Sea Front, Hayling Island Auction guide price £135,000 Leasehold

Located directly on Hayling Island's beautiful seafront this ground floor apartment would make a perfect home for anyone aged 60+ to retire to (or a couple 55+). The accommodation consists of a lounge/dining room, with patio door to the rear and arch to a fitted kitchenette, a modern shower room and a double bedroom. Décor is pleasant and neutral. The property is a 'Right To Manage' complex, meaning the development is directly run by the residents themselves rather than a distant landlord. This RTM status offers immense benefits, including full financial transparency, lower service charges, and direct control over which contractors are used for building maintenance. It ensures every penny of the management budget is spent entirely to benefit the residents. This independent living facility hasa part-time in House Manager and a very social communal area. There are a variety of organised entertainment activities and friends and family can book a guest suite for £35-40 p/night. Other features include a laundry room. Outside, the communal gardens, including a wonderful area with pergola, are beautifully tended by both the residents and a professional gardener. There is also parking. Viewing highly recommended.


COMMUNAL ENTRANCE Entry phone system

LOUNGE 17' 5" x 10' 4" (5.31m x 3.15m)

KITCHEN 7' 4" x 5' 11" (2.24m x 1.8m)

BEDROOM 13' 9" x 8' 10" (4.19m x 2.69m)

SHOWER ROOM 6' 7" x 5' 7" (2.01m x 1.7m)

AGENTS NOTE We understand the annual service charge is £2,518.00 and the annual ground rent is £425.00.
107 years remaining on the lease.


AUCTIONEER'S COMMENTS This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.