2 bedroom apartment for sale

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2 bedroom apartment for sale

Lower Canal Walk, Southampton
£175,000

Our Summary

  • 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

Description

This 4th floor apartment boasts a large roof terrace with direct access from the lounge and master bedroom, offering stunning views. The property features off-road parking, an en-suite master bedroom, and access to a communal gym. Located in the heart of the town center, the apartment has a spacious lounge, modern kitchen, and two well-proportioned bedrooms. There are two ongoing issues to be aware of: a B2 rating on the EWS1 form, which Barratt Homes are working to resolve, and an ongoing Section 20 notice for long-standing issues with water ingress and smoke extraction in the car park levels. Although the apartment has not been affected by these issues, the building owner will need to cover some of the costs, and the obligation for funds is currently unknown. Despite this, the quoted cost for the entire building's issues was £5.2 million, with the apartment's obligation being £18,000, although this is expected to be lower due to Barratt Homes' new responsibilities.
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