1 bedroom flat for sale

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1 bedroom flat for sale

Fastnet House, South Parade, Southsea PO5 2JG
£135,000

Price History

Initial price £150,000
01/02/25 £135,000
Price Change -10.00%

Description

This one-bedroom, seafront apartment is being sold by public auction with a guide price of £125,000-£135,000. The property is located in the mid-1960s-built Fastnet House, a sought-after residential development in Southsea, and benefits from allocated car space, central heating, replacement double-glazing, and secure entry. The flat is on the upper ground floor and has been refurbished, presenting in a good overall standard with some cosmetic attention required. The property has a short remaining lease term of 41 years, and the seller is subject to a Court of Protection Order, meaning the buyer will need to pursue a lease extension at their own expense. The property features a shower room and WC, kitchen/breakfast room, bedroom, and living room, all with UPVC replacement double-glazed windows. The allocated car space is located adjacent to the building's main entrance. The property is being sold with a service charge of £2,616.84 per annum and a ground rent of £60 per annum. Viewings can be arranged by appointment with the sole agents and auctioneers.