Affordable starter or buy-to-let close to park and beach with parking included.
Allocated car-port parking beneath the flat
Short walk to Stanley Park and Stokes Bay beach
Long lease remaining (~130 years)
Modern fitted kitchen and double glazing
Electric storage heaters — potentially higher running costs
Service charge c. £1,847 per year; ground rent £15
Compact one-bedroom layout; limited internal space
Built 1976–82; internal modernisation likely beneficial
Set above covered parking, this one-bedroom first-floor flat in Alverstoke offers an affordable entry into a sought-after coastal neighbourhood. The layout includes a bright lounge/diner, modern fitted kitchen and a double bedroom, all arranged within a compact 456 sq ft footprint. Communal grounds and allocated car-port parking add practical convenience for residents.
Practical strengths include double glazing, a long lease (~130 years remaining), fast broadband and proximity to Stanley Park and Stokes Bay beach — useful for work-from-home and leisure balance. Serviceability of the building is apparent, though the accommodation reflects its 1970s construction and would benefit from cosmetic updating to maximise comfort and value.
Important costs and considerations are straightforward: the property is leasehold with a service charge of about £1,847pa and a small ground rent of £15. Heating is by electric storage heaters, which can be more expensive than gas alternatives. The flat’s modest scale and single-aspect aspect mean space is limited, so it suits buyers seeking a low-maintenance starter home or a buy-to-let with seaside appeal.
Overall, this apartment is a practical, affordable option for a first-time buyer or investor who values location and low initial purchase cost, accepts modest ongoing charges, and is comfortable investing in light modernisation to unlock greater rental or resale potential.
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