Empty Property Strategy News Today

The Sandown property is to be auctioned via Clive Emson. A PROMINENT corner building in Sandown is being auctioned. The long-empty property, pictured, has a guide price of £300,000-plus and is among the latest lots listed by land and property auctioneers Clive Emson. On the remainder of a 955-year lease from 1904, and at a ground rental of £32.05 shillings per annum, the dilapidated, fire-damaged premises is located at 52, 54 and 56 Fitzroy Street and 66 and 68 Station Avenue. Earlier...

One in 20 homes on the Island are out of use, either as empty or second homes. Campaigners, Action on Empty Homes, analysed Ministry of Housing, Communities and Local Government (MHCLG) figures, and found 3,564 homes on the Isle of Wight were not being used as of October, although this is down from 3,726 the year before. Of these, 510 were long-term vacancies, unoccupied for at least six months, and 3,054 were second homes. Separate figures from MHCLG show there were 186 households on t...

THE owner of a derelict property in Sandown could be forced to sell it to the Isle of Wight Council so that it can be brought back into use. The council looks set to use compulsory purchase powers to acquire the building on the corner of Fitzroy Street and Station Avenue, which has stood empty for more than a decade. The premises consist of a number of units and has a current estimated value of £405,000. In approving the move in principle, Cabinet members said it showed the authority w...

Isle of Wight Radio 3:00pm - 7:00pm Live and Local Podcast - Supporting Live Local Music On The Isle Of Wight Isle of Wight Council Takes Action To Buy Sandown Eyesore By Louise Hill, LDR Reporter The Isle of Wight Council is taking steps towards forcibly buying a Sandown eyesore. Derelict buildings on the corner of Fitzroy Street and Station Avenue are the potentially the subject of the council’s first Compulsory Purchase Order (CPO) since the renewal of its Empty Property Strategy in 2019....

The properties on the corner of Fitzroy Street and Station Avenue in Sandown. (Picture: Google Maps) The Isle of Wight Council is taking steps towards forcibly buying a Sandown eyesore. Derelict buildings on the corner of Fitzroy Street and Station Avenue are the potentially the subject of the councils first Compulsory Purchase Order (CPO) since the renewal of its Empty Property Strategy in 2019. A CPO gives the government, utility companies and in this case, councils, a statutory right t...