PO38 1HY - 2 bed ventnor seafront apartment in Pound Lane, PO38 1HY

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2 bedroom apartment for sale in INVESTMENT OPPORTUNITY - Pound Lane, Ventnor, PO38

Summary - 1 Clarendon Court, Pound Lane PO38 1HY

2 bed 1 bath Apartment

Compact coastal two-bed with tenant in situ and immediate rental potential.
Ground-floor two-bedroom flat, bright open-plan living
Approx 559 sq ft; compact rooms, practical layout
Current tenant willing to remain — immediate rental income
Share of freehold; long lease circa 106–108 years
Service charge c. £670pa; no ground rent payable
No private garden and limited on-street parking nearby
Local area: high recorded crime and very deprived
Heating listed inconsistently — confirm gas or electric storage
A compact, ground-floor two-bedroom flat in the heart of a coastal town, offered at an attractive investment price. The open-plan kitchen/living room feels bright and airy, and both bedrooms are practical for tenants, guests or a home office. The property is currently tenanted and the occupant is willing to remain, giving immediate rental income potential.

The building is modern with double glazing and low-maintenance communal areas; there is no ground rent because the flats own a share of the freehold. Service charges are modest (six-monthly £335, c. £670pa) and the remaining lease term is long (circa 106–108 years). Council tax band B is comparatively cheap.

Notable cautions are the small overall footprint (c. 559 sq ft) and lack of any private garden or allocated parking, with nearby double-yellow lines restricting street parking. The wider area scores high for crime and is described as very deprived; buyers should consider local risk factors and tenant demand. Heating information is inconsistent in records — the listing mentions gas central heating but the technical data records electric storage heaters, so confirm the system before purchase.

This apartment suits buy-to-let investors seeking a low-entry coastal investment or a first-time buyer wanting a seaside base with immediate rental options. Its proximity to the esplanade, shops and coastal walks is a strong location benefit, while modest internal space and local area challenges temper the long-term outlook.

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