Description

25% SHARED OWNERSHIP (with scope to increase to 100%) is offered for this very conveniently situated 2nd floor TWO BEDROOM RETIREMENT FLAT (55-plus) benefitting from lift service, communal garden and roof terrace, majority replacement double-glazing, secure entry, and electric heating. Built around 1988, 'Keyes Court' is a five-storey development comprising residential apartments above ground floor commercial units. It occupies a prominent position fronting Albert Road on the south side and just a short distance from its junction with Duncan Road. This position is less than half a mile from Southsea Town Centre (Palmerston Road Shopping Precinct) and within comfortable reach of a wide range of public amenities, including The Seafront, bus services, main-line station, local shops and eateries. Available now with NO ONWARD CHAIN and on a PART BUY/PART RENT basis (see below for details of costs), Flat 12 offers generous accommodation appointed to a fair standard, but with scope for the incoming occupier to apply their own tastes and ideas to decor. Full particulars are given as follows:

Covered approach to a pair of wrought-iron gates and:

PORCH

Pair of main entrance doors, with SECURE ENTRY SYSTEM, to:

MAIN LOBBY

Having access to LIFT and staircase to upper floors, also to communal rear garden.

FLAT 12

UPVC and obscure double-glazed front door to:

ENTRANCE HALL

Textured plaster ceiling. Built-in airing/storage cupboard with water tank, electricity meter and circuit breakers. Security intercom telephone. Night storage radiator.

WET ROOM & W.C.

Contemporary white suite comprising:  low flush w.c., pedestal handbasin, and walk-in shower area with 'Mira' mixer and free-draining floor. Extractor. UPVC replacement double-glazed window. Textured plaster ceiling.

KITCHEN - 3.1m x 2.31m (10'2" x 7'7")

Fitted base and wall cupboards, work surfaces with tiled surround, single drainer stainless steel sink unit with mixer tap. Electric cooker point. Plumbing for washing machine. UPVC replacement double-glazed window to rear elevation. Textured plaster ceiling.

BEDROOM ONE - 3.56m x 2.49m (11'8" x 8'2")

Textured plaster ceiling. Window to front elevation. Night storage radiator.

BEDROOM TWO - 3.25m x 2.06m (10'8" x 6'9")

Textured plaster ceiling. UPVC replacement double-glazed window to front elevation. Electric panel heater.

LIVING ROOM - 5.61m x 3.1m (18'5" x 10'2")

Textured plaster ceiling. Suspended square bay window to front elevation having UPVC replacement double-glazing. Night storage radiator.

OUTSIDE

REAR:  Generous communal garden laid to paving with brick-bordered raised beds and seating.
COMMUNAL ROOF TERRACE.

GENERAL INFORMATION

TENURE:  99 years leasehold from July 1988 (64 years remaining),
SERVICE CHARGE:  £181.41 per month.
RENT:  £184.01 per month.
COUNCIL TAX:  Band 'B' - £1,540.59 per annum (2023-24)

EPC 'C'

SHARED OWNERSHIP

The buyer will have the option (referred to as "staircasing") to increase their ownership stake, up to 100% if desired.  This would be on a pro rata basis (100% being valued at £120,000). We are given to understand that outright ownership would see the creation of a new lease (details to be confirmed).

VIEWING

By appointment with SOLE AGENTS,
D. M. NESBIT & CO.
(17673/044279)