1 bed flat for sale in Bury Road, Gosport PO12, £120,000

120,000.00

Offer Nr.:
66052526
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Bathrooms:
1
Reception rooms:
1
Contact name:
ROK Marsh
Phone(s):
023 9424 2562

* Share of freehold
* No forward chain
* Spacious
* Top Floor Apartment
* Allocated Parking
* Secure Entry
* Share of Freehold
* Low Running Costs
* Good Rental Returns
* Close to Local Shops & Amenities
* Easy Reach of Ferry & Town Centre
We are delighted to bring you this spacious top floor apartment with allocated
parking, share of the freehold, secure entry in this block of 3, set on the
end of the row, now available with no forward chain.
This property is low cost to run, while close to local shops and amenities and
in walking distance to the town centre and ferry over to Portsmouth City.
For investors, this property rents well with good returns.
**The Property**
As you approach the property, you find this on the end of the row, with the
parking space located to the rear of the building, with a gateway to the main
building from there. There is also an access to the communal hallway through
the secure door with intercom.
Up the stairs, you find this property on the top floor. Through the front
door, you walk into the entrance hall, with the kitchen & lounge opposite and
the bedroom and bathroom to your right.
The lounge is light and spacious, adjacent to the kitchen which has floor &
wall mounted units, integrated gas hob, oven, induction hood, sink & drainer
with ample work top space.
The bathroom is a comfortable double with a dual aspect from the windows and
has the bathroom adjacent comprising of a bath (with overhead shower), wash
basin and toilet.
Outside, there are communal grounds to the right side of the building bordered
with trees and bushes.
Locally, you have shops & amenities in easy reach, along with having Gosport
town centre, health centre and ferry over to Portsmouth within walking
distance.
**Lease & Share Of Freehold**
There is a 125 year lease from 1/8/2001. A management company has been set up
named Bury Mews Residents Company Limited. It has three shares and one
automatically passes to the owner of each flat. As a result there is no ground
rent and we wouldn't anticipate any of the shareholders would object to a
lease extension. A service charge budget is informally agreed between the
three shareholders and accounts produced on an annual basis. Currently the
present owners undertake this work and would be happy to continue to do so if
one of the other shareholders was unwilling to take it on.

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