Situated on the highly desirable Festing Road in Southsea, this well-presented lower ground floor apartment offers an excellent opportunity for first-time buyers, investors, or those seeking a coastal home close to local amenities and the seafront. The property benefits from a Share of Freehold and the remainder of a 999-year lease, providing long-term security and attractive ownership advantages. Internally, the accommodation is spacious and well arranged, comprising a bright bay-fronted lounge/diner that provides an excellent living and entertaining space.
The recently fitted kitchen features an attractive arched opening and serving hatch overlooking the lounge/diner, creating a sociable and open feel while maintaining a degree of separation between the rooms. There is a generous double bedroom with a large recessed storage area, offering practical and versatile storage solutions, together with a well-appointed bathroom. Residents also benefit from the right to park within the building's private parking area, which comprises five parking spaces shared between the eight leaseholders and operated on a first come, first served basis. There is also a communal garden space amongst established trees for residents enjoyment. Located in one of Southsea's most sought-after residential roads, the apartment is conveniently positioned for the seafront, local shops, cafés, restaurants, and transport links, making it an ideal home or investment in a prime coastal setting.
ENTRANCE HALL:
Smooth and coved ceiling, part wood panelled walls, high level shelving, laminate flooring.
LOUNGE / DINER:
Smooth ceiling, partly coved, sash bay windows, radiator, high level, meter cupboard, low level meter cupboard, high level meter cupboard, raised dais, opening/serving hatch through to kitchen, laminate flooring.
KITCHEN:
Smooth ceiling, opening/serving hatch through to kitchen/diner, radiator, range of wall and base mounted units with solid wood work surfaces over, inset sink and drainer with mixer tap over, electric oven, gas hob with extractor over, space for fridge freezer and washing machine, cupboard housing gas boiler, high level shelving, part tiled walls, laminate flooring.
BEDROOM:
Smooth and coved ceiling, two double glazed windows, radiator, deep recess with curtain rail, fitted carpet.
BATHROOM:
Smooth ceiling, extractor fan, panelled bath with mixer tap, WC, wash hand basin, tiled splash back, radiator, laminate flooring.
OUTSIDE:
Communal gardens with mature trees and planting, shingle area and patio. The property benefits from a car park with a right to park for each of the leaseholders on a first-come-first served basis.
LEASEHOLD INFORMATION
Lease Commenced: 8/8/2024
Lease Term: 999 years
Lease Term Remaining: 997 years
Ground Rent: N/A
Service/Maintenance Charge: £1,548 per annum
COUNCIL TAX
Portsmouth City Council TAX BAND A £1,527.80 for the year 2026/2027.
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