Clarence Parade, Southsea, Hampshire, PO5 2ES

Marco Harris are delighted to offer this well presented one bedroom seafront apartment with share of the freehold, perfectly located for someone looking to capitalise on arguably one of the best locations across the South Coast, situated directly on the common this location is unbeatable, with the hugely popular Palmerston Road, Southsea High St. and many of the hotspots across Southsea all within a few minutes’ walk. Fast becoming almost, a mini London Southsea has it all, independent restaurants, quaint coffee shops, and a trendy vibe with lots of events happening in this location on the regular. Whether you are looking to live the quiet life and enjoy leisurely strolls along the promenade or are an energetic professional looking to enjoy this vibrant lifestyle this location ticks so many boxes.

The property itself has been tenanted for the last couple of years with the current tenant paying £800 PCM on a rolling periodic contract that Marco Harris oversee. The property can be sold with the tenant in situ or as a vacant possession.

Balmoral court is one of the more prominent buildings on the front as it stands very central on the common and is a striking building with plenty of original character still retained. Upon entrance into the building there you will find lift access and a stairwell to each floor. This apartment that we have to offer is located on the third floor towards the rear of the building. As you step inside there is a small hallway that branches off into area of the property, there is separate kitchen with beech colour units, although fairly compact the kitchen offers a decent amount of cupboard and worktop space, there is a gas hob, fan oven and integral washing machine & under counter fridge, the kitchen has lovely high ceilings and an external window. I would say our favourite space within the property is the open plan living & dining room, this L shape room is a versatile space and has plenty of scope to have a living and dining area, the large windows flood this room with plenty of natural light. The main bedroom and the bathroom complete the apartment, the main bedroom a fair size with the bathroom offering a bath & shower combo. Further benefits with the apartment include a recently fitted gas combi boiler that was put in the last 18 months.

Useful Additional Information:

Tenue: Leasehold
Rental Potential: Circa £900 PCM
Lease Length Remaining: Impressive 964 Years
Ground Rent: N/A (Share of Freehold being sold with Apartment)
Service Charge: £1800 Annually – Approx. £150 per Month
Heating: Gas Central Heating with Recently Fitted Boiler
Parking: Permit Parking Directly Outside
Council Tax Band: B
EPC Rating: D

Summary:

For those seeking an opportunity to get onto the property ladder this could be the place for you, with relatively low service charges and ground rent, not to mention an extremely long lease, This apartment is perfectly suited. Or if you are an investor looking to add a safe return to your investment portfolio with rental prices in this area reaching an all-time high in 2024, another option could be holiday or short-term rentals that have become very popular.

Due to the high demand for this property, we have limited viewing slots available. Therefore, we kindly request that you contact us promptly to secure your preferred time. Please bear in mind that our mainline may be busy, and if you cannot reach us immediately, we encourage you not to continually ring. Instead, we have implemented more modern communication channels through our social media page and sales WhatsApp number, ensuring that you can easily get in touch with us.

Disclaimer Property Details: Whilst believed to be accurate all details are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. We have not carried out a detailed survey nor tested the services, appliances, and specific fittings. Room sizes should not be relied upon for carpets and furnishings. The measurements given are approximate.