Summary - 7, Cannock Walk PO14 1JZ
2 bed 1 bath Maisonette
Refitted maisonette with covered parking, long lease and strong rental yield.
Chain free for speedy completion
Refitted modern kitchen and updated bathroom
Two well-sized bedrooms with loft access in main bedroom
Covered parking (carport) and communal garden
Long lease circa 101 years (TBC) — verify with solicitor
Low ground rent (£20) and service charge (£342 pa)
Gross yield around 9% (rental approx. £1,100 pcm)
Area has above-average crime and higher deprivation levels
This elevated first‑floor maisonette offers a straightforward, move‑in‑ready home or buy‑to‑let in Fareham. The flat has been updated with a refitted kitchen and modern bathroom, benefits from gas central heating, double glazing and an EPC rating of C — practical features that reduce immediate maintenance needs.
The layout provides two well‑sized bedrooms, a light living room and useful built‑in storage, plus the convenience of covered parking beneath the property and communal outdoor space. At the listed price the property delivers an estimated gross yield of around 9% (rental circa £1,100pcm), making it attractive to investors seeking immediate income, and manageable for first‑time buyers wanting low running costs.
Key tenure and cost points: the lease shows approximately 101 years remaining (to be confirmed) with low ground rent (£20) and a below‑average annual service charge (£342). These are material positives, but buyers should instruct their solicitor to verify all lease terms, review any future ground‑rent reviews and confirm the precise unexpired term.
Practical cautions: the block dates from the late 1960s/early 1970s and likely has cavity wall construction with no confirmed insulation. The area records above‑average crime and higher deprivation indices; while well connected for commuting, these local factors may affect longer‑term capital growth and tenant demand. All factual details about lease, charges and planned works must be checked legally before purchase.
1 bedroom maisonette for sale in Elms Road, Fareham, Hampshire, PO16 — £155,000 • 1 bed • 1 bath • 510 ft²
2 bedroom ground floor maisonette for sale in Needles House, Redlands Lane, Fareham, PO16 — £180,000 • 2 bed • 1 bath • 776 ft²
2 bedroom maisonette for sale in Bishopsfield Road, Fareham, Hampshire, PO14 — £190,000 • 2 bed • 1 bath • 804 ft²
2 bedroom maisonette for sale in Longfield Avenue, Fareham, PO14 — £170,000 • 2 bed • 1 bath • 776 ft²
2 bedroom apartment for sale in Sutton Court, Fareham, PO14 — £180,000 • 2 bed • 1 bath • 629 ft²
2 bedroom apartment for sale in Dampier Close, Gosport, Hampshire, PO13 — £178,000 • 2 bed • 1 bath • 539 ft²
