Summary - Flat 4, 40 Granada Road PO4 0RJ
2 bed 1 bath Flat
Chain-free two-bed flat near Canoe Lake and the beach, with parking and long lease.
Top-floor two-bedroom apartment with mezzanine character
Set on the top floor of a 1930s semi-detached building, this two-bedroom apartment offers an unusual mezzanine layout and sea-side convenience. Recently redecorated and recarpeted, the flat is move-in ready and benefits from double glazing, allocated off-street parking and a private timber store. The share of freehold and an exceptionally long lease (circa 990 years) add tenure security.
This home suits first-time buyers or buyers seeking a coastal second home; it also has straightforward investor appeal given its size (c.754 sq ft) and proximity to Canoe Lake and the beach. Local amenities and good broadband make it practical for everyday living while the upper-floor position delivers extra privacy and light.
Buyers should note the property uses electric room heaters rather than a mains gas central heating system, which can increase running costs. The service charge is currently £3,000 due to recent major works, although the managing budget indicates a proposed ongoing cost nearer £1,800 per year. The area records higher-than-average crime, so purchasers should consider local security and insurance implications.
Overall this chain-free flat combines character, coastal location and secure tenure with realistic trade-offs: moderate running costs, a temporarily elevated service charge and a need to consider neighbourhood safety. For those prioritising location and a ready-to-live-in top-floor apartment, it represents a solid entry to the Southsea market.
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