1 bed property for sale

New Priory Gardens, Portchester, Fareham, Hampshire PO16

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £70,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Found in Portchester Town Centre, this nicely decorated and well maintained first floor Retirement Flat is situated within a prime location being close to the Port Solent Marina, historic Portchester Castle and the sea front.

Key features include; Lounge that overlooks the quiet communal garden to the rear of the building, modern kitchen and modern shower room. The building benefits from a secure communal entrance with off-site warden and an emergency call system. Residents parking is available but being within close proximity to Portchester train station and also having excellent bus routes, you may find yourself not needing a car. The property is only available for over 60's. Viewing is highly recommended.

Agent notes/material information:

Fareham Borough Council Tax Band: B
Energy Performance Rating: C
Broadband estimated availability - Openreach, CityFibre, Virgin Media, EE & Three (Please refer to Ofcom broadband checker for further information)
Mobile Availability - Vodafone, Three, O2 & EE (Indoor) Likely/Limited.
Mobile Availability - Vodafone, Three, O2 & EE (Outdoor) Likely.
5G is available -Please refer to Ofcom mobile checker for further information.
Flood Risk - Refer to - ( ()
The property is connected to a mains supply for electric, gas and water and sewerage.

Lease information:

The property is leasehold, the maintenance is £2,940.00 per annum from April 2025 - March 2026, Ground Rent is £37.50 quarterly (£150.00 per annum) and Lease is 99 years from 22/2/1985 so there is approximately 59 years remaining.

Accommodation comprises:

* Communal Entrance
Security entry system leading to well maintained communal hallways with stairs and lift to all floors. On the first floor front door to:

* Entrance Hallway: 2.24m x 1.7m (7' 4" x 5' 7")
Textured ceiling, smooth walls, built in storage cupboard and electric storage heater. Doors to:-

* Lounge: 2.95m x 1.7m (9' 8" x 5' 7")
Double glazed window and double glazed door with Juliet balcony opening to rear aspect overlooking the garden, textured ceiling, smooth walls and electric storage heater. Archway opening to:

* Kitchen: 2.92m x 1.7m (9' 7" x 5' 7")
Furnished with a range of wall and base units, ceramic sink unit with mixer tap over and drainer, space for cooker, plumbing for washing machine and space for (Tall) fridge/freezer. Double glazed window to side aspect, textured ceiling, smooth walls with tiling to principal areas and vinyl flooring.

* Bedroom: 3.15m x 2.97m (10' 4" x 9' 9")
Double glazed window to rear aspect overlooking the garden, textured ceiling, smooth walls and electric panel heater.

* Shower Room: 1.83m x 1.68m (6' x 5' 6")
Furnished with a three piece suite incorporating corner shower cubicle with electric shower over, pedestal wash hand basin with taps over and closed coupled WC. Textured ceiling, tiled walls, extractor fan, vinyl flooring and electric towel rail.

* Communal Garden
Mostly laid to lawn with patio/seating areas, mature trees, an array of flowers/shrubs and resident parking.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'. These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

This property is sold on a leasehold basis. The lease length is years.

Please note that these are draft details and we are awaiting approval by the vendor.