3 bedroom house

A very exciting opportunity has arisen to purchase a detached three-bedroom farmhouse that nestles in about 11.28 acres of land surrounded by countryside as far as the eye can see with wonderful views across to St George's Down. It is in an ideal location because, although it is out in the country, it is only a short distance from the centre of Newport and, being near the centre of the island, it is easily accessible to all the towns, beaches and ferries. The house needs to be modernised but there is enormous development potential to create a stunning family home with plenty of land for horses and other animals. You could have a smallholding or even build holiday cabins, yurts or create a campsite, subject to the necessary permissions.

The property is approached along a drive where you can park numerous vehicles. The entrance lobby has doors to the good sized reception rooms including the double aspect dining room with a fireplace and stairs to the first floor. The similar sized lounge also includes a fireplace and half wall panelling as well as a door to the long kitchen/dining room that has access to the garden. There is also a family bathroom on the ground floor while upstairs there are three double bedrooms with wonderful views across the countryside.

The grounds include plenty of mature trees, lawns, fields and outbuildings and is just waiting for new owners to decide how they want to use the land.

The house and land are being sold through the Modern Method of Auction which combines the traditional auction and private treaty method of selling. While it offers the speed, transparency and security of a traditional auction it has an extended completion timeline of up to 56 days. This extended completion timescale makes the auction more accessible to a wider range of potential purchasers as it includes first time buyers and those seeking a mortgage as well as investors. It also provides security for the vendor with a non-refundable reservation fee and reservation agreement.

 
Please refer to the footnote regarding the services and appliances.

What the Owner says:

We live in a quiet and idyllic spot and hope new owners will enjoy the environment as much as we have. While we have stunning country views and are surrounded by an Area of Natural Beauty it is less than two miles to Newport. This is the county town of the Isle of Wight and includes a variety of high street stores and independent shops as well as wide selection of restaurants and bars. There is a weekly street market and a farmers' market and a number of primary and secondary schools within the vicinity. We are not far from the Shide Nature Reserve and the walks or cycle rides along the River Medina are a real pleasure while the nearby Newport Golf Club is available for golfing enthusiasts.

There are plenty of local attractions including a museum, a roman villa and the quay arts centre as well as the famous Carisbrooke Castle and Monkey Haven. A variety of annual events take place in the area including the world-famous Isle of Wight festival and the boutique Eclectica festival at Robin Hill.

 
AUCTIONEER'S COMMENTS

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

REFERRAL ARRANGEMENTS

Fine & Country and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Fine & Country may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

TO VIEW OR MAKE A BID - Contact Fine & Country

 
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
 
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Fine & Country, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Marketed by: Fine & Country, Isle of Wight