Bright one-bedroom apartment with extensive communal facilities for over-50s.
Seafront fourth-floor apartment with direct sea views
Generous communal facilities: lounge, restaurant, salon, launderette
No onward chain—available for a quick sale
Approx. 63 years remaining on the lease; lender risk
High annual service charge £4,150 and ground rent £150
Electric storage heating; potential for high running costs
Timber-frame building with assumed limited insulation
No pets allowed; over-50s retirement scheme
A bright one-bedroom retirement apartment occupying the fourth floor of an iconic seafront Victorian block. The flat benefits from direct sea views, large communal facilities (lounge, restaurant, salon, launderette) and lift access, offering an active social environment for over-50s. The layout is traditional with a spacious living room, double bedroom and a compact fitted kitchen and shower room.
Practical considerations are material: the lease has approximately 63 years remaining, which may prevent some mortgage lenders from lending. The service charge is high at £4,150 per annum and there is a £150 ground rent. Heating is by electric storage heaters and the building construction is timber frame with assumed limited insulation, so running costs and retrofit work should be factored in.
This is well-suited to a retiree seeking seaside living with on-site amenities and a ready-made social scene, and to cash buyers or those who can secure specialist lending. The apartment is offered with no onward chain, but prospective buyers should obtain leasehold legal advice and check mortgage availability before committing.
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