Initial price	£180,000
01/02/25	£175,000
Price Change	-2.78%

This two-bedroom ground floor apartment is located in a sought-after conservation area in Southsea, close to the town center and seafront. The property is part of a four-story development and has a private access and allocated car space. The apartment is in need of modern refurbishment and is being sold at a competitive guide price of £165,000-£175,000. It has a living room with a bay window, two double bedrooms, a bathroom, and a kitchen with gas and electric cooker points. The property also has a walled garden and a lock-up store. The leasehold has 125 years remaining, and a lease extension has been completed. The service charge is £3,147.84 per annum, and the ground rent is proposed to be a peppercorn. The property is being sold with a buyer's premium of £450 + VAT, and an auction legal pack will be prepared by the seller's solicitors.