PO16 7AS - 1 bed fareham retirement apartment in Grove Road, PO16 7AS

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1 bedroom retirement property for sale in Faregrove Court, Grove Road, Fareham, PO16

Summary - FAREGROVE COURT 45 GROVE ROAD FAREHAM PO16 7AS

1 bed 1 bath Retirement Property

Compact, low‑maintenance town‑centre flat ideal for downsizers or investors.
Juliet balcony with outlook over landscaped communal gardens
On‑site manager, residents’ lounge and lift access for convenience
Unallocated off‑street parking; limited spaces available
Refitted shower room and separate fitted kitchen
Electric storage heating; potentially higher running costs
Leasehold: 125 years remaining, ground rent £395 per year
Service charge approx £3,432 per year covers communal services
Compact overall size—best suited to single occupant or couple
This second‑floor one-bedroom retirement apartment offers low‑maintenance living close to Fareham town centre. Natural light fills the lounge which opens to a Juliet balcony overlooking well‑kept communal gardens — a pleasant, elevated outlook for relaxing or entertaining visitors.

The development includes a residents’ lounge, on‑site manager, lift access and unallocated parking, making daily life easier for downsizers. Accommodation is compact and efficiently arranged with a separate fitted kitchen and a recently refitted shower room. Double glazing and electric storage heaters are installed.

Buyers should note the property is leasehold with approximately 125 years remaining. Annual maintenance of about £3,432 and ground rent of £395 apply; these contribute to communal upkeep but increase running costs. Heating is electric storage, which can be more expensive than gas alternatives.

Overall this apartment suits a single occupant or couple seeking a manageable, town‑centre retirement home or a buy‑to‑let investor looking for steady demand. The small internal size and service charges mean it’s best for those prioritising convenience and communal facilities over large living space.

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