Seafront apartment with walk-out balcony and sea views
Lift access, House Manager and 24-hour emergency call system
Service charge £3,456.69 pa covers most communal costs
Leasehold: 999 years remaining from 2017; long lease
Ground rent £425 pa (next review 06/2032)
Community heating scheme; limited individual control
Parking by permit only, subject to availability
Local area records higher-than-average crime levels
This well-presented one-bedroom apartment sits on the second floor of Savoy House, a McCarthy Stone retirement development directly opposite Southsea seafront. The living room opens to a walk-out balcony with seafront views, and the fitted kitchen includes integrated appliances. Lift access and a House Manager provide everyday convenience.
Designed for retirement living, the development provides 24-hour emergency call systems, camera entry, a communal homeowners’ lounge for social events, and a mobility scooter store. The service charge covers external maintenance, communal heating, water rates, buildings insurance and the emergency call system, reducing upkeep responsibilities for residents.
Practical considerations are clear and straightforward: the property is leasehold (999 years from 2017) with an annual service charge of £3,456.69 and ground rent of £425 (review due 06/2032). Heating is via a community scheme and the current bathroom has a bath (owner-installed) that can be reverted to a level-access shower if preferred.
Buyers should note the local area records higher crime levels than average and parking is by permit subject to availability. The apartment’s coastal position, excellent mobile signal and fast fibre broadband make it attractive for those seeking a social, low-maintenance seafront retirement base with easy access to shops and amenities.