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Aldermoor Road, Southampton SO16 1 bed apartment for sale
Aldermoor Road, Southampton SO16
£99,950
Aldermoor Road, Southampton SO16
£99,950
Our Summary
- The property comprises: Kitchen, Bathroom, Living room and Bedroom, it is in need of modernisation throughout and would make a fantastic "nest egg", downsize and investment purchase
- The property currently has a 61 year lease, so open to cash buyers only
- Ask Agent about Potential to Extend Lease
- In Need of Modernisation
Description
This one-bedroom flat is located on Aldermoor Road in Southampton and is being marketed for sale by Jackson Bailey. The property is on the upper floor and needs modernisation throughout, making it a great opportunity for a "nest egg" or investment purchase. The flat has a 61-year lease, which is only suitable for cash buyers, although there may be an option for the seller to extend the lease for mortgage buyers, with the asking price adjusted to reflect the costs involved. The property includes a kitchen, bathroom, living room, and bedroom, and benefits from a ground rent of £40 per year and a service charge of £1492 per year.