This property is no longer on the market
1 bedroom apartment
Key information
Property description & features
- ONE BEDROOM APARTMENT
- SECURE GATED PARKING
- MODERN PROPERTY
- LIFT ACCESS
- CONCIERGE ON SITE
- COMMUNAL GARDENS
Indulge in the spacious open plan lounge and kitchen area, meticulously designed to create a perfect setting for entertaining guests. The panoramic sea views, gracefully captured from the Juliet balcony, infuse the space with a serene ambiance. The sleek kitchen, complete with top-of-the-line appliances including a fridge freezer and dishwasher, effortlessly facilitates meal preparation. Ample storage space awaits in the hallway, complemented by the inclusion of a washing machine for added convenience. The generously sized double bedroom features fitted wardrobes to accommodate all your storage needs, while the modern bathroom suite offers a tranquil retreat after a long day.
Perched on the 4th floor, this apartment offers easy accessibility, aided by two available lifts catering to your convenience. As a tenant, you will relish the advantages of an allocated parking space within the secure gated car park, along with the opportunity to savor the lush communal gardens. The presence of a 24/7 Concierge service guarantees peace of mind and ensures a seamless living experience.
Presently, the property boasts an impressive rental income of £850pcm from a tenant in-situ, with the potential for a subsequent increase to £960pcm post-August 2023, resulting in a remarkable 6.98% yield. With no forward chain, this property presents an exceptional investment opportunity or an ideal first home for those seeking immediate possession.
LEASEHOLD INFORMATION 137 Years Left on Lease
Service Charge (£PA) £3,256.28
Ground Rent (£PA) £150
Please note that Martin & Co have not checked or verified the lease terms or the service charge/ground rent costs. The information provided above has been provided to us from the Seller. Your solicitor will check all of the above during the conveyancing process and you should only rely on information provided by them when making the final decision as to whether to buy any leasehold property.
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Property reference 100667003933. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co - Portsmouth.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 19, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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