Chain-free first-floor two-bedroom retirement apartment with communal gardens and parking; 60-year lease may affect mortgage..
Chain-free first-floor retirement apartment, ready to move into
This chain-free, first-floor retirement apartment offers a practical two-bedroom layout set within well-kept communal grounds on the outskirts of Basingstoke town centre. The living room is notably generous for an apartment of this size, and residents benefit from a communal lounge, landscaped gardens and off-street parking.
The apartment is suited to over-55 buyers seeking low-maintenance living with outdoor space and on-site communal facilities. The kitchen and bathroom are functional and the two double bedrooms include built-in storage, making the flat ready for immediate occupation with scope for cosmetic updating.
There are important matters to note: approximately 60 years remain on the lease, which may prevent many mortgage lenders from lending and could restrict purchase options. The annual service charge and ground rent are above average; prospective buyers should check these costs and lease terms with their solicitor before proceeding.
Heating is by electric storage heaters and the property was constructed in the late 20th century with double glazing; upkeep and potential energy costs should be considered. The surrounding area records very high crime levels, so buyers should weigh local safety considerations alongside the apartment’s convenient location and communal amenities.
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