Auction opportunity with garage, garden and easy access to shops and rail links.
Guide price £80,000; vacant and sold at auction (buyer’s premium applies)
This vacant mid-floor two-bedroom leasehold apartment offers an unusually low guide price and practical basics for a budget-conscious buyer or investor. The open-plan living/kitchen, garage and private garden give useful amenity for the size, and the property benefits from double glazing and an EPC rating of C.
Located roughly half a mile from local shops and around two miles from Havant station, the flat is well placed for commuters and for access to nearby amenities. The block dates from 2007 onwards and the accommodation totals about 61 sq.m (657 sq.ft). The lease has approximately 136 years remaining and current ground rent is approximately £383 per year.
Important considerations: the building sits in a very deprived area with above-average crime statistics and several nearby schools rated below good. Heating is by electric room heaters rather than central heating, which may affect running costs. The sale will be by auction with a buyer’s premium (£1,200 incl. VAT) and other charges — the legal pack should be read thoroughly before bidding.
For someone seeking low-cost entry to the Havant market or an investor targeting lettings to local workers, this flat presents clear potential but also operational trade-offs. Expect modest running costs for council tax (Band A) but consider potential higher energy costs, neighborhood factors and auction purchase fees when assessing value.
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