Investment

Hollow Lane, Hayling Island, Hampshire, PO11

Offers over £210,000
  • 2 beds
  • 2 baths
  • 1 reception
or call 01243 374 711
Gina Overington
Emsworth
emsworth.sales@leaders.co.uk

Key Features

  • Two Bedroom Apartment
  • Two Allocated Parking Spaces
  • 10 Minute Walk to Beach
  • En-Suite Main Bedroom
  • 103 Year Lease
  • Strong Gross Annual Yield
  • Juliette Balcony to Lounge
  • Attractive Communal Grounds
  • Well Presented Throughout
  • No Onward Chain

Description

Ideal investment opportunity! Located just a ten minutes' walk from Hayling Islands famous Blue Flag beach, is this well presented two-bedroom apartment.



The property is situated on the first floor and has two allocated parking spaces with access to a bike store also.



You enter the property into a welcoming entrance hall, just off the hall is the main bedroom which is a great size with built in storage and en-suite consisting of fresh modern three-piece suite including walk-in shower, toilet and hand basin. The main bathroom is just to the end of the hall which is another contemporary space with bath, sink and toilet. Kitchen has plenty cupboard and surface space also complemented by a selection of integrated appliances. Flowing off the kitchen is the lounge, which is a generous size, dual aspect windows with an attractive Juliette balcony overlooking the pretty communal gardens. Bedroom two is a good-sized single which could also be used as study or home office. The purpose-built block was built in 2003 and has 105 years remaining on the lease.



Lease Remaining: 105 Years

Service Charge: £1250 per annum

Ground Rent: £25 per annum



Agent Notes: Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.

These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.; Council Tax Band: C; Service Charge: 1250 pa; Ground Rent: 25 pa

Handy Information

  • EPC
    C Rating
  • Council Tax BANDS
    £142.39 per month
  • Broadband Speed
    80 mbps
Calculate stamp duty online
£

Notes

The stamp duty calculator presumes that none (or part) of the property qualifies as mixed-use for which the current SDLT would be 3%.

Please note that this tool is an indicator only, your solicitor or tax consultant will advise you as to the actual stamp duty land tax that must be paid on completion.

All calculations are correct as of 1st October 2021, which are subject to change at any time

Click here for more information

Investment

Hollow Lane, Hayling Island, Hampshire, PO11

Offers over £210,000
  • 2 beds
  • 2 baths
  • 1 reception
or call 01243 374 711
Gina Overington
Emsworth
emsworth.sales@leaders.co.uk

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