1 bedroom retirement property for sale

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1 bedroom retirement property for sale

Grove Road North, Southsea
£60,000

Price History

Initial price £75,000
14/11/24 £70,000
25/01/25 £65,000
04/04/25 £60,000
Price Change -20.00%

Description

This 1-bedroom top-floor retirement apartment is being sold with no chain and a remaining lease term of approximately 116 years. Located just a short walk from Palmerston Road shopping precinct and the seafront, the property offers a range of amenities, including communal gardens, an on-site house manager, communal lounge, laundry room, guest suites, and on-site residents parking bays. The apartment itself features a double bedroom with fitted wardrobe, lounge, kitchen, and shower room, with a communal entrance and stairs/lift access to the third floor. The property benefits from a security intercom, electric night storage heaters, and a range of appliances, including an electric cooker and fridge/freezer. The leasehold property also comes with a service charge of £3957.20 per annum and a ground rent of £969.90 per annum, which reduces to £0 on March 25, 2080.