Originally a substantial Victorian residence, Seven Gables was converted into a care home with additions to include a substantial two storey rear annex. The care home closed in 2022 and the property is now being sold with the benefit of planning consent for conversion to form nine residential apartments, the majority of which will be two or three-bedroom apartments, with one four-bedroom unit and two one-bedroom flats. The attractive planning scheme includes roof terraces and balconies, with the resultant apartments likely to be popular in the local resale market in what is a sought after residential location.
Planning Planning Permission has been granted under Appeal by Isle of Wight Council, ref: APP/P2114/W/24/3343482, with an initial application ref: 23/01539/FUL, dated 17th February 2025, for alterations and change of use from care home to create nine flats with parking, cycle storage, refuse provision and landscaping, subject to conditions.
A copy of the Planning Permission and accompanying documents may be downloaded from the Clive Emson website together with the remainder of the legal documentation for the Lot.
EPC Rating B (45). Total Floor Area 632 sq.m.
Freehold with Vacant Possession
Commercial EPC: B
Important: All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information *Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/
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