Initial price	£65,000
20/11/25	£50,000
Price Change	-23.08%

This one-bedroom buy-to-let flat is situated in the heart of Ryde, just a few minutes' walk from local amenities, transport links, and the beautiful beaches and esplanade. The property boasts character features and a communal courtyard garden, making it an ideal investment or holiday home. With a guide price of £50,000 to £100,000, it offers a unique opportunity to purchase a property in a prime location. The flat is a ground-floor apartment with a modern kitchen, spacious rooms, and a share of freehold. The lease has 973 years remaining, and the annual ground rent is £0 with a service charge of £113.02 per month. The property is available for viewing immediately, and the auction will be held online on November 26th. The buyer will need to pay a £5,000 or 5% deposit and a 3%+VAT buyers premium, and contracts will be exchanged following the auction.