PO12 1SR - 1 bed lakeside retirement apartment in Prince Alfred Street…

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1 bedroom retirement property for sale in Alver Quay, Prince Alfred Street, PO12

Summary - ALVER QUAY, 54 FLAT 12A PRINCE ALFRED STREET GOSPORT PO12 1SR

1 bed 1 bath Retirement Property

Ground-floor, low-maintenance flat with emergency assistance and communal lounge.
Ground-floor retirement apartment with lakeside outlook
A ground-floor retirement apartment overlooking Work House Lake, presented with no forward chain. The layout includes a comfortable lounge/dining room with French doors, a separate fitted kitchen, one bedroom with fitted storage and a bathroom with shower over bath. Emergency assistance pull cords and a communal residents' lounge provide added peace of mind for independent living.

Practical details suit low-maintenance living: PVCu double glazing, electric storage heaters (no gas on site) and mains services. The development is modern in style and sits beside waterside amenity and local conveniences. Council tax is very low and the area performance is broadly average for amenities and safety.

Important lease and cost information: the lease has about 73 years remaining. This may restrict mortgage lending — many lenders have minimum lease-length requirements. The current service charge is £3,093.48 pa (to be reduced to £257.79 pcm from April 2025), and there is a sinking fund contribution payable on future sale (1.2% of the sale price per year owned). Buyers should verify lease and management figures with a solicitor before exchange.

This property will suit a retiree or downsizer seeking a waterside, low-effort home with emergency support and communal facilities. Be aware of potential financing limits due to the lease length and factor service charges into ongoing affordability.

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