Summary - 11 OSPREY GARDENS LEE-ON-THE-SOLENT PO13 8LJ
1 bed 1 bath Studio
Chain-free studio with garden, two parking spaces and immediate rental income..
Tenant in situ paying £750pcm — immediate rental income
Private rear garden with decking and storage shed
Two allocated off-street parking spaces
Long lease: 955 years (share of freehold)
Open-plan studio layout with modern fitted kitchen
Electric storage heating — potentially higher energy costs
Council tax band very low — running costs economical
Ground-floor position — easy access but limited privacy
A compact ground-floor studio with private garden and two allocated parking spaces, offered with a long 955-year lease. The apartment is currently tenanted, producing £750pcm, making it immediately income-generating for a buy-to-let investor. The layout is open-plan with a modern fitted kitchen and useful built-in storage including a pull-down bed.
Practical positives include double glazing, private outdoor space with decking and shed, off-street parking for two cars, and a council tax band that keeps running costs low. The property sits in a quiet cul-de-sac close to local shops and amenities, within a predominantly comfortable suburban area popular with families.
Notable considerations: heating is by electric storage heaters which can be less efficient and increase energy bills compared with gas central heating. The accommodation is a single-room studio, so living space is limited and best suited to a single occupant or couple. The sale is with a tenant in situ, so vacant possession will depend on tenancy terms.
Overall this is a straightforward, low-maintenance investment opportunity with immediate rental income, long lease security and private outdoor space — balanced against modest living space and electric heating costs.
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