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A number of Isle of Wight properties and garages were among 134 lots being sold by Clive Emson Auctioneers in Portsmouth today (Friday).

A freehold lock-up garage at the back of 19 Spencer Road in Ryde fetched £21,500, which was £7,500 above estimate. Currently let at £438 per annum, a freehold lock-up garage at the back of 57 Broadway, Sandown also sold and went for £6,000.

To the rear of 7 Moor View in Godshill, a freehold lock-up garage went for £6,500 and is currently let at £480 per annum.

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Woodvale, a detached bungalow at Main Street, Havenstreet, sold freehold for £165,000.

Meanwhile Somerville, at St Georges Road in Shanklin, which is a virtual freehold due to a 999-year lease dating from 1869, sold after auction for close to the guide price of £300,000-plus.

Rob said:

“Work has commenced on the conversion, which now requires completion. The new flats will be a mix of one and two-bedroom units, with car parking to the front and gardens at the back. Once completed, it is considered the flats will be ideal for resale or as an income-producing investment.”

Clive Emson’s next auction takes place at 11:00 on Friday 3rd May at the Solent Hotel & Spa, Rookery Avenue, Whiteley, near Portsmouth.

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The views/opinions expressed in these comments are solely those of the author and do not represent those of Island Echo. House rules on commenting must be followed at all times.

Comment on this story

newest oldest most voted
Simone Hardy
Simone Hardy

Think these auctions should be held on the island

Tim C
Tim C

I agree, homes and opertunities for island people.
Not properties for mainland investors.

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