Compact, chain-free one-bedroom retirement flat in Fareham town centre — check lease and finance first..
- Chain free one-bedroom retirement flat, first floor
- Newly refitted kitchen and modern shower room
- Warden-controlled building with lift and communal areas
- Small overall size (c. 414 sq ft) suitable for downsizers
- Leasehold with c. 60 years remaining; lenders may refuse
- High service charge c. £360/month (approx. £4,320/year)
- Electric storage heating; 1980s construction
- Local area: very high crime levels and area deprivation
A compact, chain-free one-bedroom retirement apartment positioned on the first floor of Cedar Court, walking distance to Fareham town centre and local amenities. The flat has been newly renovated with a re-fitted modern kitchen and shower room, and benefits from a warden-controlled development, lift access, communal gardens, laundry room and residents’ parking.
This property will suit an over-55 buyer seeking a low-maintenance, centrally located home or a downsizer wanting straightforward access to shops, buses and Fareham Creek. The living space is modest (approximately 414 sq ft) with built-in storage in the bedroom and double glazing installed after 2002.
Important practical points: the apartment is leasehold with around 60 years remaining. Many mortgage lenders restrict or refuse lending on short leases, so buyers should check finance options before committing. The service charge is comparatively high at about £360 per month (c. £4,320 annually). Heating is via electric storage heaters, and the building dates from the 1980s.
The area has very high recorded crime levels and is classed as relatively deprived locally, which may affect some buyers’ sense of security and resale value. Council Tax is low (Band A), mobile signal and broadband speeds are good, and there is no flooding risk. Overall this is a convenient, ready-to-move-in retirement apartment with clear pros and measurable constraints that sensible buyers should weigh up in advance.
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