Summary - 25 SOUTHSEA TERRACE SOUTHSEA PO5 3AU
2 bed 1 bath Apartment
Affordable seaside entry with parking and long lease for first-time buyers.
- Sea-facing private balcony with views across the Solent
- 50% shared ownership available: £125,000 for half
- Long lease: 125 years remaining
- Allocated off-street parking space included
- Compact living: Approx 506 sq ft, third-floor apartment
- Average annual service charge £2,125; monthly service/rent figures apply
- Victorian solid-brick build; likely no wall insulation, upgrade potential
- Medium flood risk and high local crime; insurance/safety considerations
This third-floor, two-bedroom shared ownership apartment offers an exceptional sea-facing balcony with direct views across the Solent — a rare find in central Southsea. Offered as a 50% share for £125,000 (full market value £250,000), it provides an accessible route onto the property ladder with a long lease of 125 years and allocated off-street parking.
The interior is compact at around 506 sq ft but thoughtfully arranged: a bright living room, two bedrooms and a separate kitchen. Monthly running costs include a service charge of £177.16 and combined rent/ground rent on the unsold 50% of £190.29. Annual service charges average £2,125. The property is chain free and sits within a lively, amenity-rich area with good transport links, restaurants and local attractions.
Buyers should note this is a small, older construction (Victorian, solid brick) with assumed lack of wall insulation. There is a medium flooding risk for the area and local crime statistics are high; prospective purchasers should factor these into insurance and safety planning. The property presents maintenance and upgrade potential — insulation, energy efficiency and cosmetic modernisation may be needed.
This apartment suits a first-time buyer seeking an affordable seaside foothold or an investor wanting a holiday-let-style location close to Portsmouth’s amenities. Verify lease, service charge details and local restrictions before committing; the property’s size and location drive its value and use-case more than spacious accommodation.
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