Chain-free one-bedroom requiring modernisation near Southend Victoria and town centre.
Chain-free ground-floor retirement apartment in managed development
Requires full modernisation; dated decor and electric storage heating
89 years remaining on lease (leasehold)
Service charge approximately £2,748 annually; ground rent £200
Communal lounge, laundry, hairdresser and well-kept gardens on site
On-street parking only; no allocated parking space
Close to Southend Victoria Station and town centre amenities
Area classified as very deprived with higher local crime levels
This ground-floor one-bedroom retirement apartment is offered chain-free within a well-maintained development close to Southend Victoria Station and the town centre. Communal facilities include a residents' lounge, communal gardens, laundry and on-site hairdresser, providing convenience and sociable communal space for over-60s.
The flat needs modernisation throughout — the living space is spacious with a semi open-plan kitchen, fitted bedroom wardrobes and a fitted bathroom, but dated decor and electric storage heating mean refurbishment will be required to bring the property up to contemporary standards. Tenure is leasehold with 89 years remaining.
Running costs and ownership facts to note: the annual service charge is substantial at approximately £2,748 and ground rent is £200 per year. Parking is on-street only. The area is classified as very deprived with higher local crime levels, which may affect resale or lettability.
This property will suit a buyer seeking a ready-to-move-into retirement base with communal amenities who is willing to invest in updating, or an investor targeting retirement market demand close to transport and town-centre amenities.
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