1 bedroom retirement property for sale

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1 bedroom retirement property for sale

Grove Road North, Southsea
£50,000

Price History

Initial price £75,000
14/11/24 £70,000
25/01/25 £65,000
04/04/25 £60,000
13/06/25 £50,000
Price Change -33.33%

Description

This 1-bedroom top-floor retirement apartment is located just a short walk from Palmerston Road shopping precinct and seafront, offering a convenient and accessible lifestyle. The property benefits from a remaining lease term of approximately 116 years, with a service charge of £2258.18 per annum and ground rent of £969.90 per annum, which reduces to £0 on March 25, 2080. The apartment features a double bedroom with fitted wardrobe, lounge, kitchen, and shower room, as well as access to communal gardens, an on-site house manager, communal lounge, laundry room, guest suites, and on-site residents parking bays. The property is well-maintained and offers a range of amenities, making it an attractive option for those looking for a comfortable and convenient retirement living.