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1 bedroom flat for sale
Flat 10, Chalfont, Compton Terrace, Hailsham
£109,995
Flat 10, Chalfont, Compton Terrace, Hailsham
£109,995
Our Summary
- It could benefit from minor improvements, as it has been successfully rented out for many years
Description
This second-floor flat is situated near a picturesque duck pond and country trail, with many town amenities within walking distance. Although it could benefit from some minor improvements, the property has been successfully rented out for many years. The flat is leasehold with 98 years remaining on the lease, and the annual ground rent is £150. The service charge demands are ad-hoc, and the block does not have a reserve maintenance fund. The seller informs us that the previous year's service charges were £400.13 and £156.73, which covered various maintenance and repair costs. It's essential to seek legal advice and confirmation of this information before purchasing the property.