This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- Two Double Bedroom Apartment
- Located In Southampton City Centre
- En-Suite To Principal Bedroom
- Balcony Overlooking Queens Park
- Decked Area To Rear Onto Communal Gardens
- Cash Buyers Only
- Virtual Tour Link Attached
- Call To Book Your Viewing
Having a balcony facing directly onto Queens park and an additional decked area facing into the communal courtyard gardens.
Internally the property comprises a double bedroom with ensuite and patio doors to the rear decking, second bedroom, three piece bathroom suite, modern fitted U shape kitchen and seperate lounge with patio doors to front balcony.
Description - The ever so popular development of Oceana Boulevard also benefits from a telephone entry system, secure and allocated under croft parking, landscaped communal gardens & a communal gym. This property would make the perfect first home or investment with potential rental of around £1,250pcm.
The apartment is well presented throughout, with an ensuite to bedroom 1, a family bathroom a separate kitchen and open plan lounge diner which leads to the balcony.
There is an allocated secure parking space with the property and an onsite Gym.
The property is chain free and has tenants currently in situ until August 2024 paying £1200pcm
The property is only for cash buyers due to the following reasons:
There is an ongoing section 20 on the building for long-standing issues with water ingress from the roof and smoke extraction in the car park levels.
There is an on going battle to attempt to hold the freeholder responsible for these repairs but it is a possibility that costs will also fall to the leaseholder.
The second is the B2 rating on the EWS1 form. Barratt homes are currently inspecting the building to work out what they need to do under the government policy to get the building to the right level to achieve a good EWS1 rating and will be performing the work but we don't currently have timescales on when this will be complete by.
The Management company has confirmed that the maximum liability for this property is £8,752.04
Material Information - Southampton - Tenure Type;
Leasehold Years remaining on lease; 138 Years
Leasehold Annual Service Charge Amount £2763.06
Reserve contribution in 2022 - £3,118.50
Council Tax Banding; C
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Broadband availability and predicted speed: obtained from Ofcom on March 11, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 11, 2022
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Clear: No bars, no signal predicted
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