First-floor two-bedroom flat with parking — suitable for cash buyers or investors aware of lease limits.
Two double bedrooms and spacious reception room
Allocated off-road parking space
Leasehold — approximately 70 years remaining
Many lenders likely to refuse mortgages on this lease length
Service charge approx £1,630 per year; ground rent £150
Electric storage heating — potentially higher running costs
Close to shops, frequent bus services and good local schools
Built in 1983–1990; modern building with double glazing
A well-proportioned two double-bedroom first-floor apartment in Parkstone, offered with an allocated off-road parking space. The reception room is spacious and light, complemented by a fitted kitchen and a modern bathroom suite; the flat has double glazing and electric storage heating. Its location is convenient for local shops, frequent bus services and a range of nearby schools, making it straightforward to let or occupy.
Important finance and ownership facts affect suitability: the property is leasehold with approximately 70 years remaining. Many mortgage lenders are likely to refuse lending on a lease of this length, so buyers should be prepared to fund the purchase with cash or seek specialist lending. Annual costs include a service charge of about £1,630 and a small ground rent of £150.
The apartment presents solid rental or buy-to-let potential given its size, parking and transport links, but buyers should factor in possible higher running costs from electric storage heating compared with gas central heating. The building dates from the 1980s and is modern in style; no flood risk is recorded.
Viewing is recommended for cash buyers or investors comfortable with a shorter lease. Solicitor checks are advised to confirm lease details, lender acceptability and any planned building works or costs.
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