£140,000
1 bed flat for saleCranbury Terrace, Southampton, Hampshire SO14
1 bed
1 bath
1 reception
EPC Rating: E
- Leasehold
Charters - Southampton
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About this property
Walking distance to the city centre and railway station
Allocated parking space
No onwards chain
Remainder of 999 year lease
Ideal first home
Excellent buy to let opportunity
One double bedroom
Additional study room
Offered to the market with the added benefit of no onwards chain and within walking distance of the city centre, central railway station, The Common, and the bars cafes and restaurants in London Road and Bedford Place.
This one-bedroom, second-floor flat is a great choice for first-time buyers or buy-to-let landlords looking to expand their portfolio. The current owner has successfully rented out the property for several years, making it a proven investment in the rental market.
The accommodation comprises the entrance hallway with access to the generously sized lounge dining and kitchen area, the kitchen with some integral appliances, the double bedroom which is served by the three piece bathroom suite and a further room which could make for the ideal work from home office.
The apartment further benefits from a secure allocated parking space to the rear of the building.
Leasehold
Unexpired Years: 957
Annual Ground Rent: £26
Ground Rent Increase: N/A
Ground Rent Review Period: Annually
Annual Service: £2,400
Estate Management Charge: Currently £205 per calendar month paid quarterly
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Additional information
Materials used in construction: Ask Agent
How does broadband enter the property: Ask Agent
- Gas was never insalled
For further information on broadband and mobile coverage, please refer to the Ofcom Checker online
Southampton is a thriving commercial port with a population in excess of 250,000 and achieved city status in 1964 due to its contribution to trade and the economy. The city centre offers an extensive range of shopping and leisure facilities ranging from small boutique outlets to major department stores including the landmark West Quay shopping mall. Restaurants, bars and cafes cater for every taste and the Cinema de lux offers the finest film viewing experience. Numerous pleasant parks together with The Common, City golf course and sports centre offer a wide range of leisure opportunities with hundreds of acres of green open space. Premier league football is played at St Marys and the Ageas Bowl is the home of Hampshire cricket hosting domestic and international matches together with live music events. The Guildhall and Mayflower theatres host a wide and eclectic range of plays, opera, ballet and musicals and the public art gallery in the civic centre has a famous and acclaimed collection.
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More information
Tenure
Leasehold (956 years)
Service charge
£2,400 per year
Council tax band
B
Ground rent
£26
Ground rent date of next review