Osborne Court, Cowes
£60,000
Guide price
Guide price
Sold STC
Bedrooms: 2
What an opportunity!! - PLEASE READ FULL ADVERT AND WATCH VIDEO TOUR - This property is in need of complete renovation and re-design but offers huge potential. Situated on the ground of the Art deco building of Osborne Court on Cowes Parade. Comprising in brief of 2 bedrooms and main reception - there are additional internal rooms that could be incorporated to increase the apartments footprint. CHAIN FREE
OPEN DAY
Monday 8th April. Call to book your slot. This is a building project, wear appropriate footwear, do not bring children or pets please.
Living Room
19' 2'' x 10' 4'' (5.85m x 3.15m)
Large main reception, Open plan to...
Kitchen / Dining
13' 4'' x 7' 10'' (4.07m x 2.4m)
Currently with a series kitchen cupboards, counter top and integrated electric cooker, hob and sink.
Bedroom 1
10' 4'' x 9' 7'' (3.15m x 2.92m)
Double bedroom. Closet and stairs to basement.
Basement
This area we believe to be the original swimming pool for the building. Accessed via a stairway from Bed 1. Limited head height and irregular shape approx 4m x 4m.
Bedroom 2
12' 2'' x 11' 6'' (3.7m x 3.5m)
Double bedroom.
Bathroom
8' 2'' x 4' 7'' (2.48m x 1.4m)
Roughly fitted bathroom. Panelled bath and basin.
Hallway
16' 5'' x 4' 9'' (5m x 1.45m)
This part of the property is accessed via an additional front door from the main building foyer.
Internal Room 1
13' 1'' x 9' 10'' (4m x 3m)
Windows to rear light well. Also includes WC, shower and basin.
Internal Room 2
13' 1'' x 9' 10'' (4m x 3m)
Windows to rear light well. Also includes WC, shower and basin.
Tenure
The property will have a 999 year on completion, plus Share of Freehold.
Annual Service Charge estimate: £1,350pa.
No Ground Rent as Share of Freehold.
No short term holiday lets in the building. Normal residential (6m+) rentals are fine. No pets.
N.B
As a project this is best suited to a cash funded purchaser. We are not aware that this property isn't fit for mortgage - BUT with the amount of works needed, any buyer looking to borrow against the property should make their own enquiries with a lender first. The property will remain on the market until a MORTGAGE OFFER for the purchase is received.
OPEN DAY
Monday 8th April. Call to book your slot. This is a building project, wear appropriate footwear, do not bring children or pets please.
Living Room
19' 2'' x 10' 4'' (5.85m x 3.15m)
Large main reception, Open plan to...
Kitchen / Dining
13' 4'' x 7' 10'' (4.07m x 2.4m)
Currently with a series kitchen cupboards, counter top and integrated electric cooker, hob and sink.
Bedroom 1
10' 4'' x 9' 7'' (3.15m x 2.92m)
Double bedroom. Closet and stairs to basement.
Basement
This area we believe to be the original swimming pool for the building. Accessed via a stairway from Bed 1. Limited head height and irregular shape approx 4m x 4m.
Bedroom 2
12' 2'' x 11' 6'' (3.7m x 3.5m)
Double bedroom.
Bathroom
8' 2'' x 4' 7'' (2.48m x 1.4m)
Roughly fitted bathroom. Panelled bath and basin.
Hallway
16' 5'' x 4' 9'' (5m x 1.45m)
This part of the property is accessed via an additional front door from the main building foyer.
Internal Room 1
13' 1'' x 9' 10'' (4m x 3m)
Windows to rear light well. Also includes WC, shower and basin.
Internal Room 2
13' 1'' x 9' 10'' (4m x 3m)
Windows to rear light well. Also includes WC, shower and basin.
Tenure
The property will have a 999 year on completion, plus Share of Freehold.
Annual Service Charge estimate: £1,350pa.
No Ground Rent as Share of Freehold.
No short term holiday lets in the building. Normal residential (6m+) rentals are fine. No pets.
N.B
As a project this is best suited to a cash funded purchaser. We are not aware that this property isn't fit for mortgage - BUT with the amount of works needed, any buyer looking to borrow against the property should make their own enquiries with a lender first. The property will remain on the market until a MORTGAGE OFFER for the purchase is received.
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