Chain-free apartment with gardens and parking, close to station and village amenities.
NO ONWARD CHAIN — vacant possession possible quickly
Allocated off-street parking for one vehicle
Southerly communal gardens accessed from lounge patio
70 years remaining on lease — lenders may decline mortgages
Seller prepared to renew lease at additional cost — buyer to confirm terms
High service charge: £1,232.20 half-yearly (approx. £2,464.40 pa)
Ground rent: £125 per annum
Area notes: above-average crime and high local deprivation
A chain-free, ground-floor two-bedroom flat set in a modern residential block close to Lancing village and the mainline railway. The accommodation is well laid-out: a south-facing living room with patio door onto well-kept communal gardens, a fitted kitchen/breakfast room, two bedrooms and a bathroom. The flat includes one allocated parking space and immediate access to local shops and transport links.
Important lease details significantly affect suitability: 70 years remain on the lease and mortgage lenders may refuse to lend on this property. The seller has stated they are willing to renew the lease at an additional cost; any buyer should obtain legal and mortgage advice before committing. Service charges are notable and include a half-yearly management fee of £1,232.20 and an annual ground rent of £125.
This property will suit a buyer able to proceed without standard mortgage support (cash buyers) or someone prepared to arrange lease extension prior to purchase. It also offers potential for an owner-occupier seeking easy access to transport and low-maintenance communal grounds. Be aware the area records above-average crime and higher local deprivation indices, and the EPC is currently listed as TBC.
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