Isle of Wight property going up for auction in October

Shanklin properties for auction

Among the lots is the Curraghmore Hotel in Shanklin, with a guide price of between £800,000 and £850,000 and planning permission for partial demotion and the construction of eight two-bedroom apartments, alongside a smaller boutique hotel.

It is being sold jointly with Hose Rhodes Dickson and boasts sea views over Sandown Bay.

Curraghmore Hotel in Shanklin (Image: Clive Emson Auctioneers)An investment opportunity in Shanklin's Regent Street (Image: Clive Emson Auctioneers.)

It is being sold with a majority freehold, plus a strip of land which is subject to £5 per year ground rent on a 960-year lease, from 1915.

Meanwhile, a double-width former shop unit in Regent Street, currently let to a tech company, is guided at £90,000-plus and will be be sold under the terms of a new 125-year lease. 

Totland properties for auction

In Totland Bay, just off the junction of Avenue Road, The Broadway and Colwell Road, a freehold four-bedroom house at Hurst Point View has a guide price of £450,000-plus.

Outside, there is off-road parking and a front garden area.

Hurst Point View in Totland (Image: Clive Emson Auctioneers)

Inside, there is a ground floor entrance hall, a living room with sliding patio doors to the garden, a shower room and kitchen/dining room.

Upstairs there are four bedrooms, including one with an en-suite, and a family bathroom.

Appraiser Joe Rocks said: “This house requires completion. The new owners will have the advantage of deciding on the final fit out prior to occupation, with the opportunity to decide on all the finishing touches and final colour schemes.”

Cowes properties for auction

In Cowes, a fifth of an acre plot on the north side of Baring Road in Cowes, with planning permission for a detached chalet bungalow, has a guide price of £180,000 - £200,000.

Clive Emson Auctioneers says the site has an estimated value of £700,000, when the bungalow is completed and it is selling the site alongside BCM.

What the house could look like on the Baring Road site (Image: Clive Emson Auctioneers)

Ryde properties for auction

In Ryde, a mixed residential and commercial property on the High Street, has a guide price of £175,000-plus.

Currently let to a charity and also on the High Street, a retail unit in the pedestrianised area, has a guide price of £85,000 - £95,000 and is held under the terms of a 999-year lease from 1853.

Both are being sold alongside Scotcher & Co.

Meanwhile, in Queens Road, a two-bedroom, lower ground floor flat, with parking and private garden, has a guide price of £120,000 - £130,000.

71-72a Ryde High Street (Image: Clive Emson Auctioneers)Left, 38a Ryde High Street and right, a flat in Queens Road (Image: Clive Emson Auctioneers.)

Newport properties for auction

With a freehold guide price of £470,000 - £500,000, four acres, a stone barn for conversion, plus the chance to build a new dwelling, is for sale at Whitelane Farm, Bowcombe Road.

The auctioneer said: “Some may prefer to complete only one of the proposed new dwellings and utilise the whole site for a splendid single dwelling. Both options are of course subject to any required consents being obtainable.”

Whitelane Farm, Bowcombe Road (Image: Clive Emson Auctioneers)

The auction ends on 1 November and live bidding starts 48 hours before.