Summary - CLARKES COURT FLAT 12 QUAY STREET FAREHAM PO16 0LE
1 bed 1 bath Apartment
Buy-to-let opportunity beside Tesco with creek and cinema outlooks.
- First-floor corner one-bedroom with Juliet balcony
- Open-plan living, lounge with two southerly-aspect windows
- Some views of Fareham Creek and nearby cinema
- Leasehold: 136 years remaining
- Service charge approx £1,500 pa; ground rent £156 pa
- No allocated parking; on-street only
- Heating is electric with underfloor elements
- Local area records very high crime; broadband slow
A compact first-floor corner apartment arranged for straightforward rental use, positioned next to Tesco in the town centre with partial creek and cinema views. The open-plan living area has a southerly aspect via two windows, while the bedroom benefits from a Juliet balcony and direct access to the Jack & Jill bathroom.
The lease has 136 years remaining, making this a typical long-lease investment. Annual outgoings include an average service charge of £1,500 and a ground rent of £156. Heating is electric with underfloor elements and the property has double glazing installed post-2002.
Practical considerations for investors: there is no allocated parking (on-street only), local broadband is recorded as slow, and the immediate area records very high crime levels. These factors will influence rental demand, insurance costs and management approach, but the central location, nil onward chain and proximity to high-street amenities support steady tenant interest.
Overall, this apartment suits a landlord seeking a low-maintenance, city-centre let with immediate occupancy potential. Pricing reflects its compact size and service costs; buyers should factor in running costs, local socio-economic indicators and any refurbishment to maximise rental yield.
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