Summary - ST MATTHEWS COURT FLAT 40 KING STREET GOSPORT PO12 1AW
2 bed 1 bath Apartment
Chain-free two-bed top-floor flat near Gosport town centre — cash buyers or investors preferred..
Top-floor two-bedroom flat with spacious lounge and separate kitchen
Chain-free and available with vacant possession
Allocated off-street parking space
80 years remaining on lease — lenders may refuse mortgages
Service charge £1,248.97 per year
Small overall size: 433 sq ft (compact accommodation)
Area has high crime and significant deprivation
Gas central heating; fast broadband and mobile signal
Set on the top floor of a 1980s block close to Gosport town centre, this two-bedroom apartment offers straightforward accommodation and vacant possession. The layout includes a spacious lounge, separate fitted kitchen, two bedrooms with built-in storage and a bathroom — practical for rental or first-step buyers who can buy without a mortgage.
Notable positives are the allocated off-street parking space, gas central heating and fast mobile and broadband connectivity. The apartment is chain-free and ready for immediate occupation or a targeted refurbishment to improve rental yield or resale appeal.
Buyers must be aware of two material drawbacks. The remaining lease term is 80 years; many mortgage lenders restrict lending on leases under around 85–90 years, so a mortgage may be difficult or impossible to obtain. The service charge is £1,248.97 per year and the building sits in an area with higher-than-average crime and pronounced deprivation — factors to consider for owner-occupiers and investors.
This property will suit a cash buyer or an investor prepared to manage lease extension costs and service charges, or a buyer able to obtain specialist lending. Viewings are recommended to assess condition and potential; the apartment’s compact footprint and straightforward layout make it an economical option for those targeting central Gosport.
2 bedroom apartment for sale in Clarence Road, Gosport, Hampshire, PO12 — £130,000 • 2 bed • 1 bath • 786 ft²
2 bedroom apartment for sale in Mumby Road, Gosport, Hampshire, PO12 — £129,995 • 2 bed • 1 bath • 561 ft²
2 bedroom flat for sale in Clarence Road, Gosport, PO12 — £150,000 • 2 bed • 1 bath • 474 ft²
2 bedroom apartment for sale in Clarence Road, Gosport, Hampshire, PO12 — £152,500 • 2 bed • 1 bath • 524 ft²
1 bedroom flat for sale in Whiteacres Close, Gosport, PO12 — £130,000 • 1 bed • 1 bath • 420 ft²
2 bedroom apartment for sale in Grosvenor Mews, Gosport, PO12 — £125,000 • 2 bed • 1 bath • 649 ft²
