Long lease, parking and low upkeep — compact city flat ideal for first-time buyers or investors.
Long lease 965 years, minimal long-term lease risk
Residents' off-street parking included
Compact footprint: approx. 420 sq ft, limited living space
Modern fitted kitchen and recently refitted shower room
Double glazed windows; standard ceiling heights
Electric room heaters — higher running costs than gas
Service charge £810 pa (below average); ground rent £50 pa
Local area: very deprived classification and high crime rate
This compact one-bedroom flat sits in a modern purpose-built block in Gosport, offering low-maintenance living for a first-time buyer or investor. At about 420 sq ft the layout is functional with a separate fitted kitchen, a living room and a refitted shower room; double glazing helps with insulation and noise. The property benefits from an exceptionally long lease (965 years), modest ground rent and a below-average service charge, reducing long-term ownership costs.
Practical features include residents' off-street parking and fast broadband/mobile signal — useful for commuters and home-workers. Heating is electric via room heaters, so running costs will be higher than gas-heated homes; the flat’s small size helps contain bills but consider energy efficiency upgrades if budget allows. There is no private garden and external communal landscaping is modest.
Location is central to local shops, bus routes and a range of amenities; several primary schools nearby have Good Ofsted reports. Buyers should note material local-area factors: the neighbourhood is classified as very deprived with a high local crime level, which may affect long-term resale and rental demand. The property is best suited to buyers prioritising affordability, low upkeep and convenience rather than expansive living space or quiet, affluent surroundings.
Overall this is a straightforward, budget-friendly flat with clear strengths — long lease, parking, modern kitchen and bathroom — balanced by its compact size, electric heating and challenging local area indicators. It presents a sensible step-on-the-ladder purchase or buy-to-let opportunity for those comfortable with the neighbourhood profile.
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