West Street, Fareham, Hampshire, PO16
Offers in excess of £95,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page | 1 bedroom

Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page

A

Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page

Leasehold

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

£0.0 per year

Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

ASK AGENT

Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

£0.0

Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

104 years

Material Information

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Property Ref: NCF230303

Property features

• One bedroom ground floor apartment
• Long lease
• Tenant in situ currently paying £850. PCM reflecting approx. 9.3% yield.
• Un-allocated parking to the rear
• Well-presented throughout
• Walking distance to Fareham Train Station and Town Centre
• Gas central heating

On approach you enter the main building to the side aspect stepping in to a communal hallway with a security telephone entry system. The apartment itself can be found immediately on the ground floor. The accommodation consists of an entrance hallway with doors to principal rooms which include a modern fitted four piece bathroom suite with bath and separate shower cubicle, a double bedroom and an open plan living/kitchen/dining area with a fitted kitchen and integrated appliances. The apartment is well presented throughout and an early viewing is highly recommended.

Conveniently located in Fareham Town Centre the property is within walking distance to Fareham Train Station, Leisure Centre and shopping precinct. There is also easy access to the M27 and an allocated parking space in the residents car park to the rear.

Lease details;
There is the remainder of a 125 year lease starting in 2005. There is a service charge of £1009. paid every six months and a ground rent of £150. per annum.
 

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