Osborne Court, Cowes
£60,000

Guide price

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.

Marketed by 01983 209020

Lancasters

65 High Street, Cowes, Isle of Wight

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