Barton Road, Newport, Isle of Wight, PO30 Property for sale

A Fantastic Investment Opportunity Requiring Complete Modernisation

Offered to the market with no onward chain, this three-bedroom semi-detached home presents an exciting opportunity for investors, developers, and buyers seeking a renovation project. Situated within easy reach of Newport town centre, schools, and local amenities, the property offers excellent potential to add significant value through a comprehensive programme of refurbishment.

The accommodation extends to approximately 682 sq. ft. and comprises an entrance hall, lounge, and spacious kitchen/dining room on the ground floor. To the first floor are three bedrooms and a family bathroom.

While the property is in very poor condition internally and requires extensive modernisation throughout, it provides a blank canvas for purchasers looking to create a family home or investment property tailored to their own specifications. Externally, there are front and rear gardens with scope for improvement and landscaping.

Properties offering this level of potential are becoming increasingly difficult to find, making this an ideal purchase for cash buyers, investors, or those experienced in renovation projects.

An early viewing is highly recommended to fully appreciate the opportunity on offer.

This property is offered through Modern Method of Auction and is subject to an undisclosed 'Reserve Price.' Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £445.00 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.