

Joint auctioneers for 80 Carisbrooke High Street are Chinneck Shaw.

For a video and further details, see: https://www.cliveemson.co.uk/properties/233/7/

On a 999-year from 2020 is a one-bedroom apartment at 16, Osborne Court, The Parade, Cowes, with a guide price of £110-120,000.

Rob said: “Located on the second floor of Osborne Court, the residence has stunning views of The Solent. The flat, with a balcony, is in good order throughout and is considered ideal for owner occupation or as a let.”

Joint auctioneers are Lancasters.

Isle of Wight County Press: A one-bedroom apartment is available in Osborne Court on Cowes Esplanade.A one-bedroom apartment is available in Osborne Court on Cowes Esplanade.

Currently let at £25,400 per annum, a freehold mixed property investment at 102 High Street, Newport, is guided at £250,000-plus.

Rob said: “The ground floor commercial space is occupied by a well-known and Island-wide family-run bakery chain with six outlets.

“Above, the flats are occupied under Assured Shorthold Tenancy agreements – the building is considered ideal for an income-producing portfolio.”

He added: “At £250,000, based on the current rental income from the shop and flats, the gross rental yield is 10.16 per cent, which is a good return compared to the one per cent or so return on interest you’d get with cash savings. High inflation also means cash is losing money in real terms.”

Joint auctioneers are Scotcher & Co.

Isle of Wight County Press: The freehold mixed property investment at 102 High Street, Newport.The freehold mixed property investment at 102 High Street, Newport.

Finally, a seafront development site, with planning consent for four town houses, is guided freehold at £650,000 to £700,000.

Beachlands, Esplanade, Ventnor, which was once a grand family home and is now in a “poor state of repair”, has views across the beach and the English Channel beyond.

Video: https://www.cliveemson.co.uk/properties/233/42/

Isle of Wight County Press: Beachlands on Ventnor Esplanade.Beachlands on Ventnor Esplanade.

Clive Emson’s auction timers end on Thursday, May 5, with the online bidding live two days beforehand.

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