First-floor two-bed maisonette with sun terrace and long lease in Fareham town centre..
- Two double bedrooms with a modern fitted bathroom
- Southerly sun terrace and L-shaped 16' living room
- Remainder of a 999-year lease (994 years remaining)
- Non-allocated off-street parking; covenanted right to use
- Modern kitchen with integrated appliances and space for washer
- Electric storage heaters; no gas central heating (may cost more)
- EPC rated D; cavity walls assumed uninsulated
- Area records very high crime and higher local deprivation
A well-presented two-bedroom first-floor maisonette in the heart of Fareham town centre, offering convenient, central living and a rare long lease (remainder of a 999-year lease). The flat has a southerly sun terrace, an L-shaped 16' living room and a modern fitted kitchen and bathroom — practical accommodation for a first-time buyer or buy-to-let investor.
Practical running costs and ownership details are explicit: a peppercorn ground rent, contribution to buildings insurance (£321.20 pa currently) and an annual car park maintenance charge (vendor pays £217.57 for two permits). Parking is non-allocated to the rear; the property has the right to use this area under a covenant.
Note the material considerations: heating is via electric storage heaters and there is no gas central heating; EPC is rated D; cavity walls are thought to have no insulation which may increase heating costs. The area records higher crime and local deprivation indices, and access is via an external stairwell (first-floor maisonette), which may not suit all buyers.
Overall this is a centrally located, ready-to-live-in flat with long lease security and clear running costs. It will suit buyers seeking town-centre convenience or investors prioritising location and long lease length, provided they accept electric heating, non-allocated parking and local area challenges.
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