Summary - PENDRAGON APARTMENTS 57-60 3 CLARENCE PARADE SOUTHSEA PO5 2HR
1 bed 1 bath Flat
Investment or seaside first home close to Palmerston Road amenities.
Seafront location minutes from promenade and local amenities
Good-size lounge opening to fitted kitchen with integrated appliances
Double bedroom with built-in boiler cupboard
Tenant in situ paying £875 pcm or sold with vacant possession
Approx. 100 years remaining on the lease (buyer to verify)
Service charge c. £1,912pa; ground rent £150pa
No garden; likely solid brick walls with no cavity insulation
Local area reports higher crime levels — check suitability
Set within the period Pendragon Apartments on Clarence Parade, this one-bedroom flat sits just minutes from the seafront and local amenities. The apartment offers a good-size lounge opening to a fitted kitchen with integrated appliances, a double bedroom and a white bathroom suite — an easy, low-maintenance home or rental unit for coastal living.
Practical running costs are clear: gas central heating, double glazing, communal bike storage and lift access. The lease has approximately 100 years remaining, with service charge approximately £1,912 per year and a small ground rent of £150. The property can be sold with vacant possession or with a tenant in situ currently paying £875 pcm.
This flat is well suited to investors seeking a let-ready seafront unit or a first home for someone wanting coastal convenience. Be aware of local factors: the area reports higher crime levels, the building is an early 20th-century construction with solid brick walls (likely no cavity insulation), and the lease term, while long enough for purchase, will require future review by your solicitor.
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