Summary - 501 The Boathouse, Ocean Drive ME7 1FW
2 bed 2 bath Flat
Chain-free, bright home with strong rental appeal and excellent commuter links.
- Chain-free two-bedroom apartment with balcony and waterfront views
- Approximately 722 sq ft; modern build (2007–2011)
- Master bedroom with en suite; second double and separate bathroom
- Double glazing and modern integrated kitchen fitted
- High flooding risk; insurance and mitigation may be costly
- Electric room heaters only — higher running costs likely
- Located in student communal area; strong lettings potential
- Leasehold tenure; check service charges and lease length
Set on Ocean Drive, this chain-free two-bedroom apartment occupies a waterfront building completed between 2007–2011. At around 722 sq ft it offers a bright open-plan living area, high ceilings and a balcony with open pier and sea views — ideal for buyers seeking a low-effort move-in. The master bedroom includes an en suite; the second double and main bathroom make the layout flexible for sharers or a small family.
Practical positives include full double glazing, modern fitted kitchen with integrated appliances, excellent mobile signal and convenient local amenities and transport links within walking distance. Council tax is affordable and the property sits in a low-crime area, which supports both owner-occupation and lettability.
Buyers should note material drawbacks plainly: the property is leasehold, set in a neighbourhood classified as student communal living with a generally deprived area profile, and the site has a high flooding risk. Heating relies on electric room heaters rather than a central gas system, which may increase running costs and affect mortgage/insurance options. Broadband speeds are average and some buyers may want to budget for improvements or upgraded services.
Overall, the apartment suits investors targeting rental demand from students and professionals, or first-time buyers wanting a ready-to-live-in waterside home. Factor in leasehold terms, flood insurance considerations and potential running-cost differences from electric heating when assessing long-term value.
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