Summary - Flat 7 Le Pier, 16, Marine Parade West CO15 1FJ
2 bed 2 bath Flat
Coastal two-bedroom with parking and long lease, ideal for investors or holiday use.
Panoramic coastline views from top-floor living spaces
Perched on the third floor of a period terrace, this two-bedroom penthouse delivers panoramic coastal outlooks and strong rental or holiday-let potential. The principal bedroom includes an en-suite and the living room is generous, both designed to make the most of the sea aspect. A modern kitchen and double glazing are in place, and the long lease (circa 984 years) provides secure ownership for the future.
Practical benefits include an allocated off-street parking space, gas central heating with boiler and radiators, and superfast broadband connectivity. The property will be sold via online auction, so buyers should factor in auction costs, a 5% non-refundable deposit on exchange, and a reservation fee if applicable.
Notable drawbacks are material: the flat is on the third floor of a block with no lift, which may limit accessibility and appeal for some buyers. The building is older (early 20th century) and walls are timber-frame as built with assumed lack of insulation, which could mean upgrade costs. The estate has a high annual service charge (approx. £3,796.52) and an EPC rating of E. The surrounding area records very high crime and is classified as very deprived, which affects resale and lettability in some market segments.
This property suits an investor or buyer seeking a seaside pied-à-terre who can tolerate a busy town-centre location and potential retrofit work. Viewings are by appointment and interested parties should review the legal pack and auction terms before bidding.
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