Affordable one-bedroom ground-floor flat with long lease and no onward chain, sold via modern auction.
Ground-floor one-bedroom flat, approx. 420 sq ft
Very long lease remaining (965 years)
No onward chain — quick possession possible
Communal off-street parking included
Needs updating; visible damp and peeling paint in lounge
Electric room heaters only — likely higher running costs
Sold at modern auction; undisclosed reserve and buyer fees apply
Located close to shops, bus links and several primary schools
This one-bedroom ground-floor flat offers an affordable entry into Gosport with a very long lease (965 years) and no onward chain. The layout includes a lounge, compact kitchen and shower room across approximately 420 sq ft — a practical starter home or simple rental unit. Communal off-street parking and close proximity to shops, bus routes and schools add day-to-day convenience.
The interior needs updating: there are signs of wear, dated decor and some damp/peeling paint reported in the living area. Heating is by electric room heaters only, so expect higher running costs and potential modernisation to install central heating. Buyers should budget for cosmetic and possibly remedial works.
The property is offered through a modern auction. Important auction costs apply, including a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) and buyer fees; the sale is subject to an undisclosed reserve. Do not bid without doing your own due diligence and checking the buyer information pack and leasehold documentation.
For first-time buyers seeking low entry price or investors able to manage refurbishment, this flat represents clear potential. For those seeking a turnkey home, the property will require time and investment to reach that standard.
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