Summary - 5 CLEARWATER APARTMENTS, 38-42 SOUTH PARADE, SOUTHSEA PO4 0SN
2 bed 2 bath Flat
Chain-free two-bedroom flat with direct sea views — ideal first home or buy-to-let..
Sea-front position with direct views to the Solent and Isle of Wight
This chain-free, two-bedroom apartment occupies an elevated position on South Parade with direct southerly views across the promenade to South Parade Pier, the Solent and the Isle of Wight. The main bedroom and living room both benefit from the outlook, and the open-plan kitchen/living arrangement makes the most of the light. Presented in a neutral, modern finish, the flat is ready to move into for a couple, first-time buyer or investor seeking seaside rental income.
Practical details that support everyday living include double glazing, mains gas central heating and fast broadband/mobile reception. The accommodation includes a master bedroom with ensuite, a separate bathroom and an efficiently planned living space across approximately 590 sq ft. With 102 years remaining on the lease and a modest ground rent, the tenure is straightforward, though this is a leasehold property.
Be aware of material costs and local context: the service charge is circa £2,800 per year and ground rent is £150 pa. The building is a Victorian mid-terrace constructed before 1900, likely with solid (granite) walls and limited cavity insulation — this can mean higher heating costs and periodic maintenance typical of period seafront buildings. The area records higher-than-average crime levels; buyers should consider security and insurance implications.
Overall this is a compact, well-presented seafront flat that offers strong location appeal and rental potential, but also predictable running costs and maintenance considerations associated with a period apartment on the seafront. Buyers should verify lease and service charge details during conveyancing and factor in ongoing management costs before committing.
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