A total of 14 property lots on the Isle of Wight are to be auctioned with Clive Emson later this month – including the landslip-hit Haddon Lake House in St Lawrence.
The properties are among 179 lots listed across southern England by Clive Emson Auctioneers, from Essex to Cornwall, with the auction concluding on 18th September and bidding live 48 hours beforehand.
One of the Island highlights is a ‘stunning contemporary house and detached boathouse on a plot of around 2 acres featuring award-winning gardens’. Formerly part of the pleasure grounds of Old Park – a Victorian mansion dating back to the 1820s – Haddon Lake House sits in a wooded undercliff.
Self-build Haddon Lake House at Old Park Road, St Lawrence, Ventnor, is guided at £700,000 – £750,000 (lot 40) and featured in the Channel 4 series George Clarke’s Amazing Spaces last year and was the 2008 winner of the TV series I Own Britain’s Best Home and Garden.
Robert Marchant, Island auctioneer for Clive Emson Auctioneers, says:
“The landscape restoration project has included the careful reinstatement of the early Victorian walled kitchen garden, complete with period greenhouse, cold frames, potting shed and access paths.
“Adjoining the walled garden is a contemporary Japanese-style influence courtyard that acts as a cool contrast to the walled garden.
Article continues below this advertisement “The main house provides flexible living accommodation over three floors and has on occasions in the past been split to provide two self-contained dwellings.
“Sadly, in March, a landslip robbed Haddon Lake House of much of its lake through the slide of earth from the adjacent hillside. In addition, there was, what is believed to be, some relatively minor damage caused to the northern edge of the main house.
“A specification, drawing and estimates for the restoration of the lake and repairs to the northern edge of the house will be available for download alongside the auction legal pack.”
A 1-bedroom flat at 1, King Charles Court, Grove Road, Ventnor, has a guide price of £65,000 – £70,000. On a 100-year lease from 1992, the property needs “upgrading and refurbishment”.
A vacant commercial property at 48 High Street, Ventnor, with a 3-storey bar, garden and parking has a freehold guide price of £195,000-plus.
Currently let at £61,787.44 pa, a freehold commercial investment at Roman House, Rink Road, Ryde, is guided at £580,000 – £620,000. The 0.45-acre site comprises a mix of offices and light industrial and storage units and joint agents are Scotcher & Co.
On the remainder of a 125-year lease from 2017, a 2-storey town centre commercial premises at 1 The Colonnade, Lind Street, Ryde, has a guide price of £50,000-plus. With vacant possession, the lot is sold with a share of the freehold. Joint agents are Scotcher & Co.
Currently let at £6,550 pa, a commercial investment at 38/38A High Street, Ryde, on the remainder of a 999-year lease from 1853, has a guide price of £60,000+. Joint agents are Scotcher & Co.
Rob said:
“Located in the heart of Ryde town centre’s pedestrianised area, and surrounded by national multiples, including Poundland which have recently relocated to a large shop directly opposite.
“The property is let to a local charity on a lease which has the provision for a rolling break option on a month’s notice from either party.
“It is considered that there are excellent prospects for re-letting to a new tenant on better commercial terms.
“Several expressions of interest from prospective tenants have been received at significantly higher rental terms.”
With vacant possession, a three-bedroom ground floor flat at Flat 8, Oxford House, 10 Barfield, Ryde, has its own private entrance, with views over a shared garden. On a 999-year lease from 1910, the guide price is £90,000-plus, with Seafields as joint auctioneers.
A 5,000 sq ft freehold building at St Thomas’ Chambers, 147 High Street, Newport, is guided at £200,000 – £220,000. With vacant possession, joint agents are Scotcher & Co.
Currently let at £2,240 per annum, a freehold commercial building at 134 & 135 High Street, Newport, is guided at £260,000 – £280,000. Joint agents are Scotcher & Co.
The Cowshed, Taggs Farm, Quarry Lane, Calbourne, Newport, is a rural barn on a plot of nearly 1.3 acres, with planning permission for residential conversion. Freehold guide price: £230,000 – £250,000. Joints agents are BCM.
With 2 bedrooms, a vacant detached bungalow on a 1.6-acre plot is at Robins Bush, Solent Road, Cranmore, Yarmouth, and has a freehold guide price of £375,000-plus.
2 freehold barns with consent for residential conversion are at Cuddles Corner, Roud, Godshill, with a guide price of £120,000 – £130,000. Joint agents are BCM.
On a clifftop private estate, 2-bedroom Hill Crest at The Highway, Luccombe, Shanklin, with sea and countryside views, has a guide price of £210,000 – £230,000 and is described as “for improvement”. Joint auctioneers of the freehold property, with vacant possession, are Arthur Wheeler.
Half of an original hotel, a 6-bedroom freehold house at 23 Atherley Road, Shanklin, is guided at £180,000 – £200,000.
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